Nuvei partners with Scanco to amplify i2PAY solution

MONTREAL and NOKOMIS — Fintech company Nuvei partners with Scanco Software to integrate its payment processing capabilities into Scanco’s Invoice2Payment (i2PAY) solution.

Philip Fayer, Nuvei Chair and CEO said, “By integrating our advanced B2B payment capabilities with Scanco’s innovative software, we’re enabling businesses to streamline their operations, improve cash flow, and make more informed financial decisions.”

The i2PAY solution, designed to enhance Scanco’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 Nuvei’s payment processing solutions, including Card-Not-Present and ACH processing, within their enterprise resource planning (ERP) systems like Sage.

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

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