New partnership to help enable faster, more efficient supplier payments while unlocking new revenue opportunities for travel merchants. MONTREAL, Jan. 27, 2026 /PRNewswire/ -- Nuvei today announced a partnership with ®WEX (NYSE: WEX), a global leader in virtual payment solutions, to bring WEX's virtual card technology to Nuvei's global merchant network. Through the partnership, travel merchants integrated into Nuvei's network can benefit from improved cash flows, stronger liquidity, reduced credit dependenc ...

Core Insights - Nuvei and FreedomPay have partnered to provide a unified payments solution for enterprise merchants, integrating in-store and digital commerce on a secure platform [1][2][3] Group 1: Partnership Overview - The collaboration aims to support omnichannel transformations for leading brands by offering flexible payment systems that connect physical and digital commerce experiences [2][5] - The integration of FreedomPay's Next Level Commerce™ platform with Nuvei's scalable payments infrastructure allows merchants to create frictionless and secure checkout experiences [2][4] Group 2: Benefits for Merchants - Enterprise merchants will be empowered to enhance customer experiences across various touchpoints, ensuring transactions remain connected through unified tokenization and data insights [3][5] - The partnership enables merchants to innovate, launch new commerce formats, and expand into new channels without the need to rebuild existing technology [4][5] Group 3: Security and Reliability - FreedomPay is recognized for its high standards in payment security, being one of the first solutions in North America validated by the PCI Security Standards Council for P2PE [7] - The unified technology stack and integrated solutions provided by FreedomPay ensure that businesses can maintain operational security and visibility without added complexity [5][7] Group 4: Company Profiles - FreedomPay is a leader in Next Level Commerce™, providing a world-class independent payment gateway that simplifies payment processes across various sectors including retail and hospitality [6][8] - Nuvei focuses on building a comprehensive payment infrastructure, enabling businesses to accept diverse payment methods and operate in over 200 markets with local acquiring in 50 markets [8]

Core Insights - Nuvei has received approval to operate under the European Union's new regulatory framework for cryptocurrency, allowing it to offer regulated crypto-asset services throughout the EU [2][4] - The approval includes a Crypto-Asset Service Provider (CASP) license and a Payment Institution license, enabling Nuvei to support crypto-asset, electronic money tokens (EMTs), and fiat-based payment and settlement flows through a unified platform [2][4] Group 1 - The CASP license allows Nuvei to provide services such as crypto storage, administration, transfers, and the exchange of crypto assets into funds, integrated into its global payments infrastructure [3] - This regulatory framework facilitates easier deployment of crypto-enabled payment and settlement capabilities for merchants and platforms across multiple European markets [2] - Nuvei's CEO emphasized that this authorization is a significant milestone in the integration of payments and digital assets, enhancing customer confidence in moving value across different payment systems [4] Group 2 - The emergence of stablecoins is highlighted as a critical layer for B2B transactions, with recent regulations in the U.S. and EU shaping the blockchain infrastructure [5] - There are misconceptions regarding stablecoins, particularly the belief that they can resolve all issues related to cross-border payments, which may not always be the case [6] - The focus should be on identifying where stablecoins can outperform traditional payment systems rather than merely following trends [7]

Core Insights - Nuvei has received a Crypto-Asset Service Provider (CASP) license under the EU's Markets in Crypto-Assets Regulation (MiCAR), allowing it to operate within a harmonized regulatory framework for crypto assets across the European Union [1][2]. Group 1: Regulatory Framework - The MiCAR license enables Nuvei to provide regulated crypto-asset services and to passport these services across EU member states under a single regulatory regime, simplifying expansion for merchants and platforms [2][4]. - Nuvei can offer services such as cryptocurrency storage, administration, transfers, and the exchange of crypto-assets into funds, integrated into its global payments infrastructure [3][4]. Group 2: Business Impact - The authorization allows Nuvei to support both business clients and retail consumers, providing accessible crypto services for retail users and efficient settlement solutions for business customers [5]. - The combined capabilities of the MiCAR and Payment Institution licenses enable Nuvei to facilitate crypto-asset, electronic money tokens (EMT), and fiat-based payment flows through a unified platform [4][5]. Group 3: Company Overview - Nuvei is focused on building infrastructure for payments globally, offering modular and scalable technology that supports next-generation payments, card issuing, banking, risk, and fraud management services [6]. - The company connects businesses to customers in over 200 markets, with local acquiring in 50 markets, 150 currencies, and more than 720 alternative payment methods [6].

Core Insights - Nuvei has received a Crypto-Asset Service Provider (CASP) license under the EU's Markets in Crypto-Assets Regulation (MiCAR), positioning it among the first companies to operate under this new regulatory framework for crypto assets [1][2] Group 1: Regulatory Framework - The MiCAR license allows Nuvei to provide regulated crypto-asset services across the European Union and to passport these services across EU member states under a single regulatory regime, simplifying expansion for merchants and platforms [2][4] - This authorization brings much-needed regulatory clarity to Europe, enabling Nuvei to assist customers in moving value across crypto and traditional payment systems with confidence and scale [4] Group 2: Service Offerings - Under the MiCAR license, Nuvei can offer services such as cryptocurrency storage, administration, transfers, and the exchange of crypto-assets into funds, integrated into its global payments infrastructure [3][4] - Nuvei has also obtained a Payment Institution license, allowing it to support electronic money tokens (EMTs), thereby enabling a unified platform for crypto-asset, EMT, and fiat-based payment and settlement flows [4] Group 3: Customer Benefits - The combined capabilities of these licenses will serve both business clients and retail consumers, providing retail users with accessible crypto services and business customers with solutions for efficient settlements and transparent, blockchain-based fund movement [5] - This integration into broader payment, payout, and treasury workflows enhances the overall efficiency and transparency of transactions for customers [5] Group 4: Company Overview - Nuvei is focused on building infrastructure for payments globally, offering modular and scalable technology that supports next-generation payments, card issuing, banking, risk, and fraud management services [6] - The company connects businesses to customers in over 200 markets, with local acquiring in 50 markets, 150 currencies, and more than 720 alternative payment methods [6]

