Nuvei and WEX Partner to Expand Virtual Card Payments for the Global Travel Industry

Rhea-AI Summary

Nuvei and WEX (NYSE: WEX) announced a strategic partnership on January 27, 2026 to integrate WEX's virtual card technology into Nuvei's global merchant network. The integration targets travel merchants and marketplaces—OTAs, airlines, and hospitality brands—aiming to streamline supplier payments by automating virtual card issuance, improving cash flow and liquidity, reducing credit reliance, and increasing payment transparency and control across pay-in and pay-out flows.

The collaboration intends to connect consumer payments and supplier settlements into a unified payment flow to speed payments and enhance operational visibility for acquirers and suppliers.

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New partnership to help enable faster, more efficient supplier payments while unlocking new revenue opportunities for travel merchants. 

MONTREAL, Jan. 27, 2026 /PRNewswire/ -- Nuvei today announced a partnership with WEX^® (NYSE: WEX), a global leader in virtual payment solutions, to bring WEX's virtual card technology to Nuvei's global merchant network. Through the partnership, travel merchants integrated into Nuvei's network can benefit from improved cash flows, stronger liquidity, reduced credit dependency, and increased transparency across the pay-in and pay-out process.

The integration enables travel merchants and marketplaces, including online travel agencies (OTAs), airlines, and hospitality brands, to manage multiple supplier relationships more efficiently through secure virtual card payments. Virtual cards streamline supplier payments by automating issuance and adding built-in controls, giving merchants a faster and more secure way to move funds.

With credit tightening across global markets, access to working capital is becoming an increasing challenge for travel merchants. This partnership enables merchants to fund supplier payments directly from incoming settlement flows, reducing reliance on credit lines because liquidity comes from their own receivables.

"Our partnership with WEX further strengthens Nuvei's position as the payments infrastructure partner of choice for the travel industry," said Phil Fayer, Chair and CEO, Nuvei. "Together we're helping travel businesses improve cash flow, reduce costs, and simplify how they pay suppliers around the world."

For suppliers and travel merchants, the integration can mean greater reliability and faster payments. For acquirers it delivers enhanced visibility into payment flow, helping to strengthen operational oversight. Together, Nuvei and WEX are helping redefine how travel businesses move money – connecting consumer payments and supplier settlements into a unified, intelligent payment flow that strengthens relationships and financial control.

"Virtual cards have become a great tool for travel agencies managing complex supplier networks," said Jason Hancock, Managing Director of Global Travel at WEX. "By combining WEX's global virtual card infrastructure and travel payment expertise with Nuvei's global acquiring network, we're enabling agencies and suppliers to move funds faster and with greater confidence, helping to strengthen efficiency and trust across the travel payments ecosystem."

About Nuvei  

Nuvei is building the infrastructure for every payment, everywhere. Its modular, flexible, and scalable technology enables leading companies to accept next-generation payments, offer all payout options, and benefit from card issuing, banking, risk, and fraud management services. Connecting businesses to their customers in more than 200 markets, with local acquiring in 50 markets, 150 currencies, and over 720 alternative payment methods, Nuvei provides the technology and insights that help customers and partners succeed locally and globally through one integration.

For more information, visit www.nuvei.com 

Contact:  

Public Relations 

alex.hammond@nuvei.com

 

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SOURCE Nuvei

FAQ

What did Nuvei and WEX announce on January 27, 2026 regarding travel payments?

Nuvei and WEX (NYSE: WEX) announced a partnership to integrate WEX virtual card technology into Nuvei's merchant network to streamline supplier payments for travel merchants.

How will the Nuvei-WEX partnership affect cash flow for travel merchants?

The integration aims to improve cash flow and liquidity by enabling supplier payments funded directly from incoming settlement flows, reducing reliance on external credit lines.

Which travel businesses are targeted by the Nuvei and WEX integration?

The partnership targets travel merchants and marketplaces including online travel agencies (OTAs), airlines, and hospitality brands to manage multiple supplier relationships via virtual cards.

What operational benefits do acquirers and suppliers gain from the WEX virtual card integration with Nuvei?

Acquirers gain enhanced visibility into payment flows for better oversight, while suppliers can expect greater reliability and faster, automated payments.

Does the Nuvei-WEX deal change how travel companies handle supplier payments?

Yes. The integration automates virtual card issuance and adds built-in controls so merchants can process supplier settlements faster and with more security and transparency.

Will the Nuvei and WEX partnership materially reduce credit dependence for travel firms?

The companies state the integration can reduce credit dependency by enabling payments from receivable-driven settlement flows, though no specific financial metrics were provided.