Nuvei Corporation has announced plans to acquire Payoneer Global Inc. for approximately $2.75 billion, aiming to enhance its digital payment infrastructure. The acquisition will combine the two North American companies, boosting their annual transaction volume to over $500 billion. Payoneer shareholders will receive $7.40 per share, a 10% premium over the previous closing price. The merger is expected to strengthen their capabilities in cross-border payments and global fund settlement networks. Payoneer has recently partnered with Citibank to implement blockchain-based fund transfers and plans to integrate with Bridge for stablecoin services. This acquisition is set to enhance the competitiveness of both companies in the global digital payment sector.