Nuvei Gets Approval to Operate in South Africa

Nuvei has received authorisation to operate in South Africa, allowing the payments company to provide payment processing and related financial services in the country.

The authorisation gives Nuvei access to the South African market and enables it to work with businesses that need payment acceptance and payouts.

Nuvei provides payment technology for online businesses. The company has not disclosed further details about the scope of the authorisation or when its South African operations will begin.