Nuvei launches comprehensive blockchain payment solution
Nuvei has launched a blockchain-based payment solution for merchants across Latin America through partnerships with Rain, BitGo, and Visa. The solution enables businesses to use stablecoins, including USD Coin (USDC), for faster global settlement and reduced reliance on traditional payment methods.
The integrated system allows LATAM merchants to make payments using stablecoins from a digital asset wallet anywhere Visa is accepted, offering benefits such as faster cross-border transactions, secure digital asset custody, reduced currency complexity, and improved operational liquidity.
This launch is part of Nuvei's broader expansion in LATAM, where the company has already established direct local acquiring in Colombia, implemented local acquiring services in Mexico, and acquired a Payment Institution license in Brazil.
Nuvei ha lanciato una soluzione di pagamento basata su blockchain per i commercianti in tutta l'America Latina attraverso partnership con Rain, BitGo e Visa. La soluzione consente alle aziende di utilizzare stablecoin, inclusa l'USD Coin (USDC), per un regolamento globale più veloce e una minore dipendenza dai metodi di pagamento tradizionali.
Il sistema integrato consente ai commercianti LATAM di effettuare pagamenti utilizzando stablecoin da un wallet di asset digitali ovunque venga accettata Visa, offrendo vantaggi come transazioni transfrontaliere più veloci, custodia sicura degli asset digitali, complessità valutaria ridotta e maggiore liquidità operativa.
Questo lancio fa parte dell'espansione più ampia di Nuvei in LATAM, dove l'azienda ha già stabilito acquisizioni locali dirette in Colombia, implementato servizi di acquisizione locale in Messico e ottenuto una licenza per Istituzione di Pagamento in Brasile.
Nuvei ha lanzado una solución de pago basada en blockchain para comerciantes en toda América Latina a través de asociaciones con Rain, BitGo y Visa. La solución permite a las empresas utilizar stablecoins, incluyendo el USD Coin (USDC), para una liquidación global más rápida y una menor dependencia de los métodos de pago tradicionales.
El sistema integrado permite a los comerciantes de LATAM realizar pagos utilizando stablecoins desde una billetera de activos digitales en cualquier lugar donde se acepte Visa, ofreciendo beneficios como transacciones transfronterizas más rápidas, custodia segura de activos digitales, reducción de la complejidad cambiaria y mejora de la liquidez operativa.
Este lanzamiento es parte de la expansión más amplia de Nuvei en LATAM, donde la compañía ya ha establecido adquisiciones locales directas en Colombia, implementado servicios de adquisición local en México y obtenido una licencia de Institución de Pago en Brasil.
Nuvei는 Rain, BitGo, Visa와의 파트너십을 통해 라틴 아메리카 전역의 상인을 위한 블록체인 기반 결제 솔루션을 출시했습니다. 이 솔루션은 기업이 안정적인 코인(USD Coin, USDC 포함)을 사용하여 더 빠른 글로벌 정산과 기존 결제 수단에 대한 의존도를 줄일 수 있게 합니다.
통합된 시스템은 LATAM 상인이 비자가 허용되는 장소에서 디지털 자산 지갑의 안정적인 코인을 사용하여 결제를 할 수 있게 하며, 더 빠른 국경 간 거래, 안전한 디지털 자산 관리, 화폐 복잡성 감소 및 운영 유동성 향상과 같은 이점을 제공합니다.
이번 출시는 Nuvei의 LATAM 내 광범위한 확장의 일환으로, 이미 콜롬비아에서 직접적인 현지 인수, 멕시코에서 현지 인수 서비스 구현, 브라질에서 결제 기관 라이선스 취득을 완료했습니다.
Nuvei a lancé une solution de paiement basée sur la blockchain pour les commerçants de toute l'Amérique latine grâce à des partenariats avec Rain, BitGo et Visa. La solution permet aux entreprises d'utiliser des stablecoins, y compris l'USD Coin (USDC), pour un règlement mondial plus rapide et une réduction de la dépendance aux méthodes de paiement traditionnelles.
Le système intégré permet aux commerçants de LATAM d'effectuer des paiements en utilisant des stablecoins depuis un portefeuille d'actifs numériques, partout où Visa est accepté, offrant des avantages tels que des transactions transfrontalières plus rapides, une garde d'actifs numériques sécurisée, une complexité monétaire réduite et une liquidité opérationnelle améliorée.
Ce lancement s'inscrit dans le cadre de l'expansion plus large de Nuvei en LATAM, où l'entreprise a déjà établi des acquisitions locales directes en Colombie, mis en œuvre des services d'acquisition locaux au Mexique et obtenu une licence d'institution de paiement au Brésil.
Nuvei hat eine blockchain-basierte Zahlungslösung für Händler in ganz Lateinamerika über Partnerschaften mit Rain, BitGo und Visa eingeführt. Die Lösung ermöglicht es Unternehmen, Stablecoins, einschließlich USD Coin (USDC), für schnellere globale Abwicklungen zu verwenden und die Abhängigkeit von traditionellen Zahlungsmethoden zu verringern.
Das integrierte System ermöglicht es LATAM-Händlern, Zahlungen mit Stablecoins aus einer digitalen Vermögensbörse überall dort zu tätigen, wo Visa akzeptiert wird, und bietet Vorteile wie schnellere grenzüberschreitende Transaktionen, sichere Verwahrung digitaler Vermögenswerte, reduzierte Währungscomplexität und verbesserte betriebliche Liquidität.
