Through this move, G2 Travel, a wholesale tour operator, is set to leverage Nium’s virtual card payment solution to pay hotel partners worldwide. The collaboration between the two companies aims to include additional local currencies to G2 Travel’s offering and make supplier payments more efficient and secure.
The partnership with G2 Travel comes just a few days after Nium announced its expansion into Australia. The initiative sought to advance the company’s commitment to offering a comprehensive real-time payments network and enable businesses to send payments internationally faster and at a lower cost. As of the announcement, businesses connected to Nium’s platform could make real-time cross-border payments to bank accounts in Australia, minimising costs and transaction times while scaling reliability.
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