Nium has announced a strategic partnership with HyperGuest, a B2B marketplace for the travel and hospitality industry. This collaboration brings together Nium’s advanced virtual card payment solution with HyperGuest’s travel distribution platform to deliver greater efficiency, speed and security in payments for HyperGuest’s network of travel partners, hotels and other accommodation providers around the world.
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…