Charles & Keith’s E-Commerce Revenue Surges After Nuvei Integration
by Fintech News Singapore March 20, 2024Singaporean fashion retailer Charles & Keith has joined forces with Canadian payments firm Nuvei Corporation to revamp its online payment systems amid its ongoing international growth strategy.
A single integration with Nuvei’s comprehensive payments technology platform will enable Charles & Keith to adopt a variety of alternative payment methods (APMs).
This is set to enhance the online shopping experience for customers by aligning with local payment preferences in key markets throughout Southeast Asia, Europe, and the United States.
The integration facilitates the use of popular digital wallets like Apple Pay and Google Pay to streamline the checkout process.
The collaboration aims to boost Charles & Keith’s e-commerce revenue, which has reportedly witnessed double-digit growth since the implementation of Nuvei’s solutions.
Notably, Nuvei’s smart routing technology aims to improve card payment authorisation rates across different regions, potentially increasing revenue conversion for the fashion brand.
Charles & Keith shared plans to further expand its international e-commerce presence by tapping into Nuvei’s global reach in over 200 markets covering 150 currencies and APM portfolio.
The fashion retailer added that it will also continue to step up its online and mobile checkout experiences as Charles & Keith embarks on its expansion plans.
Charles Wong
“Our ambition is to make our unique contemporary fashion accessible to customers worldwide. Nuvei shares that vision and is empowering us to localise our payments experience in every market through a single integration.
Nuvei’s dedicated support, technological expertise and payment optimisation capabilities have exceeded our expectations from the very start of this partnership.”
said Charles Wong, Co-Founder and CEO at Charles & Keith.
Philip Fayer
“Meeting the diverse payment needs of today’s global consumers demands a truly localised approach combined with deep payments intelligence.
Our single integration gives Charles & Keith the ability to stay agile while accessing all the payment methods, optimisation tools and on-the-ground expertise they need to maximise conversions at the checkout in each geography.”
added Philip Fayer, Chair and CEO of Nuvei.
