Nuvei expands its settlement platform into North America.

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Nuvei has expanded its proprietary clearing and settlement infrastructure to include the United States and Canada, incorporating these regions into its broader global payment operations.

Unified Platform for Enhanced Transaction Insights

This expansion enables North American merchants to use the same platform that clients in other international markets operate on. The integration provides detailed transaction-level intelligence and real-time financial reporting, offering more accurate and timely reconciliation.

Some early adopters have reported significant time savings during their reconciliation processes, along with a reduction in manual intervention and the volume of inquiries needed.

Real-time Visibility and Unified Reporting

Through the Nuvei Control Panel, North American merchants can now access a unified platform that consolidates all clearing and settlement functions. This ensures consistency across payment types, currencies, and regions.

The system also introduces four financial reporting tools previously available only to other markets: Balance Reports, Settlement Summaries, Chargeback Reports, and Movement Reports. These tools enhance understanding of cash flow, chargeback management, and fee structures, improving audit trails and reconciliation workflows.

Moreover, the platform now supports full chargeback lifecycle management through direct card scheme connections. Merchants can upload documents, monitor dispute status, and interact with agents within the same system to expedite dispute resolution and reduce overhead costs associated with chargebacks.

Predictive AI for Cost Forecasting

Nuvei is piloting predictive AI-based fee modeling to help with cost forecasting and optimization. Additionally, automatic updates to reconciliation rules are designed to minimize manual financial adjustments.

Nuvei officials believe that aligning North American operations with its global infrastructure will better serve international businesses engaged in cross-border activities. This unified system is part of the company’s strategy to build a fully integrated global payments platform, as evidenced by recent regional investments like direct local acquiring in Canada and support for PINless debit and Least Cost Routing.

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