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Update · 03:51 pm AEST · 5 September 2026

Nuvei to pay $4.85 million to settle FTC merchant fraud charges

Global payment processor Nuvei will pay $4.85 million to settle Federal Trade Commission charges that the firm facilitated merchant fraud, the FTC said on Tuesday.

The company was alleged to have opened and maintained payment processing accounts for merchants engaged in deception, including tech support scams that took millions of dollars from consumers, according to the FTC press release, FTC press (US consumer protection) reports.

Payment Processor Nuvei Must Implement Robust Merchant Screening Practices and Pay $4.85 Million to Settle FTC Charges that the Firm Facilitated Merchant Fraud Global payment processor Nuvei will pay $4.85 million to settle the Federal Trade Commission’s charges that the firm opened and maintained payment processing accounts for merchants that it knew or ftc.gov
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Nuvei to pay $4.85 million to settle FTC merchant fraud charges | The Financial Register Inward Money