Nuvei has incorporated Visa Direct for Account into its worldwide payments platform, a move that lets businesses transfer funds to the bank accounts of consumers and workers directly in eligible nations.

This addition is said to broaden Nuvei’s existing suite of fast payout tools, supporting businesses in offering customers immediate access to funds across international markets.

Nuvei claims to be among the first worldwide payment processors to offer both Visa Direct for Account and Visa Direct for Card, bolstering its partnership with Visa in delivering quicker cross-border payments.

Previous alliances between the two firms include early adoption of Visa Direct for Card in Colombia and involvement with Visa’s Agentic Commerce initiatives.

The newly introduced capability operates on Visa’s network and complements Nuvei’s Visa Direct for Card payout service.

Nuvei noted that with one integration, companies can facilitate account-based payments in several currencies, along with faster access to funds for suitable card transactions.

This is intended to improve cash flow management, customer experience, and business efficiency.

Visa Direct global head Vira Platanova said: “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.”

Nuvei states that integrating Visa Direct for Account offers “significant operational and financial” benefits.

Companies can use the combined infrastructure of Nuvei and Visa to reach more customers globally with prompt account-based transfers.

The solution also aims to cut costs tied to currency exchange and transfer fees compared to standard methods, while consolidating treasury operations on a unified platform.

A range of applications is supported, such as payments for gig workers, remittances, insurance settlements, marketplace payouts, digital goods disbursements, and loan releases.

Through Nuvei’s system, businesses will be able to issue payments in local currencies to destinations through a secure connection.

The initial launch will take place in Europe, with broader geographic coverage and additional features expected by 2026.

Nuvei CEO and chair Phil Fayer said: “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.”