ECOMMPAY Selects Global Payments Leader Nium to Extend Payout Offering to New Verticals and Global Markets

The partnership offers ECOMMPAY customers a closed-loop system to manage the entire payment journey in one platform

LONDON, 24 February 2022 – Nium, the global leader in modern money movement, and leading international payment service provider, ECOMMPAY, today announced a partnership that will have Nium’s wide-ranging payouts network enable ECOMMPAY customers to make payments to key global markets. The integration offers merchants a closed-loop system where the entire payment journey is managed in one easy-to-use dashboard. 

Nium provides global payments and card issuance solutions for businesses around the world. It currently operates payouts for businesses to over 190 countries – offering a fast and convenient way to make payments in over 100 different local currencies. The partnership will enable ECOMMPAY to offer payouts to merchants in various regions across the globe, made directly to the bank accounts of the user in the country of choice, using a quick and secure local network.  

Through this partnership ECOMMPAY will be able to access new, complex and emerging markets and provide a seamless payment experience for its customers, wanting to expand internationally. Taking an individual approach to each merchant, ECOMMPAY offers a range of bespoke, tailored products, features, and technologies to streamline the payment process for end-users. Consumers can pay for goods and services on any device through a single, unified payment gateway, enjoying quick, convenient, intuitive, and secure transactions. ECOMMPAY caters to corporate customers in the retail, travel, mobility, hospitality and online gaming industries.

Olga Karablina, Head of Payment Product Development and Partner Relations at ECOMMPAY comments: “Joining forces with Nium opens up a whole plethora of opportunities in new global regions. At ECOMMPAY, we take pride in being more than just a payment service provider, but rather a long-term partner providing tailored technologies and guidance for our customers. We’re looking forward to working with Nium and expanding our payouts offering during this new and exciting stage of growth for our business.”

Spencer Hanlon, Head of EMEA Business Operations at Nium, comments: “Our partnership with ECOMMPAY consolidates Nium’s expanding footprint in Europe and the UK. Our global payments infrastructure will provide the extra boost and competitive edge to ECOMMPAY customers, who are looking to grow internationally.”

About ECOMMPAY

ECOMMPAY is an entire fintech ecosystem that allows you to make online payments and payouts globally. It is not just a payment service provider; it is your business partner that creates data-driven tailored payment technologies for your company and guides you through this fast-changing e-commerce environment. No irrational decisions or one-size-fits-all technologies. ECOMMPAY’s solutions are based on analysis, and the company constantly monitors the payment process, which allows it to find the synergy between conversion and security for every client. Go global being local with 100+ alternative payment methods and direct acquiring capabilities. Feel its experts’ support and enter a new era in the history of online payments with ECOMMPAY.

About Nium

Nium is the global leader in modern money movement. It provides banks, payment providers, and businesses of any size with access to global payment and card issuance services Its modular platform powers frictionless commerce, helping businesses pay and get paid across the globe with services for pay-outs, pay-ins, card issuance, and banking-as-a-service. 

Once connected to the Nium platform, businesses are able to pay out in more than 100 currencies to over 190 countries – 85 of which in real time. Funds can be received in 27 markets, including Southeast Asia, UK, Hong Kong, Singapore, Australia, India, and the US. Nium’s growing card issuance business is already available in 34 countries, including Europe (SEPA), the UK, Australia and Singapore. Nium’s license portfolio covers 11 of the world’s jurisdictions, enabling seamless global payments and rapid integration, regardless of geography.

Nium was named among “Financial Times APAC High-Growth Companies” and “Best B2B Payment Platform at Future Digital Awards” in 2021.

For more information, visit: https://www.nium.com