Main events of this week in payments from Monoup
Payment industry, as always, is moving forward rapidly, and we offer you a new format of news: short digests with the most important information that you absolutely cannot miss. A brief analysis and key picks of financial industry news are below.
Nuvei rolls out omnichannel service for iGaming
Nuvei payment system, focused on gaming industry, has once again strengthened its positions with a new payment offering. This time, update is for regulated gambling market in the UK. Nuvei has launched an omnichannel product that includes payment processing, player behavior analytics, and reporting, which together provide comprehensive payment management and understanding of all its aspects.
Thus, there is no need to integrate several other tools, for example, for analytics or payment orchestration. It should be said that many payment systems, especially those operating in gaming industry, does not concentrate on strong reporting and analytical capabilities. Because of this, merchants have to operate data in different services and literally build reporting from scratch. This is why Nuvei's offering sounds very competitive, and one of the major British operators, Buzz Bingo, has already integrated the service.
Omnichannel is one of the trends of 2025, and this development only confirm the prediction.
Bybit launches QR payments in Brazil
Crypto exchange ByBit, known for its large number of users worldwide, is expanding QR Pay in Brazil through integration with PIX payment system. QR will be available on the websites of many merchants who accept PIX and will serve as an additional alternative for crypto-oriented users.
The payment process is built using familiar algorithm — scanning the QR code. In this case, transactions will be conducted in Brazilian reals and service will only be available to verified users. The main advantage of QR Pay from ByBit will be lower fees and direct integration with crypto services.
Lithuania fights Illegal gambling
Europe at this time is paying particular attention to financial control, starting with Lithuania. From this year on, Lithuanian government requires all financial institutions (both banks and payment systems) to block transactions in favor of illegal gambling.
Over the past years, nearly 2,000 illegal gambling sites have been blocked in the country, which has not gone unnoticed by the regulator. Now all legal companies in Lithuania will be included in the "white list" of financial institutions, and the rest will automatically fall into the black list. Thus, authors of the law expect to reduce illegal transactions to zero point and completely clean up the market from gray operations.
Penalties for non-compliance with the new rules range from 1,800 to 3,800 euros, and direct control over banks is also introduced.
PKO Bank opens a branch in Romania
PKO Bank Polski is entering the Romanian market and has already launched a branch in Bucharest. The goal of expansion is integration of Poland and Romania, helping businesses find their customers and achieve operational goals easily. The bank also plans to become a bridge for Romanian companies that are wishing to enter Polish market and vice versa.
At the same time, Poland and Romania are leaders in Central European economy, and their mutual trade is only growing in volume. Banking services, along with payment systems for businesses, are especially important for the smooth exchange of goods and services, which PKO timely noticed and took advantage of it.
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