Nium
Nium provides a comprehensive payment platform that enables global payouts, card issuance, and multi-currency account management for various sectors including financial institutions, travel, payroll, and spend management.
Nium's Services and Payment Solutions
Nium offers a unified platform, Nium Portal, allowing users to manage multiple payment applications from a single dashboard. Through this platform, Nium provides global payouts to over 220 markets and supports real-time money movement to more than 100 countries. The company delivers global card issuance capabilities for businesses, enabling both physical and virtual card issues for real-time payments through Visa and Mastercard schemes. Additionally, Nium supports the opening and funding of global accounts in local currencies and provides a multi-currency wallet to disburse payments locally.
Global Payment Features of Nium
Nium supports seamless cross-border transactions through its payment infrastructure, allowing businesses to collect, convert, and disburse funds instantly. Users can also benefit from transparent foreign exchange (FX) rates, which help avoid hidden markups. Nium's infrastructure allows sending money on-demand to 190+ countries, with over 100 countries offering real-time transfers. The solutions also include global mass payouts to over 220 markets in 70 currencies.
API and Developer Tools at Nium
Nium offers a comprehensive suite of APIs, empowering developers to integrate payment functionalities directly into their applications. The platform includes tools for managing API keys, webhook configurations, and user management. Nium's Payment Chronometer technology leverages AI to optimize payment routes for speed and cost, ensuring efficient transactions. Additionally, Nium provides real-time visibility into global account activities and transaction monitoring.
Nium's Sector and Industry Focus
Nium caters to multiple sectors with its diverse payment solutions, including financial institutions, travel, payroll, and spend management. The company’s offerings, such as global card issuance and multi-currency wallets, are particularly beneficial for these industries by enabling efficient financial operations across borders. Nium’s solutions also support direct debit in multiple currencies like USD, EUR, and GBP, providing ease of finance management on a global scale.
Corporate Social Responsibility: Nium Cares
Nium is actively engaged in corporate social responsibility through its global CSR program, 'Nium Cares.' This initiative involves various social projects and partnerships with organizations to support causes like wildlife protection and education. The program underscores Nium's commitment to making a positive impact on society while providing innovative payment solutions.