Core Insights - Nuvei has enhanced its global processing capabilities to support 10,000 transactions per second and over $1 trillion in annual payment volume [1] - The expansion of these capabilities is attributed to a strategic partnership with Microsoft, allowing Nuvei's payment processing APIs to operate on Microsoft Azure and utilize Azure AI for real-time transaction optimization [2] Technology and Infrastructure - Migrating core services to Azure provides Nuvei with improved elasticity, faster performance, consistent global reliability, and reduced dependence on third-party technologies [3] - The new architecture facilitates future enhancements and ongoing improvements in resilience and optimization [3] - The use of Microsoft Azure enables an AI-native foundation that adapts in real time, optimizing global transactions while meeting regional data-residency requirements [4] Security and Connectivity - Nuvei is utilizing Azure for private connectivity through Azure ExpressRoute, network protection via Azure Firewall, and security measures through Azure Defender for Cloud and Azure Application Gateway with Web Application Firewall [5] Market Position and Developments - Microsoft Azure's AI-ready infrastructure complements Nuvei's enterprise payments expertise, positioning the company to deliver resilient and optimized payment experiences for global commerce [6] - In November, Nuvei announced its capability to process merchant transactions via Wero, a digital wallet for instant account-to-account payments across Europe, and the integration of Visa Direct for Account into its global payments platform [7]

Core Insights - Nuvei has initiated processing merchant transactions through Wero, a digital wallet from the European Payment Initiative (EPI) that facilitates instant account-to-account payments across Europe [1][5] - CamperDays, an online campervan rental platform, is one of the first eCommerce merchants to accept Wero in its online checkout via Nuvei [2][3] Company Developments - The integration of Wero as a payment option allows customers of CamperDays to make fast and trusted payments directly from their bank accounts, enhancing the booking experience [3][5] - Nuvei was among the first payment processors to complete a Wero transaction in a testing environment and is now one of the first to process merchant transactions [5][6] Industry Impact - Wero has over 46 million users in Europe and has facilitated over 100 million peer-to-peer transactions valued at over €5 billion (approximately $5.8 billion) [4] - The launch of Wero in eCommerce checkouts is seen as a significant milestone for European payments, providing a cost-efficient alternative to traditional card payments for merchants [5][6]

Group 1 - Volkswagen Brazil has partnered with Nuvei to implement a customized payment infrastructure for subscription-based connectivity services in its vehicles [2][3] - The solution will facilitate recurring payments for connected car services and telecom data packages through an integrated app in Volkswagen's multimedia system [2][3] - Nuvei's global reach is expected to allow Volkswagen to scale this payment solution across additional markets, enhancing customer relationships through seamless payment experiences [3] Group 2 - Embedded finance solutions, like those provided by Nuvei, enable merchants to facilitate purchases without leaving digital platforms, reducing friction and potentially increasing sales [4][5] - The North Carolina Turnpike Authority has launched a pilot program with Volvo and Mastercard for in-vehicle toll payments, indicating a trend towards embedded vehicle commerce [6] - Sheeva.AI has introduced in-vehicle payment technology in Citroën vehicles in India, allowing fuel payments at numerous stations through the automaker's mobile app [7]

Core Insights - The integration of Zuora's monetization platform with Nuvei's global payment solutions enhances the ability to support enterprise recurring revenue on a global scale [2] - This partnership aims to improve authorization rates, streamline reconciliation, and facilitate market expansion for international enterprises [3] Company Developments - Nuvei's integration with Zuora reflects its capability to support complex, high-volume businesses, particularly in growth markets like Latin America [4] - Zuora's vice president highlighted that the integration empowers enterprises to scale subscription and hybrid offerings with necessary agility and compliance [5] Market Trends - The subscription economy is maturing, with companies needing to balance choice and simplicity to succeed [5] - Consumer preferences are shifting towards flexible payment models rather than ownership of physical products [6] Product Features - The all-in-one platform allows for comprehensive management of stock, payments, invoicing, and accounts receivable/accounts payable [7]

Core Insights - Nuvei has partnered with Chow Sang Sang Holdings International Limited to enhance its global payment capabilities as the jeweler expands into North America [1][3] - The partnership aims to support Chow Sang Sang's digital payments transformation and omnichannel strategy, providing seamless and localized payment experiences [3][4] - The global online jewelry market is projected to grow significantly, with sales expected to rise from $105.6 billion in 2024 to $166 billion by 2029, reflecting a 16% CAGR [3] Company Developments - Nuvei has obtained a Money Services Operator (MSO) license in Hong Kong, allowing it to offer local acquiring and settlement services [2] - The company is expanding its presence in the APAC region, including Greater China, Japan, Singapore, and Australia [2] - Nuvei's technology supports over 200 markets, with local acquiring in 50 markets, 150 currencies, and 720 alternative payment methods [6] Market Trends - The U.S. e-commerce jewelry sales are projected to increase from $22.5 billion to $37.9 billion from 2024 to 2029, more than tripling since 2017 [3] - Luxury brands are increasingly seeking sophisticated payment partners to enhance their global e-commerce capabilities [4] - Chow Sang Sang operates over 900 stores across Mainland China, Hong Kong, Macau, and Taiwan, offering a diverse portfolio of brands [4][5]