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Nuvei Obtains South African Merchant Payment Services License

1 reports1 sourcesupdated 4 days ago

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AI-assisted source synthesis · not an independent investigation.

On October 15, 2026, PYMNTS reported that payments company Nuvei had received authorization from the Payments Association of South Africa to provide local merchant payment services in South Africa. The authorization expands the coverage of Nuvei’s local acquiring infrastructure to 52 markets. Nuvei’s business in South Africa will serve international companies entering the region to operate, as well as South African companies seeking to expand their global operations; services include local acquiring, payment acceptance infrastructure, transaction data, and operational control. The report did not provide the effective date of the license or any other follow-up arrangements.

AI-written from reports · updated 4 days ago

Timeline

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Oct 15
  1. PYMNTS
    Nuvei obtains local merchant payment services license in South Africa, expanding local acquiring coverage to 52 markets

    Nuvei has been authorized by the Payments Association of South Africa to provide local merchant payment services in South Africa, increasing the number of markets covered by its local acquiring infrastructure to 52. Its South Africa business will serve international companies entering the region and South African companies expanding globally, covering local acquiring, payment acceptance infrastructure, transaction data, and operational controls.

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Current heat 3·Peak over the comparable range 10 (Oct 15 03:00)·Change over the comparable range in the last 24 hours -51%

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