These capabilities were expanded by the company’s expanded strategic partnership with Microsoft, which enables Nuvei’s core payment processing application programming interfaces (APIs) to run on Microsoft Azure and use Azure AI to optimize transactions in real time, the companies said in a Tuesday (Dec. 2) press release.
Migrating its core services to Azure will also provide Nuvei with greater elasticity, faster performance, more consistent global reliability and reduced reliance on third-party technologies, according to the release.
The new architecture also enables future enhancements and ongoing improvements to resilience and optimization, per the release.
“Running our core processing on Microsoft Azure gives us an AI-native foundation that adapts in real time, optimizes transactions globally and meets regional data-residency…
