Nuvei Secures Local Acquiring Status in Canada
Nuvei has officially become a direct local acquirer in Canada—a significant development that enhances the country’s payments infrastructure and advances Nuvei’s global acquiring strategy.
This move enables Canadian merchants to benefit from faster, more reliable card processing and a more seamless customer experience. By eliminating intermediaries and processing transactions directly through Nuvei, businesses can increase sales conversions, reduce payment failures, and improve overall efficiency.
As part of this milestone, Nuvei now offers Canadian businesses:
- Higher approval rates via local processing and intelligent transaction routing
- Simplified payment operations with fewer intermediaries
- Support for all major card brands and real-time payouts
- Access to over 700 alternative payment methods and 150 currencies to support international growth
- Unified reporting, simplified reconciliation, and better interchange cost forecasting via Nuvei’s global platform
- Enhanced omnichannel capabilities for consistent experiences across online and in-store channels
- Improved payment performance and conversion rates
“This is a major step in our mission to build direct acquiring capabilities in every major market,” said Phil Fayer, Chair and CEO of Nuvei. “We’re proud to bring this advancement to Canada—where our story began. By combining local acquiring with our unified global platform, we empower merchants to achieve stronger performance through higher approval rates, predictable costs, and streamlined operations.”
Nuvei’s new status as a direct acquirer in Canada reinforces its commitment to delivering localized, intelligent payment infrastructure. This announcement strengthens its broader vision of enabling seamless payment experiences everywhere, helping Canadian businesses—and global clients—scale with confidence across industries including retail, digital goods, gaming, financial services, and marketplaces.
