WEX and Nuvei announce Virtual Card…
💳 Nuvei and WEX have partnered to integrate WEX’s virtual card technology into Nuvei's global merchant network, benefiting travel merchants and marketplaces like OTAs, airlines, and hospitality brands. This move allows merchants to fund supplier payments from incoming settlement flows, reducing reliance on credit lines. Phil Fayer, Nuvei's CEO, states this partnership enhances cash flow and reduces costs. Jason Hancock of WEX highlights improved efficiency and trust in travel payments.
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