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News

May 22, 2024

NuORDER Improves Payment Vaulting

Over 3,000 Brands Now Able to Improve their Customers’ Payments Experience

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Peter Dougherty

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Spreedly, the world’s leading open payments platform, and NuORDER by Lightspeed, a leading B2B platform powering commerce and discovery for the world's best brands and retailers, announced today a partnership to leverage advanced payments vaulting solutions to keep customer data secure during wholesale transactions. 

NuORDER by Lightspeed is a global B2B platform that powers wholesale buying and selling. It allows brands to create a wholesale website that retail buyers can log into to browse products, plan assortments, and make real-time purchases. 

As a long-time Spreedly customer, the payments team at NuORDER has expanded the partnership to offer platform users Spreedly’s new Advanced Vault, which is expected to increase transaction success rates, lower the overall cost of managing the vault, and measurably improve the wholesale buying experience.

“Building on an over seven-year relationship with Spreedly, we can now offer our customers an even better payment experience with access to the latest payment technology, including automatic card updates and enriched payment data. All of this combined helps customers save time, operate efficiently,  and ensure payments are processed quickly and seamlessly,” commented Susan Chae, Vice President of Client Services at NuORDER by Lightspeed. 

“For platforms like NuORDER, which support the unique payment needs of over 3,000 brands, leveraging an open payments platform offers the ability to not only meet today’s needs but also prepare their payments stack to adjust as those needs evolve,” said Joe Meuse, Vice President, Product at Spreedly. This is a wonderful example of a long-time Spreedly customer continuing to grow and add more value for global customers.”

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What is NuORDER by Lightspeed's primary function?

NuORDER by Lightspeed is a global B2B platform that powers wholesale buying and selling. It allows brands to create a wholesale website that retail buyers can log into to browse products, plan assortments, and make real-time purchases.

What are the expected benefits of NuORDER implementing Spreedly's Advanced Vault?

The Advanced Vault is expected to increase transaction success rates, lower the overall cost of managing the vault, and measurably improve the wholesale buying experience. It also provides automatic card updates and enriched payment data.

How long has NuORDER been working with Spreedly before expanding this partnership?

NuORDER has had an over seven-year relationship with Spreedly before expanding the partnership to offer Spreedly's new Advanced Vault to platform users.

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Written by

Peter Dougherty

Peter Dougherty was President of Spreedly, where he led a period of accelerated growth, operational transformation, and strategic exit readiness. Recruited to drive turnaround and scale, he strengthened revenue quality, expanded SaaS performance, and helped position the company for long-term valuation growth.He also played a key role in advancing Spreedly’s global expansion and partnership ecosystem, supporting initiatives that connected open payments, optimization, and fraud prevention across an evolving payments landscape.Peter writes about payments strategy, ecosystem-driven growth, and the role of disciplined execution in building durable, high-performing payments platforms.

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