Nuvei and CNBS Partner on New Offerings for SAP Ecosystem

Nuvei is collaborating with CNBS Software on new offerings for the SAP ecosystem.

The partnership combines the capabilities of these two entities serving the enterprise world and aims to deliver seamless integration, improved security and expanded payment methods, the companies said in a Friday (June 30) press release.

“Nuvei’s historical expertise in [enterprise resource planning (ERP)] and B2B payments combined with CNBS’ deep understanding of the SAP ecosystem creates a best-in-class experience for CNBS’ customers globally,” Nuvei CEO and Chair Phil Fayer said in the release

Nuvei offers a comprehensive suite of global fraud prevention measures, along with a selection of alternative payment methods. Its modular and scalable technology allows businesses to access payment methods in over 200 markets worldwide, according to the release.

CNBS provides SAP ERP solutions for the enterprise world. By leveraging Nuvei’s enhanced payment services, CNBS can now streamline its payment process and ensure efficiency and accuracy in every transaction, the release said.

“Nuvei has a deep knowledge and experience in integrated ERP and B2B payments, and we feel that our collaboration will bring vast enhancements to our services,” CNBS Software CEO Ravi Manchala said in the release.

The partnership announcement comes one day after Nuvei became a “recommended payments partner” for Sage, a provider of accounting, financial, human resources (HR) and payroll technology for small- to medium-sized businesses (SMBs).

Sage can now recommend Nuvei as a solution for its ERP platform, and Nuvei said its platform is “uniquely connected to the entire Sage ecosystem.”

In another recent move, Nuvei integrated its platform with travel software firm Sabre in April to let Sabre offers its partners a “superior customer payments experience” that helps them maximize card payment approval rates, boost revenue growth and reduce customers loss due to false declines.

In addition, Nuvei lets Sabre offer clients more than 600 alternative payment methods for their online checkouts via one integration.

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