Nuvei Introduces Off-Ramping Of Digital Assets To Cards Via Mastercard, Allowing Consumers In Europe To Convert Their Digital Assets, Including Cryptocurrencies, Into Traditional Fiat Currency Via Debit, Credit And Prepaid Cards

Author: Benzinga Newsdesk | July 11, 2024 09:05am

Consumers are able to seamlessly convert assets such as cryptocurrencies into fiat funds

MONTREAL and LONDON, July 11, 2024 /CNW/ -- Nuvei Corporation ("Nuvei" or the "Company") (NASDAQ:NVEI) (TSX:NVEI), the Canadian fintech company, announces today a partnership with Mastercard to launch a new off-ramping solution that enables consumers in Europe to seamlessly convert their Digital Assets, including cryptocurrencies, into traditional fiat currency via debit, credit and prepaid cards. This new functionality provides a bridge between digital and traditional finance that can be spent via Mastercard's global network. This off-ramping solution is integrated directly into Nuvei's modular payment platform, delivering a simple, secure user experience.

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