Surges in international travel, e-commerce and remittances are increasing cross-border payments’ volume and frequency
Fast growing brands need fast, global payment capabilities like the options offered through the partnership between Nuvei and Visa Direct¹
A huge opportunity exists right now
Consumers currently have no loyalty and are using multiple providers to get what they need. Whoever offers a secure, reliable solution has the chance to attract and retain a significant share of cross-border payments.
Hundreds of millions of people worldwide depend on remittances
Of the ~$822B worth of global cross-border remittances sent in 2023, $669B went to low- and middle-income countries. In eight countries, remittances represent one-quarter of GDP.³
Traditional cross-border payments are riddled with roadblocks
The Visa-Nuvei partnership delivers the future of payments, today
Nuvei’s single integration can easily embed into your platform, marketplace or software, making payment integration simple, secure and straightforward. By partnering with Visa Direct, they are revolutionizing the payout experience worldwide, letting businesses pay customers to cards and accounts with the speed and convenience they expect.
Global payouts are simplified by Nuvei’s technology and strengthened by the reach and reliability of Visa Direct
By combining the strengths of Nuvei with Visa Direct, businesses can remove hassle and risk, dramatically reduce operational costs, and provide quick, reliable and convenient access to money wherever customers are.¹
Help secure a competitive edge with Nuvei and Visa Direct
Nuvei and Visa Direct’s one-stop-shop solution helps businesses expand into new markets, unlock new revenue streams and meet consumers’ ever-changing demands.¹
Access to fast, flexible payments helps improve lives worldwide
There are a multitude of ways the Visa Direct-Nuvei partnership positively impacts companies and customers. Insurers, fintechs, gaming companies and merchants can make real-time⁵ disbursements, payouts and refunds directly to customer accounts. And millions of underbanked/unbanked people gain access to convenient, secure payment options.
Essential monthly expenses get paid
A family receiving a cross-border remittance knows exactly when money will arrive, reducing stress and going without.
Workers can be confident in wages
Getting paid quickly after a long shift lets a gig worker cover rent, transportation or groceries without waiting for funds to arrive.
Small businesses strengthen operations
A small business avoids cash-flow stress because payout timing and fees are transparent and predictable.
Real-time⁵ payment options made seamless
By tapping into Nuvei and Visa’s combined global infrastructure and reach, merchants can push the boundaries of what’s possible. A single, integrated payout platform can serve more consumers in more markets and in multiple currencies while improving cash flow, customer satisfaction and operational efficiency.¹
² Unlocking the future: banking on cross-border payment habits.” 17 June - 2 July, 2024. 13 countries: US, Canada, Brazil, Mexico, UK, France, Germany, Sweden, Australia, Hong Kong, Philippines, Singapore, UAE. All studies, surveys, research, and materials owned or commissioned by Visa shall not be used, reproduced, copied, or recirculated without the prior consent of Visa.
³ World Bank Group: Personal Remittances Received 2023.
⁴ Visa Economic Empowerment Institute, The power of choice: Options and trade-offs for digital remittances.
⁵ Actual fund availability depends on the receiving institution and region.