Dieser Launch ist Teil der umfassenderen Expansion von Nuvei in LATAM, wo das Unternehmen bereits direkte lokale Akquisitionen in Kolumbien etabliert, lokale Akquisitionsdienste in Mexiko umgesetzt und eine Zahlungsinstitutionenlizenz in Brasilien erworben hat.
- Launch of innovative blockchain payment solution expanding service offerings
- Strategic partnerships with Rain, BitGo, and Visa enhancing market reach
- Geographic expansion in LATAM with direct local acquiring capabilities in multiple countries
- New revenue stream potential through blockchain-based payment services
- None.
Insights
This blockchain payment solution launch represents a significant strategic expansion for Nuvei in the LATAM market. The partnership with established players like Visa, BitGo and Rain creates a robust infrastructure for B2B cross-border payments using stablecoins, particularly USDC. The solution addresses key pain points in international transactions, including speed, cost and currency complexity.
The integration leverages Visa's extensive merchant network while incorporating blockchain technology's benefits, creating a hybrid solution that could accelerate adoption. This positions Nuvei favorably in LATAM's rapidly growing eCommerce market, complementing their recent expansion moves in Colombia, Mexico and Brazil.
The solution's focus on stablecoins rather than volatile cryptocurrencies demonstrates a pragmatic approach to blockchain adoption in traditional finance. This could attract conservative institutional clients while maintaining innovation credentials. The partnership with BitGo adds important security credentials that should boost merchant confidence.
LATAM presents a significant opportunity for payment solutions providers due to its large unbanked population and growing digital commerce sector. The region's cross-border payment volumes are substantial, with businesses facing challenges in traditional banking infrastructure and currency volatility.
Nuvei's comprehensive approach, combining local acquiring licenses with innovative payment solutions, strengthens their competitive position against both traditional payment providers and fintech competitors. The stablecoin integration could provide a meaningful advantage in processing efficiency and cost reduction for merchants, particularly in countries with complex currency controls or high banking fees.
Businesses in LATAM can now use stablecoins to make faster cross-border B2B payments and settlements through Nuvei's partnership with Rain, BitGo, and Visa
By collaborating with Rain, BitGo, and Visa, Nuvei delivers a seamless and secure blockchain payment experience that empowers LATAM merchants to use their physical or virtual card supported by Visa to make payments using stablecoins from a digital asset wallet anywhere Visa is accepted. The solution benefits from Visa's wide acceptance and simplifies corporate treasury management, offering faster cross-border transactions, secure digital asset custody, reduced currency complexity, and improved operational liquidity.
"Nuvei empowers businesses to connect more deeply with their customers through innovative payments solutions," commented Nuvei Chair and CEO Philip Fayer. "By integrating stablecoin technology into our payment platform for B2B settlement we're ensuring our merchants continually receive unparalleled flexibility, security, and global reach."
Rain Co-founder and CEO Farooq Malik added: "Our innovative platform connects traditional financial rails with the digital asset ecosystem, providing frictionless transactions for B2B and stablecoin payments. This partnership with Nuvei represents a significant step in making blockchain-based payments more accessible and flexible for businesses in
Luis Ayala, Director at BitGo, commented: "As a leader in digital asset custody and infrastructure, we're excited to support Nuvei's expansion into blockchain payments. Our institutional-grade security and comprehensive digital asset services will help businesses in
This comprehensive blockchain-based payments offering sets a new standard for payment solutions in
About Rain
Rain develops and operates cutting edge digital asset authorization and settlement infrastructure in concert with its innovative payment card solutions. By connecting blockchain settlement with traditional financial systems like the Visa network, Rain drives adoption and utility for digital assets in enterprise and consumer use cases.
Rain offers an asset-agnostic settlement stack with support for stablecoin programs and is a principal member of the Visa network. The company was founded in 2021 and is backed by Lightspeed Venture Partners, Norwest, Coinbase Ventures, Circle Ventures and Uniswap Labs. For more information, visit www.raincards.com.
About BitGo
BitGo provides the most secure and scalable wallet solutions for the digital asset economy, offering regulated custody, staking and trading, and core infrastructure to investors and builders alike.
Founded in 2013, BitGo pioneered the multi-signature wallet and is the first digital asset company to focus exclusively on serving institutional clients. In 2018, it launched BitGo Trust Company, the first qualified custodian purpose-built for storing digital assets and established BitGo New York Trust in 2021. In 2022, BitGo launched institutional-grade staking, DeFi, NFT and Web3 services. BitGo secures approximately
BitGo is backed by Goldman Sachs, Craft Ventures, DRW, Galaxy Digital Ventures, Redpoint Ventures, and Valor Equity Partners. For more information, please visit http://www.bitgo.com
About Nuvei
Nuvei is the Canadian fintech company accelerating the business of clients around the world. Nuvei's modular, flexible and scalable technology allows leading companies to accept next-gen payments, offer all payout options and benefit from card issuing, banking, risk and fraud management services. Connecting businesses to their customers in more than 200 markets, with local acquiring in 50 markets, 150 currencies and 720 alternative payment methods, Nuvei provides the technology and insights for customers and partners to succeed locally and globally with one integration.
For more information, visit www.nuvei.com
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