Fintech & Ecommerce

Akurateco Integrates Nuvei into Its Payment Hub

Akurateco has integrated Nuvei into its Payment Hub, giving businesses that use its payment orchestration platform access to Nuvei’s acquiring network and payment methods through their existing Akurateco connection.

Akurateco Integrates Nuvei into Its Payment Hub

The integration means companies do not need a separate technical connection to reach Nuvei’s services. Through Akurateco, they can access Nuvei’s global acquiring and local payment methods, with smart routing and cascading designed to improve acceptance rates.

Nuvei says the setup is intended to help businesses support customers in the markets they already serve and expand internationally with less integration work.

Akurateco is a payment technology company that offers payment orchestration and a white-label payment gateway. Enterprise merchants use its orchestration platform to manage multiple providers through one integration, while payment service providers and financial institutions can use the white-label gateway to launch their own branded payment services.

Both products run as SaaS or on-premises and connect to more than 700 payment providers and methods.

Nuvei’s platform covers more than 720 payment methods, over 150 currencies and more than 200 acquirers. It also includes global acquiring, smart traffic management and FX tools. Akurateco has already added several Nuvei alternative payment methods, including Sofort, Multibanco, Boleto, PIX, Oxxo, iDEAL and MB WAY.

Orchestration platforms like Akurateco let merchants and PSPs avoid building separate connections to every acquirer or payment method. Adding Nuvei provides them with access to a large acquiring network and local methods without additional technical work on their side. For Nuvei, the arrangement expands distribution of its services through an existing platform that already serves enterprise merchants and payment providers.

Akurateco was founded in 2019. Its clients include payment service providers that use the platform as a white-label gateway, as well as enterprise merchants that rely on it for multi-provider routing. The company has said its platform can help improve approval rates and reduce processing costs through routing and cascading.

Nuvei and Akurateco said the integration gives Akurateco clients access to Nuvei’s coverage as they grow and enter new markets. The companies have not disclosed how many Akurateco users have already activated the Nuvei connection or what volume is expected to flow through it.

Olesia Kramarenko
Olesia Kramarenko
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https://payspacemagazine.com/author/olesia/

Olesia Kramarenko is an editor with more than 10 years of experience in journalism. She writes about cryptocurrencies, fintech, and blockchain technology. So far, she has written over 2,000 analytical articles and educational materials. Her interest in cryptocurrencies and digital finance grew in 2016, and these topics have been an important part of her work ever since.