Integration of Visa Direct Strengthens Nuvei’s Payment Offering in Colombia
Visa Direct integration strengthens Nuvei payment offering in Colombia
By: Tareq Sikder
- This collaboration enables real-time fund transfer using card details.
- This partnership will enable more than 30 countries to access Global Visa Direct.
Nuvei Corporation is the Canadian fintech company Nuvei Corporation Visa, an industry leader in digital payments, announced its collaboration to launch Visa Direct in Colombia. Nuvei is the first global payment system. Visa Direct is now available to all customers in the country.
Transfer funds to a bank account
Visa Direct is a feature of VisaNet processing. Secure and near-instant transfer of funds to bank accounts using card details. This feature is available for various users. Applications such as bill payments, cash withdrawals, and person-to-person payments.Payments Directly to eligible debit or prepaid cards, or cards for cross-border transfers.
Philip Fayer is Chairman and CEO of Nuvei. Source: LinkedIn
Colombian merchants can now access Visa Direct through Nuvei’s modular payments technology platform. By leveraging Visa Nuvei, merchants can offer instant payouts to their customers. Transactions are processed in near real time.
Instant card payouts are a powerful tool. Businesses can offer a faster, safer and smoother payment experience. Payouts are a necessity in many industries.
Visa Direct supports instant payments. Our strategy is to offer the best payment solutions tailored to your needs. Philip Fayer, CEO and Chairman of the Board of Nuvei, commented.
“Colombia has one of the fastest growing eCommerce markets in Latin America.” We are proud of our innovative solutions for our customers. Optimize your payment flow, improve user experience and work with maximum efficiency”
Integrate payments to expand payment options
Visa Direct is a partnership between Visa and Visa that underlines the importance of this partnership. Nuvei is a pioneer in the introduction of cutting-edge payment systems in Colombia. Nuvei is the first global payment provider. Offer direct local acquisitions to online businesses in the country. Accept card payments without relying on intermediaries or third-party payment processors.
Nuvei partners can already use Visa Direct. Merchants in more than 30 European countries, including the UK, as well as North America, Hong Kong, Singapore and the APAC region of the Americas (US and Canada) are also included. This is the latest in a series of initiatives to expand Visa Direct access for Colombian companies. Nuvei and Visa expand their global strategic partnership.
Forex technical analyst and financial writer with 12 years of experience.
