{"id":558943,"date":"2024-06-04T08:18:51","date_gmt":"2024-06-04T07:18:51","guid":{"rendered":"https:\/\/ibsintelligence.com\/?post_type=ibsi_news&p=558943"},"modified":"2024-06-04T08:18:51","modified_gmt":"2024-06-04T07:18:51","slug":"nuvei-partners-with-visa-to-offer-visa-direct-in-colombia","status":"publish","type":"ibsi_news","link":"https:\/\/ibsintelligence.com\/ibsi-news\/nuvei-partners-with-visa-to-offer-visa-direct-in-colombia\/","title":{"rendered":"Nuvei partners with Visa to offer Visa Direct in Colombia"},"content":{"rendered":"

\"Nuvei\"Nuvei Corporation, the Canadian FinTech company, has partnered with Visa<\/a>, a world leader in digital payments, to offer Visa Direct in Colombia.<\/p>\n

Visa Direct is a VisaNet processing capability that allows safe, convenient, near real-time funds delivery directly to financial accounts using card credentials. Visa Direct clients use the capability to enable use cases such as person-to-person (P2P) payments, funds disbursements, bill pay, or cross-border remittances directly to an eligible debit or prepaid card.<\/p>\n

“Offering instant payouts through Visa Direct supports our strategy of providing best-in-class payment solutions tailored to the needs of each market we serve,” said Philip Fayer<\/strong>, Nuvei’s Chair and CEO<\/strong>. “Colombia\u00a0is one of the fastest-growing eCommerce markets in\u00a0Latin America, and we’re proud to deliver innovative ways for our customers to optimize their payment flows, enhance user experiences, and operate with maximum efficiency.”<\/p>\n

Visa Direct is available to Colombian merchants directly through their existing single integration to Nuvei’s full stack modular payments technology platform. With Visa Direct, Nuvei merchants are able to provide instant payout capabilities to their customers, with transactions routed and processed in near real-time. Instant payouts to cards enable businesses to offer a faster, secure, and seamless payment experience for customers across virtually any industry that is reliant on payouts.<\/p>\n

Partnering with Visa to offer Visa Direct continues Nuvei’s first-mover advantage in rolling out industry-leading payment solutions in\u00a0Colombia. Nuvei recently announced that it was\u00a0the first global payments provider to offer direct local acquiring\u00a0in the country, enabling online businesses to accept card payments from their customers without relying on intermediaries or third-party payment processors.<\/p>\n

Visa Direct is already available to Nuvei’s partner merchants in over 30 countries in\u00a0Europe\u00a0including the UK, as well as the U.S. and\u00a0Canada\u00a0in\u00a0North America\u00a0and\u00a0Hong Kong\u00a0and\u00a0Singapore\u00a0in APAC. Enabling Visa Direct access to businesses in\u00a0Colombia\u00a0is the latest extension of the global strategic partnership between Nuvei and Visa.<\/p>\n

“Our collaboration with\u00a0Nuvei is already enabling businesses in\u00a0North America\u00a0and\u00a0Europe\u00a0to harness the benefits of faster, safer, digital payouts to cards. We’re excited to be extending this partnership to\u00a0Colombia so that even more merchants can offer an industry leading payments experience to their customers,” said Humberto Guihur, Product and Innovation VP for Visa Andean Region<\/strong>.<\/p>\n","protected":false},"author":35778,"featured_media":533792,"parent":0,"template":"","categories":[11384],"tags":[31509,28824,21391,37594,25295,13646,15154,19320,45326],"class_list":["post-558943","ibsi_news","type-ibsi_news","status-publish","has-post-thumbnail","hentry","category-payments","tag-digital-payouts","tag-financial-accounts","tag-fintech-news","tag-fintech-us","tag-instant-payouts","tag-merchants","tag-nuvei","tag-p2p-payments","tag-third-party-payment"],"acf":[],"yoast_head":"\nNuvei partners with Visa to offer Visa Direct in Colombia<\/title>\n<meta name=\"description\" content=\"Nuvei Corporation, the Canadian fintech company, has partnered with Visa, a world leader in digital payments, to offer Visa Direct in Colombia\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ibsintelligence.com\/ibsi-news\/nuvei-partners-with-visa-to-offer-visa-direct-in-colombia\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Nuvei partners with Visa to offer Visa Direct in Colombia\" \/>\n<meta property=\"og:description\" content=\"IBS Intelligence (IBSi) is the world\u2019s only pure-play Financial Technology focused research, advisory, and fintech news analysis firm, with a 30-year track record and clients globally. 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