Payments firm Nuvei has integrated Visa Direct for Account into its global payments platform, enabling businesses to send funds directly to consumers’ and workers’ bank accounts in eligible countries.
The update expands Nuvei’s real-time payout options, giving merchants faster and more reliable access to global money transfers.
The company is among the first global acquirers to offer Visa Direct for Account alongside Visa Direct for Card, enabling faster global money movement.
Earlier collaborations include being an early acquirer for Visa Direct for Card in markets such as Colombia and supporting Visa’s Agentic Commerce initiatives.
With a single integration, merchants can offer account-based payouts in multiple currencies.
For eligible card transactions, funds can be made available more quickly to improve cash flow, customer satisfaction, and operational efficiency.
“Consumers everywhere expect instant access to their money, whether it is a payout, refund, or remittance.
By expanding our Visa Direct offering, we’re empowering merchants to meet those expectations with faster, more convenient, and more reliable payouts that enhance everyday financial experiences.”
said Phil Fayer, Chair and CEO of Nuvei.
“Meaningful progress in payouts comes from ecosystem collaboration.
Expanding our integration with Nuvei’s platform means we are able to help more businesses reach payees with capabilities built for scale, compliance, and operational simplicity.”
said Vira Platonova, Global Head of Visa Direct.
The combined infrastructure of Nuvei and Visa enables account-based payouts through a single integrated platform.
It helps businesses reduce transfer and foreign exchange costs compared to traditional methods while simplifying treasury operations.
The solution supports multiple use cases, including gig worker payments, insurance claims, loan disbursements, remittances, marketplace settlements, and digital goods payouts.
Visa Direct currently connects to more than 11+ billion endpoints globally across cards, accounts, and digital wallets.
In 2024 alone, Visa processed over 10 billion Visa Direct transactions, up from 1.6 billion in 2019.
The rollout will begin in Europe, with additional regions and capabilities planned for 2026.
Featured image: Edited by Fintech News Singapore, based on image by mkmult via Freepik
