Fintech News | Fintech Zoom

Nuvei announces Telium Tetra certification, driving the next generation of in-store commerce

Nuvei, a leading provider of global fintech solutions and the first-ever community of payment experts, has announced it has completed certification to the new Telium Tetra suite of smart terminals from Ingenico Group in Canada. This milestone enables Nuvei’s partners and merchants to benefit from Ingenico’s advanced new line of payment devices on Nuvei’s powerful processing platform.

The Tetra certification rolls out on Nuvei’s proprietary front-end authorization platform and presents a state-of-the-art, PCI compliant solution for standalone or integrated merchant environments. It also marks the launch of Nuvei’s fully redesigned POS terminal interface. The combined solution is aimed at improving ease of use, dependability and flexibility across multiple business settings, while offering the highest level of security at the point-of-sale.

Nuvei’s front-end acquiring switch provides direct connectivity with major credit card brands and Interac for secure and reliable authorization, processing and bankcard settlement. The company’s in-house team also developed and maintains the next-generation terminal’s core payment application and provides direct integration support to its ISV and VAR partners.

New Features and Benefits:

  • An intuitive touchscreen interface with new graphical capabilities, optimized for rich multimedia
  • Accepts the widest range of payment methods, using a variety of connectivity options for in-store and mobile wireless applications
  • Processes all forms of electronic payment including EMV, and NFC/contactless for Apple Pay and Google Pay
  • Faster transaction processing with 4G speeds that also enhances connectivity in city centers and within buildings
  • Best-in-class security with PCI-PTS 5.x certification and the latest future-proof cryptographic schemes
  • Future support for 3rd party value added applications such as gift card, loyalty or survey programs

“Ingenico is pleased that Nuvei has adopted the new Telium Tetra platform for deployment in Canada,” said Richard Giannini, senior vice president of product development at Ingenico Canada. “The new platform seamlessly integrates payments with easily deployable business applications. This will allow Nuvei merchants to provide additional services to their customers in the constantly evolving retail environment.”

“It’s crucial for Nuvei’s clients to have access to the latest payment technology. The Tetra certification allows us to bring a superior transaction experience to merchants and their customers,” said Philip Fayer, Nuvei’s chairman and CEO. “In addition to offering the most advanced hardware and software solutions, we are constantly enhancing the capabilities of our front-end platform, allowing us to further add value to the payments ecosystem. This not only encourages adoption of newer payment technologies in the Canadian marketplace, it’s an important driver for our reseller and integrated partnerships.”

Initial hardware roll-out includes Ingenico’s Desk/5000 countertop model and the Move/5000 model for payments on-the-go.

About Ingenico Group
Ingenico Group (Euronext: FR0000125346 – ING) is the global leader in seamless payment, providing smart, trusted and secure solutions to empower commerce across all channels, in-store, online and mobile. With the world’s largest payment acceptance network, we deliver secure payment solutions with a local, national and international scope for our customers. We are the trusted world-class partner for financial institutions and retailers, from small merchants to several of the world’s best known global brands. Our solutions enable merchants to simplify payment and deliver their brand promise.

About Nuvei
We are Nuvei, the first-ever community of payment experts. We provide fully-supported payment solutions designed to promote and advance our partners’ success. We work with ISOs, ISVs, payment facilitators, developers, and eCommerce platforms, supporting them with the technology, expertise, and customer service they need to stand out. Backed by our full-service, globally connected platform, our vision is to build a network in which our partners can truly thrive. Our goal is to create bigger and better payment opportunities for all, paving the way to great partnerships.

Mia Turner

Add comment

Advertising