FTC orders Nuvei to pay $4.85 million over merchant fraud screening
Global payment processor Nuvei will pay $4.85 million to settle FTC charges. The FTC alleges Nuvei opened and maintained payment processing accounts for merchants engaged in fraudulent activity.
Nuvei and its subsidiaries alleged to have knowingly processed for merchants engaged in fraudulent activityGlobal 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 kne…