Nuvei Adds South Africa to Local Acquiring Footprint, but…
By Rick Steves
Source excerpt · FinanceFeeds
Nuvei says it has received “authorization” to offer local merchant payment services in South Africa, expanding its local acquiring reach to 52 markets. Its announcement credits the Payments Association of South Africa, or PASA, while the headline uses the word “license.” The South African Reserve Bank says licensing, authorisation and registration of payment institutions moved to the SARB effectiv…