MONTREAL, March 22, 2022 (GLOBE NEWSWIRE) — Nuvei Corporation (Nasdaq: NVEI) (TSX: NVEI), today announces that it has deepened its integration with XDC Network, the global open-source Hybrid Blockchain platform, through its integration with XDC Foundation web3 browser extension wallet, XDCPay. Thanks to the Simplex by Nuvei solution, XDCPay users will now be able to purchase XDC with Visa, Mastercard and Apple Pay, using over 100 different local currencies.
The XDCPay browser extension wallet provides easy access to Web3 and the world of decentralized finance, including XDC Network’s own decentralized applications (Dapps), for XDC developers and users. Dapps are difficult to access and use, but this plugin, which can be installed on a Google browser, brings the decentralized web to the mass market.
Simplex by Nuvei was initially launched with XDC Network in July 2021, allowing XDC to be purchased on its network of wallet and exchange partners, and offering industry-leading security for every transaction. This latest integration with XDC Network’s new browser plugin will further streamline the onramp process, allowing users to purchase XDC from the XDCPay wallet, while avoiding lengthy payments from external onramp providers and XDC transfers from wallets. third.
Matthew Weisenthal, Chief Technology Officer at the XDC Foundation, said, “Over the past year, XDC Network has seen tremendous growth, both in terms of smart contracts deployed and decentralized applications built on the network. . XDCPay is a Web3 access point for our diverse and growing ecosystem. With this integration, Simplex by Nuvei becomes another highly accessible resource for our community.
“Our support for the new XDC Foundation wallet, XDCPay, is an important step in democratizing access to decentralized finance and enabling easy entry into the XDC ecosystem for developers, merchants and content creators” , said Nuvei Chairman and CEO Philip Fayer.
XDC Network is a hybrid blockchain platform designed to modernize the global commerce and finance industry with an accessible, efficient, and highly versatile decentralized commerce infrastructure. Enhanced Nuvei-XDC integration will now enable seamless interactions with decentralized applications for millions of users.
We are Nuvei (Nasdaq: NVEI) (TSX: NVEI), the global payment technology partner for successful brands. We provide the intelligence and technology businesses need to succeed locally and globally, through a single integration, driving them further, faster. By uniting payment technology and consulting, we help businesses eliminate payment barriers, optimize operational costs and increase acceptance rates.
Our proprietary platform provides seamless checkout and payment capabilities, connecting merchants to their customers in over 200 markets globally, with local acquiring in 46 markets. With support for over 530 local and alternative payment methods, including cryptocurrencies, and nearly 150 currencies, merchants can seize any payment opportunity that comes their way. Our goal is to make our world a local market.
For more information, visit www.nuvei.com.
About the XDC Foundation
XDC Foundation is a non-profit entity created to support the growth, development and adoption of the XDC Network by collaborating with an informed and active community of developers, global commerce experts and content creators. All of the XDC Foundation’s efforts are designed to support those who use XDC’s blockchain technology to more efficiently store and exchange data, assets, and ideas. For more information about the XDC Foundation, please visit https://www.xdc.org