Nuvei Integrates Mastercard Send for Quicker Payouts in APAC

Mastercard and Nuvei have teamed up to incorporate Mastercard Send into Nuvei’s payment infrastructure, facilitating quicker payouts for its clients while ensuring secure transactions. This integration does not require any additional development work from users.

This upgrade will significantly benefit online trading platforms and investors in the Asian-Pacific region, with services set to expand to Hong Kong and Australia later this year.

Philip Fayer, Nuvei’s Chair and CEO, commented, “Trading platforms rely on fast, secure deposits and payouts to optimize user experience. Partnering with Mastercard Send allows us to offer an instant payout method that will attract new traders and drive revenue growth.”

The Growing Demand for Faster Payments

Consumers and businesses increasingly seek faster, safer, and more convenient payment experiences. Traditional methods are failing to meet these needs, prompting customers to explore alternative solutions.

Real-time payments have gained significant traction in the U.S. over the past five years and continue to expand into other regions. These payments are particularly useful for peer-to-peer transactions and business-to-business invoicing.

Around 2027, real-time payments are projected to account for approximately 12% of all payments in the APAC region, compared to just 5% in North America.

As a result, payment providers must offer real-time services to stay competitive. Those who fail to do so risk falling behind as customers increasingly demand instant and seamless transactions.