Nium and HyperGuest partner to streamline…

Cross-border payment company, Nium, has joined forces with B2B travel and hospitality marketplace, HyperGuest, to simplify payment processes across the client network.

This collaboration brings together Nium’s advanced virtual card payment solution with HyperGuest’s innovative travel distribution platform to deliver greater efficiency, speed and security in payments for HyperGuest’s host of travel partners, hotels and other accommodation providers globally. 

Payment failures, fraud and inefficiencies are especially prevalent in B2B hotel transactions due to factors like high transaction volumes and tech incompatibility between payment systems. 

Many aggregators and online travel agencies are making payments to hotels through legacy banking systems and card networks, where transactions can stall for days or weeks with no visibility into status. 

The integration of Nium’s virtual card into HyperGuest’s platform will facilitate faster, more secure and transparent payments for…