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INTERNET | Internet Software & Services / Payments
fasterpayments.org.uk

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Founded Year

2008

Stage

Corporate Minority | Alive

Mosaic Score

+10 points in the past 30 days

What is a Mosaic Score?
The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.

About Faster Payments

Faster Payments enables mobile, internet, telephone and standing order payments to move quickly and securely, almost at the touch of a button, 24 hours a day.

Faster Payments Headquarter Location

2 Thomas More Square

London, England, E1W 1YN,

United Kingdom

+44 020 3217 8200

Latest Faster Payments News

Nuvei Corp. Teams Up with Visa to Offer US Customers Access to Faster Payments via Visa Direct

Oct 12, 2021

Nuvei Corporation (Nasdaq and TSX: NVEI ), the international payment tech partner of major brands, reveals that it’s teaming up with Visa, the leader in virtual payments, in order to offer Nuvei’s US customers with access to quick payouts via implementation of Visa Direct, which is Visa’s real-time push payments platform. Initially offered in Europe, this option will aim to improve Nuvei ’s payout capabilities in the U.S. and help create “a more efficient, secure and seamless payments experience for its merchant clients across virtually any industry.” With Visa Direct, Nuvei’s customers may offer quicker payout capabilities to their clients, with transfers routed and processed in “near real time.” The expansion of Nuvei’s product offering with Visa Direct to the U.S. marks a key milestone as part of the firm’s mission to “deliver the latest payment innovations at a global level.” “The introduction of Visa Direct to our U.S. merchant clients further strengthens our constantly evolving payout options,” stated Philip Fayer, Nuvei’s Chair and CEO. Fayer added: “As consumers are looking for faster, simpler and more connected experiences, it is crucial that we provide solutions that best address their needs. An important part of this is supporting payments in real time, delivering a truly frictionless payment journey.” “Our collaboration with Nuvei in Europe is already helping its customers realize the benefits of fast and secure digital payout capabilities via Visa Direct,” noted Ruben Salazar, SVP and global head of Visa Direct. Salazar also mentioned: “We are excited to partner with Nuvei in the U.S. so their clients can use Visa Direct to help them digitize paper-based, inefficient processes.” As noted in a release, Nuvei serves as the the global payment technology partner of leading brands. They aim to offer the intelligence and appropriate tech solutions that businesses require to operate effectively on a domestic and global level, “through one integration – propelling them further, faster.” The company also noted that they unite payment technology and consulting, so that they can “help businesses remove payment barriers, optimize operating costs and increase acceptance rates.” Their proprietary platform “provides seamless pay-in and payout capabilities, connecting merchants with their customers in over 200 markets worldwide, with local acquiring in 45 markets.” With support for 500+ local and alternative payment methods, almost 150 currencies and 40 cryptocurrencies, merchants can “capture every payment opportunity that comes their way.” The firm adds that its purpose is “to make our world a local marketplace.” Sponsored Links by DQ Promote

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Research containing Faster Payments

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Faster Payments in 1 CB Insights research brief, most recently on Feb 11, 2021.

Expert Collections containing Faster Payments

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Faster Payments is included in 2 Expert Collections, including Payments.

P

Payments

1,618 items

Companies and startups in this collection enable consumers, businesses, and governments to pay each other - online and at the physical point-of-sale.

F

Fintech

19,054 items

Excludes US-based companies

Faster Payments Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
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Faster Payments Rank

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