Nuvei
122 Case Studies
A Nuvei Case Study
FTMO, a European prop trading firm, faced the challenge of needing to offer fast, reliable user payouts to stay competitive and the difficulty of entering the US market, where cross-border processing was suppressing transaction approval ratios. They partnered with the payments vendor Nuvei to address these issues, seeking solutions for real-time payout capabilities and local US infrastructure.
Nuvei implemented a dual solution, enabling near real-time global user payouts via Visa Direct and Mastercard Send. For US market entry, Nuvei established a domestic acquiring strategy, supporting the creation of FTMO's local US entity and selecting a sponsor bank to process transactions locally. The results included a more than 20% improvement in US approval ratios and the successful global rollout of near real-time payouts, strengthening FTMO's competitive position.