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Travelex and Nium launch new digital payments offering in Hong Kong
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Nium and Travelex launch digital remittance offering in Hong Kong
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Nium and Travelex form digital remittance partnership for Asia Pacific 2 hours ago
Source: Nium Travelex, the world’s leading foreign exchange brand, has partnered with advanced global payments platform Nium to extend digital remittance services to their users. Now live in Australia and Singapore, the digital remittance offering (“Travelex International Money Transfer”) will be serviced by Nium’s global payment rails and real-time payment capabilities, enabling Travelex users to remit money to more than 50 markets across the world almost instantly[1]. The service will be further expanded to the rest of Asia soon.
Travelex, Nium expand into Australia and Singapore Monday 12 April 2021 10:37 CET | News UK-based Travelex has partnered with global payments platform Nium to extend digital remittance services to their users.
Now live in Australia and Singapore, the digital remittance offering called Travelex International Money Transfer will be offered through Nium’s global payment rails and real-time payment capabilities, helping Travelex users to remit money to 50 markets across the world. The service will be further expanded to the rest of Asia in the future.
Travelex will be using Nium’s Remittance-as-a-Service (RaaS) solution for the launch of this service. RaaS provides not just the full stack technology solution, but also incorporates the regulatory portfolio and a team of experts from Nium.