Vesta Fraud Fighting Platform

When a merchant uses Vesta’s cloud-based Payment Guarantee service and experiences a chargeback, Vesta covers 100% of the transaction amount as well as any associated fees.

Nuvei Adds Card Issuing

In over half of the markets in which it operates, including the European Economic Area (EEA), Nuvei owns bank licenses and can make direct financial settlement with merchants.

Worldwide Card Acceptance Locations for Global Brands

Most micro merchants are counted along with other small merchants that are aggregated together by payment facilitators (payfacs) that serve these customers, accounting for an estimated 30 million acceptance locations worldwide.

Card Fraud Losses Worldwide

Gross card fraud is expressed in basis points (cents) per $100 in total volume. In 2022, it was 6.81¢ per $100 in total volume worldwide. The prior year, the figure was 6.61¢ per $100.

B2B Processing from Adflex

Adflex STP 3.0 enables virtual card payments and invoice information to be sent via an API call or a secure email directly from the enterprise resource planning system of the buyer.

Visa Direct for Used Cars

In the US, around 35 million used cars are purchased by dealers annually. Of those purchases, Carment estimates 2 million would benefit from an instant payout.