CellPoint Digital and Nium Partner to Offer Merchants Frictionless Payments
21 March 2023 – CellPoint Digital, the global leader in Payment Orchestration, has today announced a new partnership with Nium, the global platform for on-demand money movement. Through this integration, CellPoint Digital and Nium will offer merchants a frictionless, optimised end-to-end money movement process.
Payments systems are seen by many as complex and fragmented, neglecting the needs and experience of merchants. CellPoint Digital and Nium are joining forces to address this problem, simplifying and optimising the payments ecosystem and offering merchants greater control and a far simpler process.
Nium empowers on-demand money movement for global payments and card issuing. It’s global network of regulatory licenses, compliance services and world-class APIs are designed to make the complexities of global commerce invisible. Merchants can pay employees, suppliers, local sellers and partners, wherever they do business, seamlessly through a single platform.
Similarly, CellPoint Digital exists to deliver frictionless commerce. Its Payment Orchestration platform, the first of its kind, was designed from day one to optimise payments efficiencies and provide authorisation and reconciliation globally and across multiple acquirers and/or PSPs.
Domestically and across borders, both CellPoint Digital and Nium are united by a mission to help businesses simplify commerce, be it buying, selling, transferring money, managing FX, or making payments. This partnership will support CellPoint Digital’s growth and expansion into money movement capabilities, like pay-outs and alternative payment method (APM) acquiring, which complements its product suite, with Nium’s extensive global pay-out network supporting 100 currencies in more than 190 countries – 100 of which in real-time.
Commenting on the new partnership, Tom Randklev, Global Head of Product at CellPoint Digital said: “CellPoint Digital and Nium share a relentless commitment to delivering frictionless commerce. As a global leader in B2B payments, Nium is a perfect partner for us in this mission. This venture will be important in the next stage of our growth as we begin to serve pay-out and APM acquiring needs as well as our existing core industries including travel, e-commerce, retail, digital commerce, and gaming.”
“This partnership with CellPoint is yet another example of how our on-demand money movement platform can truly empower global businesses to offer fast, safe, and easy digital payment solutions. Like Nium, CellPoint Digital is shaping the future of payments, putting the power back in the hands of the merchant and creating an ecosystem in which payments are efficient, affordable and hassle-free.”
Michael Bermingham, Co-Founder and Chief Business Officer at Nium
CellPoint’s new partnership with Nium is the latest step in its ongoing commitment to offer easy-to-implement solutions that help merchants solve cross-border, operational and technological challenges and simplify back-office complexities.
For more details, visit https://cellpointdigital.com/
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About CellPoint Digital
CellPoint Digital is a fintech leader in payment orchestration. CellPoint Digital’s main solution is a powerful Payment Orchestration Platform that optimises digital payment transactions, from cards or alternative payment methods, and accelerates the deployment of new payment options. Merchants can easily scale their own payment ecosystem across the world, unify the customer payment experience across their website, mobile apps and other channels, optimize the routing of each transaction, increase conversion rates and minimise payment costs. CellPoint Digital has offices in Copenhagen, Dallas, Dubai, London, Miami, Pune and Singapore.
Visit www.cellpointdigital.com to learn more.
Nium was founded on the mission to build the global payments infrastructure of tomorrow, today. With the onset of the on-demand economy, its single platform for global payments and card issuing is shaping how banks, fintechs, and businesses everywhere to disburse and collect funds instantly across borders. Its payout network supports 100 currencies and spans 190+ countries, 100 of which in real-time. Funds can be disbursed to accounts, wallets, and cards and collected locally in 35 markets. Nium’s growing card issuance business is already available in 34 countries. Nium holds regulatory licenses and authorizations in over 40 countries, enabling seamless onboarding, rapid integration, and compliance – regardless of geography. The company is headquartered in San Francisco, with regional offices in Singapore, London, Amsterdam, Hong Kong, Mumbai, Bengaluru, and Chennai.
For more information visit www.nium.com.