Canadian fintech Nuvei has renewed its relationship with 888 to help the igaming operator enhance its payment experience in the US.
Nuvei was instrumental in 888’s entrance into Ontario last year, following the launch of the newly regulated igaming market in April 2022.
Now, Nuvei is taking its technology and expertise across the border to boost 888’s card acquiring and local payment method capabilities, with the aim of accelerating the operator’s growth in the US.
Commenting on the partnership, Nuvei Chair and CEO Philip Fayer said: “We’re thrilled to continue to grow our relationship with 888 and support its global expansion in the US and beyond.
“Instant, convenient, and secure deposits and payouts are critical to winning players in the rapidly expanding US igaming landscape.
“Optimizing card payment acceptance is a key component of the cashier experience, and Nuvei has decades of experience supporting operators maximize their revenue growth.”
888 is leveraging Nuvei’s technology platform, extensive acquiring reach, instant bank-to-bank payments, and deep knowledge of regulated igaming markets to maximize payments acceptance and optimize its risk management.
In addition to enabling 888 to accept deposits, players will be able to instantly withdraw funds from their 888 account directly to their bank card or via Nuvei Instant Bank Transfer, the US igaming industry’s first payment method for instant account-to-account deposits and payouts.
Noam Klivitzky, 888 VP of US Marketing, added: “Enabling players to deposit and withdraw funds from their igaming accounts seamlessly and securely is critical to the overall platform experience.
“At 888 we’re committed to offering the most comprehensive igaming experience in the market, so we’re excited to add Nuvei’s card acquiring capabilities alongside its Instant Bank Transfer solution.
“Nuvei has a rich heritage of enabling igaming operators to maximize their payments’ performance in regulated markets across the globe.”
Meanwhile, earlier this year, Nuvei received a significant financial boost with the addition of Ryan Reynolds to its investor ranks.