Nuvei, a global fintech infrastructure provider, has secured a direct acquiring license in Israel, marking its entry into the country’s domestic card payment ecosystem. The license, granted by the Israel Securities Authority under the Regulation of Payment Services and Payment Initiation Law, extends Nuvei‘s direct acquiring footprint to 53 markets and supports its strategy of building local payment capabilities while maintaining global connectivity.
- Markets served: 53 countries with direct acquiring capabilities; presence in over 190 markets total
- Nuvei operations in Israel: 20 years of presence; 300+ employees
- Payment methods supported: 150 currencies; over 720 alternative payment methods
- Pending acquisition: Payoneer for approximately $2.75 billion
Commerce is global, but payment performance is local. Securing this license means we can deliver more of the payment performance our local and global customers expect directly within Israel, while supporting their ambitions well beyond its borders. Israel has been an important part of Nuvei’s story for two decades, and this milestone reflects our continued commitment to its businesses, talent, and technology ecosystem.
– Phil Fayer, Chair and CEO, Nuvei
The direct acquiring license enables Nuvei to connect directly to Israel’s domestic card payment ecosystem, eliminating intermediary acquiring partners. This direct connection improves authorization rates by processing transactions locally, reduces payment costs through removed intermediary relationships, and strengthens the checkout experience by integrating authorization and fraud management. Global brands can access these capabilities through the same Nuvei integration used in other markets, simplifying international expansion and reducing the number of payment providers they manage.
Nuvei‘s expansion into Israel comes as the country’s technology sector drives significant international commerce. Israeli high-tech exports reached $85 billion in 2025, representing 58 percent of all exports, with approximately 775 new high-tech companies established that year, according to the Israel Innovation Authority. The fintech has also expanded its network in 2026 through launches in Mexico and South Africa. The pending acquisition of Payoneer for $2.75 billion is expected to deepen Nuvei‘s Israeli operations and expand its global local and cross-border commerce capabilities upon completion.
Phil Fayer, Chair and CEO of Nuvei. Source: LinkedIn
