Nuvei launches card issuing solution in 30 European markets

<img width="250" height="141" src="https://www.leaprate.com/wp-content/uploads/2023/10/FIN-LR-Waystone-iStock-1445947603-250×141.jpg" class="webfeedsFeaturedVisual wp-post-image" alt="" decoding="async" style="float: left; margin-right: 5px;" link_thumbnail="" srcset="https://www.leaprate.com/wp-content/uploads/2023/10/FIN-LR-Waystone-iStock-1445947603-250×141.jpg 250w, https://www.leaprate.com/wp-content/uploads/2023/10/FIN-LR-Waystone-iStock-1445947603-700×394.jpg 700w, https://www.leaprate.com/wp-content/uploads/2023/10/FIN-LR-Waystone-iStock-1445947603-768×432.jpg 768w, https://www.leaprate.com/wp-content/uploads/2023/10/FIN-LR-Waystone-iStock-1445947603-120×67.jpg 120w, https://www.leaprate.com/wp-content/uploads/2023/10/FIN-LR-Waystone-iStock-1445947603-245×138.jpg 245w, https://www.leaprate.com/wp-content/uploads/2023/10/FIN-LR-Waystone-iStock-1445947603-500×281.jpg 500w, https://www.leaprate.com/wp-content/uploads/2023/10/FIN-LR-Waystone-iStock-1445947603.jpg 1366w" sizes="(max-width: 250px) 100vw, 250px" /><p><a href="https://www.leaprate.com/payments/nuvei-expands-operations-in-australia-with-full-suite-of-payments-solutions/" target="_blank" rel="noopener">Nuvei</a> CEO Phillip Fayer said he was committed to “finding new ways” to unlock the potential of its growing client base, while also making its own offerings more appealing to a wider audience. The new card issuing solution will operate as an additional module on Nuvei’s cutting-edge tech platform.</p>
<div><img aria-describedby="caption-attachment-451332" decoding="async" class="wp-image-451332" src="https://www.leaprate.com/wp-content/uploads/2023/11/FIN-LP-Nuvei-launches-card-issuing-solution-in-30-European-markets-5599622932.jpg" alt="" width="98" height="98" srcset="https://www.leaprate.com/wp-content/uploads/2023/11/FIN-LP-Nuvei-launches-card-issuing-solution-in-30-European-markets-5599622932.jpg 583w, https://www.leaprate.com/wp-content/uploads/2023/11/FIN-LP-Nuvei-launches-card-issuing-solution-in-30-European-markets-5599622932-250×250.jpg 250w, https://www.leaprate.com/wp-content/uploads/2023/11/FIN-LP-Nuvei-launches-card-issuing-solution-in-30-European-markets-5599622932-150×150.jpg 150w, https://www.leaprate.com/wp-content/uploads/2023/11/FIN-LP-Nuvei-launches-card-issuing-solution-in-30-European-markets-5599622932-120×120.jpg 120w, https://www.leaprate.com/wp-content/uploads/2023/11/FIN-LP-Nuvei-launches-card-issuing-solution-in-30-European-markets-5599622932-245×245.jpg 245w, https://www.leaprate.com/wp-content/uploads/2023/11/FIN-LP-Nuvei-launches-card-issuing-solution-in-30-European-markets-5599622932-500×500.jpg 500w" sizes="(max-width: 98px) 100vw, 98px" /><p>Phillip Fayer Source: LinkedIn</p></div>
<p>Fayer added:</p>
<blockquote><p>This solution has practical applications for our clients, benefiting their customers by improving their own working capital and simplifying their back-office processing.</p></blockquote>
<p>One standout benefit for clients is the arrival of virtual white-labelled cards, which can be distributed to in-house employees, as well as third-party contractors and customers. Nuvei’s new solution will also support a number of important financial activities for clients. These include same-day funding, improved authorisation rates and seamless payouts.</p>
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<p>Nuvei’s new services are targeted at clients in sectors like gaming, where payment cards and loyalty programs are critical to long-term success. While the offering is currently limited to the European Economic Area, there are plans for a wider rollout next year. Nuvei says it wants to bring the card issuing solution to the UK, US and Latin America before the end of 2024. The company already provides payment services to B2B clients in 200 markets and across 150 different currencies.</p>
<p>The post <a rel="nofollow" href="https://www.leaprate.com/news/nuvei-launches-card-issuing-solution-in-30-european-markets/">Nuvei launches card issuing solution in 30 European markets</a> appeared first on <a rel="nofollow" href="https://www.leaprate.com">LeapRate</a>.</p>