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Nium Boosts Cross-Border Payments with Local Currency Support in 40+ Countries

Fintech News

Global payments company Nium has expanded its local funding and collection services to over 40 countries and 15 currencies, with more to come. The service offers benefits such as reduced overhead costs, faster transaction speeds, and easier payment reconciliation with real-time transaction alerts.

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Nium Expands Ability for Customers to Receive in More Than 40 Countries and 15 Currencies, Offering One of the Most Extensive Networks

Fintech Finance

Nium’s local account details offer customers the convenience of: Reduced funding or collections overhead by eliminating the costs involved with cross-border wire transfers and lack of transparency in FX conversions Increased transaction speed by utilizing local real time payment rails like Instapay (PH), PIX (BR), SPEI (MX), and many more Eased (..)

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VoPay and Avesdo’s Embedded Payment Solution Reduces Pre-Sale Property Transaction Time by 70% in the Canadian Market

Fintech Finance

Collecting large transactions using traditional payment methods such as cheques and wire transfers typically results in prolonged payment reconciliation periods, excessive administrative burdens, and significant risks due to human error.

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Nium Simplifies Money Moving for Businesses Across the Globe With Network Expansion

The Fintech Times

Nium’s local account details offer customers the convenience of: Reduced funding or collections overhead by eliminating the costs involved with cross-border wire transfers and lack of transparency in FX conversions. Eased payment reconciliation with real time transaction alerts along with transparent sender information.

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Guide to B2B Payments: A Comprehensive Overview

Nanonets

There are a number of different B2B payment solutions available, including wire transfers, ACH payments, cheques, credit cards, and digital payment methods. Wire transfers: It's one of the most common B2B payment methods. Enter vendor information, payment amount, and currency.

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Guide to B2B Payments: A Comprehensive Overview

Nanonets

There are a number of different B2B payment solutions available, including wire transfers, ACH payments, cheques, credit cards, and digital payment methods. Wire transfers: It's one of the most common B2B payment methods. Enter vendor information, payment amount, and currency.

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Digital Payments: 12 Digital Payment Options to Consider Accepting in Your Business

Stax

Going digital reduces paperwork and manual processing for businesses by automating payment reconciliation, invoicing, and record-keeping processes. Businesses can also streamline accounting tasks by integrating digital payment systems with their financial software, which improves accuracy and efficiency in financial reporting.