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Fiserv has acquired Australia-based PayFac Pinch Payments to strengthen its digital payments offerings and expand its merchant reach across the Asia Pacific region. Payments innovator Fiserv has acquired Australia-based payment facilitator (PayFac) Pinch Payments for an undisclosed amount.
With 355 million gamers contributing to an expected US$14 billion market in 2024, LatAm is emerging as a major growth region for global gaming companies, presenting considerable opportunities for Asia-Pacific (APAC) firms, according to Eduardo de Abreu, Vice President of Product at EBANX, a leader in localized payment solutions.
It follows the company’s introduction of direct card acquiring capabilities in Australia and its ongoing expansion in China. The company that it will continue to invest in building its presence across APAC. This marks a major step in Nuvei’s broader strategy to broaden its footprint across the Asia-Pacific area.
Nuvei, a fully licensed direct local acquirer in Singapore and Hong Kong, recently obtained a Major Payment Institution license in Singapore. The company’s modular payments platform connects clients with customers in over 200 markets, supporting 716 alternativepaymentmethods and offering acquiring in over 50 markets.
Businesses in Singapore are now benefiting from Nuvei’s cutting-edge, agile technology that’s built to accelerate their growth, as well as Nuvei’s global reach and expertise in local markets across Asia-Pacific (APAC). The post Nuvei Secures MPI License in Singapore to Accelerate APAC Expansion appeared first on Fintech Finance.
JCB International , Japan’s international payment brand, is expanding its global partnership with Nuvei Corporation , the Canadian fintech company, to include the Asia-Pacific (APAC) region. Nuvei also explained that the development is particularly significant for its customers in the APAC region.
Unlimit will provide VTEX’s merchants with more domestic and international payment services to support growing cross-border commerce. This will include processing payments in local currencies, via alternativepaymentmethods (APMs) Pix and Boleto, and a further 15 APMs in the coming months.
The appointment underscores Xceptor’s continued investment and penetration into the APAC region. He was most recently head of APAC at Duco. Paystand, a blockchain-enabled B2B payments company, has acquired Teampay, a spend management software. Vatic AI has named Dilip Krishnan as its new president and CEO.
Nium, the real-time cross-border payments company, has expanded its partnership with Thredd , the payments processor, to issue virtual cards in the APAC region. The partnership aims to deliver top-notch integrated commerce solutions and omni-channel payments technology to large enterprise merchants across retail and hospitality.
Nuvei Corporation (“Nuvei” or the “Company”), the Canadian fintech company, today announces an expansion in Asia-Pacific (APAC), having completed the acquisition of Paywiser Japan Limited, including its acquiring license granted by the Japanese Ministry of Economy, Trade and Industry.
As part of its European expansion strategy, Fabrick acquiredAlternativePayments Ltd in May 2023 to drive the development of new open payment solutions.
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