Nuvei strengthens its global footprint by obtaining a local payment processing license in South Africa, extending its acquiring infrastructure to 52 markets to support international growth.
Nuvei has successfully secured a license to provide local payment processing services in South Africa, marking a significant milestone in its global expansion strategy. This development directly supports the company's 'Every Payment Everywhere' initiative by extending its proprietary acquiring infrastructure to a total of 52 markets, thereby enhancing its ability to facilitate digital commerce in high-growth regions.
It allows Nuvei to provide local payment processing, which is a key component of its strategy to expand its acquiring infrastructure to 52 markets globally.
Following the expansion into South Africa, Nuvei's acquiring infrastructure now spans 52 markets.
Nuvei Corporation has secured a local payment processing license in South Africa, marking a significant milestone in its 'Every Payment Everywhere' growth strategy. This expansion bolsters the fintech firm's global acquiring infrastructure, now covering 52 markets worldwide.
The license allows Nuvei to provide local payment processing services in South Africa, enabling the company to better serve merchants in the region and expand its global infrastructure.