Nuvei has strengthened its global expansion announcing a new collaboration with Visa.
As part of the collaboration, Nuvei’s US clients will be enabled with access to fast payouts via implementation of Visa Direct, Visa’s real-time2 push payments platform.
Initially available in Europe, this offering will now enhance Nuvei’s payout capabilities in the U.S. and help create a more efficient, secure and seamless payments experience for its merchant clients across virtually any industry.
“The introduction of Visa Direct to our U.S. merchant clients further strengthens our constantly evolving payout options,” commented Philip Fayer, Nuvei’s Chair and CEO. “As consumers are looking for faster, simpler and more connected experiences, it is crucial that we provide solutions that best address their needs. An important part of this is supporting payments in real time, delivering a truly frictionless payment journey.”
With Visa Direct, Nuvei’s clients will be able to provide fast payout capabilities to their customers, with transactions routed and processed in near real time. The expansion of Nuvei’s offering with Visa Direct to the US marks an exciting milestone as part of the Company’s goal to deliver the latest payment innovations at a global level.
Ruben Salazar, SVP and global head of Visa Direct added: “Our collaboration with Nuvei in Europe is already helping its customers realize the benefits of fast and secure digital payout capabilities via Visa Direct. We are excited to partner with Nuvei in the U.S. so their clients can use Visa Direct to help them digitise paper-based, inefficient processes.”