Nuapay Announces the Partnership with Praxis Tech

Nuapay has partnered with Praxis Tech (Praxis) to power the delivery of open banking and account-2-account payments to Praxis' clients across Europe.

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This integration will enable Praxis' clients to continue to differentiate in a rapidly evolving competitive landscape. Praxis' customers will have access to faster, safer and seamless payment solutions.

One key segment that Praxis serves today is the trading market. This partnership will allow Praxis to provide users with an enhanced experience to better take advantage of trading opportunities.

Praxis' integration with Nuapay's proprietary open banking technology and industry-leading instant cardless payment solutions will be available to all of Praxis' European customers.

With Praxis already live in the market, Nuapay has added to its existing Payment Service Providers (PSPs) network, including Worldpay, Visa's CyberSource, Nuvei and more.

"Solid partnerships help fuel growth in open banking. This partnership with Praxis delivers market-leading payment solutions to their customer base, demonstrating once again their impressive ability to take advantage of innovations and respond to their customers' needs," said Brian Hanrahan, CEO, EML's Nuapay Business Division.