smart payment processing Nuvei Limited (Cyprus) is an electronic money institution authorized and regulated by the Central Bank of Cyprus. Nuvei is focused on smart payment processing. The company offers payment acceptance, payment processing, global acquiring, foreign exchange, banking as a service to business entities.
Payments designed to accelerate your business
Higher sales conversions
Reduced operational costs
More markets & payment methods
Greater flexibility & support
(*)as stated by the company itself
13 August 2024, by Anna Mileiko
TheBanks.eu has developed a proprietary methodology to assign ratings to payment institutions based on their operating environment, company background, business model, market niche, product range, transparency, customer support and customer sentiment. According to the methodology, Nuvei Limited is assigned the overall rating 3.28 (average) which is explained in details below.
| Operating Environment | Very Friendly | (4.26) |
| Product Range | Average | (2.67) |
| Market Niche | Average | (2.67) |
| Company Background | Average | (2.69) |
| Customer Support | Poor | (1.92) |
| Customer Sentiment | Excellent | (4.24) |
| Transparency | High | (3.91) |
| Overall Rating | Average | (3.28) |
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TheBanks.eu has also identified the following pros and cons of the company:
Nuvei offers issuance of the following card types:
Agent License. A private reseller agreement is signed between Nuvei and the company. Nuvei assists the company in obtaining agent license from the Central Bank of Cyprus.
Nuvei do not conduct operations with cryptocurrencies.
Cyprus
Nuvei Limited is authorized by the Central Bank of Cyprus as a e-money institution (license number 115.1.3.9) for issuance of electronic money, distribution and redemption of electronic money, execution of payment transactions on a payment account (not covered by a credit line), issuing payment instruments or acquiring payment transactions, money remittance; the authorization was granted on 19 July 2018.
Nuvei Limited is not a bank, it can't collect deposits from public or loan out its clients’ money. Hence, it does not have to participate in deposit guarantee schemes. However, Nuvei is required to safeguard its customers’ money.
Due to EEA passport rules Nuvei Limited, can conduct its activities in any of the 30 EEA member states.
Nuvei Limited is connected to Visa payment card scheme.
148 Strovolos Avenue, 2048, Nicosia, Cyprus
+357 220 294 70
EnglishNuvei has profiles on the following social networks:
Lithuania
ItalyLithuania
United Kingdom
United Kingdom
Ireland
