Canadian Manufacturing

Nuvei partners with Scanco to amplify i2PAY solution

by CM Staff   

Manufacturing Operations

The partnership allows Scanco to develop an Autonomous Supply Chain platform.

MONTREAL and NOKOMIS โ€” Fintech company Nuvei partners with Scanco Software to integrate its payment processing capabilities into Scancoโ€™s Invoice2Payment (i2PAY) solution.

Philip Fayer, Nuvei Chair and CEO said, โ€œBy integrating our advanced B2B payment capabilities with Scancoโ€™s innovative software, weโ€™re enabling businesses to streamline their operations, improve cash flow, and make more informed financial decisions.โ€

The i2PAY solution, designed to enhance Scancoโ€™s warehouse management systems, will include features for online payment processing, email receipts, automated deposits, and advanced analytics. The integration will allow Scanco customers to utilize Nuveiโ€™s payment processing solutions, including Card-Not-Present and ACH processing, within their enterprise resource planning (ERP) systems like Sage.

The partnership supports Scancoโ€™s goal to develop an Autonomous Supply Chain platform encompassing various management systems and aids in their international expansion plans.

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Andy Nunez, president and CEO of Scanco, said, โ€œPartnering with Nuvei allows us to offer our customers a comprehensive payment solution in i2PAY that addresses the critical payment requirements of our customers.โ€

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