Nuvei Signs Partnership with Hardware Wallet Provider Ledger
- Over 100 fiat methods will be available to Ledger users to purchase cryptos.
- Ledger Live is the desktop and mobile companion for Ledger hardware wallets.

Nuvei, a Canadian payment processor, announced on Tuesday that it arranged a partnership with Ledger to enable direct on-ramps for over 125 cryptocurrencies with all the fiat funding options via its Simplex by Nuvei solution.
With this integration, Ledger users are able to buy cryptocurrencies without going through external exchanges or fiat-to-crypto gateways. By doing this, hardware wallet users are able to maximize security and ease of use, as they are without the additional step of interacting with exchanges and temporarily abandoning device security.
“We’re excited to partner with Ledger to let more and more users easily acquire crypto with maximum security. With the number of possible verified uses of crypto in the ecosystem ever-increasing, having easy on-ramps within the wallet is key for the continued growth of the sector,” Philip Fayer, the Chairman and CEO of Nuvei, commented.
“Ledger Live is the gateway for digital assets and Web3, and we’re excited to broaden the on-ramp offering on Ledger Live. Simplex by Nuvei is bringing more choice to Ledger customers and focuses on making it easier to enjoy all of the benefits of crypto without centralized custodians,” Jean-François Rochet, the VP of International Development at Ledger, pointed out.
Nuvei and FTX Partnership
In December 2021, Nuvei announced a partnership with the cryptocurrency exchange, FTX. Nuvei stated that the collaboration will enable FTX to provide its users with instant deposits and instant payment solutions that support high-value transactions. In addition, the partnership will allow FTX users to have access to instant payments Payments One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonly the basis of exchange involves fiat currency or legal tender, be it in the form of cash, credit or bank transfers, debit, or checks. While typically associated with cash transfers, payments can also be made in anything of perceived value, be it stock or bartering – though this is far more limited today than it has been in the past.The Largest Players in the Payments IndustryFor most individuals, the payments industry is dominated currently by card companies such as Visa or Mastercard, which facilitate the use of credit or debit expenditures. More recently, this industry has seen the rise of Peer-to-Peer (P2P) payments services, which have gained tremendous traction in Europe, the United States, and Asia, among other continents.One of the biggest parameters for payments is timing, which looms as a crucial element for execution. By this metric, consumer demand incentivizes technology that prioritizes the fastest payment execution.This can help explain the preference for debit and credit payments overtaking check or money orders, which in previous decades were much more commonly utilized. A multi-billion-dollar industry, the payments space has seen some of the most innovation and advances in recent years as companies look to push contactless technology with faster execution times. One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonly the basis of exchange involves fiat currency or legal tender, be it in the form of cash, credit or bank transfers, debit, or checks. While typically associated with cash transfers, payments can also be made in anything of perceived value, be it stock or bartering – though this is far more limited today than it has been in the past.The Largest Players in the Payments IndustryFor most individuals, the payments industry is dominated currently by card companies such as Visa or Mastercard, which facilitate the use of credit or debit expenditures. More recently, this industry has seen the rise of Peer-to-Peer (P2P) payments services, which have gained tremendous traction in Europe, the United States, and Asia, among other continents.One of the biggest parameters for payments is timing, which looms as a crucial element for execution. By this metric, consumer demand incentivizes technology that prioritizes the fastest payment execution.This can help explain the preference for debit and credit payments overtaking check or money orders, which in previous decades were much more commonly utilized. A multi-billion-dollar industry, the payments space has seen some of the most innovation and advances in recent years as companies look to push contactless technology with faster execution times. Read this Term to purchase cryptocurrencies faster and more securely.
Nuvei’s collaboration with FTX came a few days after the payment company stated that it is rolling out crypto-friendly debit cards with Visa Inc.
Nuvei, a Canadian payment processor, announced on Tuesday that it arranged a partnership with Ledger to enable direct on-ramps for over 125 cryptocurrencies with all the fiat funding options via its Simplex by Nuvei solution.
With this integration, Ledger users are able to buy cryptocurrencies without going through external exchanges or fiat-to-crypto gateways. By doing this, hardware wallet users are able to maximize security and ease of use, as they are without the additional step of interacting with exchanges and temporarily abandoning device security.
“We’re excited to partner with Ledger to let more and more users easily acquire crypto with maximum security. With the number of possible verified uses of crypto in the ecosystem ever-increasing, having easy on-ramps within the wallet is key for the continued growth of the sector,” Philip Fayer, the Chairman and CEO of Nuvei, commented.
“Ledger Live is the gateway for digital assets and Web3, and we’re excited to broaden the on-ramp offering on Ledger Live. Simplex by Nuvei is bringing more choice to Ledger customers and focuses on making it easier to enjoy all of the benefits of crypto without centralized custodians,” Jean-François Rochet, the VP of International Development at Ledger, pointed out.
Nuvei and FTX Partnership
In December 2021, Nuvei announced a partnership with the cryptocurrency exchange, FTX. Nuvei stated that the collaboration will enable FTX to provide its users with instant deposits and instant payment solutions that support high-value transactions. In addition, the partnership will allow FTX users to have access to instant payments Payments One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonly the basis of exchange involves fiat currency or legal tender, be it in the form of cash, credit or bank transfers, debit, or checks. While typically associated with cash transfers, payments can also be made in anything of perceived value, be it stock or bartering – though this is far more limited today than it has been in the past.The Largest Players in the Payments IndustryFor most individuals, the payments industry is dominated currently by card companies such as Visa or Mastercard, which facilitate the use of credit or debit expenditures. More recently, this industry has seen the rise of Peer-to-Peer (P2P) payments services, which have gained tremendous traction in Europe, the United States, and Asia, among other continents.One of the biggest parameters for payments is timing, which looms as a crucial element for execution. By this metric, consumer demand incentivizes technology that prioritizes the fastest payment execution.This can help explain the preference for debit and credit payments overtaking check or money orders, which in previous decades were much more commonly utilized. A multi-billion-dollar industry, the payments space has seen some of the most innovation and advances in recent years as companies look to push contactless technology with faster execution times. One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonly the basis of exchange involves fiat currency or legal tender, be it in the form of cash, credit or bank transfers, debit, or checks. While typically associated with cash transfers, payments can also be made in anything of perceived value, be it stock or bartering – though this is far more limited today than it has been in the past.The Largest Players in the Payments IndustryFor most individuals, the payments industry is dominated currently by card companies such as Visa or Mastercard, which facilitate the use of credit or debit expenditures. More recently, this industry has seen the rise of Peer-to-Peer (P2P) payments services, which have gained tremendous traction in Europe, the United States, and Asia, among other continents.One of the biggest parameters for payments is timing, which looms as a crucial element for execution. By this metric, consumer demand incentivizes technology that prioritizes the fastest payment execution.This can help explain the preference for debit and credit payments overtaking check or money orders, which in previous decades were much more commonly utilized. A multi-billion-dollar industry, the payments space has seen some of the most innovation and advances in recent years as companies look to push contactless technology with faster execution times. Read this Term to purchase cryptocurrencies faster and more securely.
Nuvei’s collaboration with FTX came a few days after the payment company stated that it is rolling out crypto-friendly debit cards with Visa Inc.