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Al Fardan Exchange Partners With Nium To Offer Enhanced Pay-Out Services In Key Global Markets

Al Mulla Exchange teams up with Nium to improve global payment options

Alawneh Exchange partners with Nium to enable seamless international payments to key major markets

Have questions? We've got answers. 

Unlike most other providers, the FX rates quoted by Nium are “live” on a 24&#215;7 basis, which means that you and your customers benefit from the then prevailing interbank FX rates when a transaction is sent to Nium and accepted by Nium. This also means that you and your customers will get the latest prevailing rate irrespective of whether the FX markets are open or closed for the day/weekend/public holiday, and the related FX risk is borne by Nium. This is unlike other providers where the rates are only available when the FX markets for that respective currency are open and transacting during business hours in the destination country, unlike Nium where both FX conversion and payouts happen on a 24&#215;7 basis for real time corridors.

How are Nium‘s FX rates different from other providers?

The current status of any transaction sent to Nium can be seen at any point of time from the web portal. Nium also has the ability to push the change in status to you if you are connecting through APIs.

Can we see the status of a transaction?

The transaction received will be held in a pending state, and will get executed once the funding is in place.

What happens if there is no funding in the account when a transaction is received by Nium?

Nium&#8217;s standard offer is for first-party funding, however our Banking as a Service solution will allow for third-party funding.

Does Nium accept third-party funding?

Our experienced team can have you fully integrated in as little as four weeks.

How long does integration take with Nium?

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