#London #United Kingdom #Diners Club #Nium #B2B Payments

Nium Expands Travel Payment Options with New Diners Club International Card

In a landmark move for the travel industry, Nium, the leading global platform for real-time cross-border payments, has introduced the Diners Club International® Card. This launch marks a significant advancement in Nium's efforts to provide versatile and comprehensive payment solutions for its travel clients, particularly online travel intermediaries.

The introduction of the Diners Club card positions Nium as a pioneer among global card issuers in the travel sector. By offering card solutions across the four major payment schemes—Visa, Mastercard, UATP, and now Discover—Nium is set to give its travel partners an unprecedented level of flexibility and acceptance worldwide.

Mark Anthony Spiteri, Nium's Senior Vice President and Global Head of Card Business, expressed that the addition of the Diners Club International Card reinforces their commitment to innovative solutions that align with the evolving needs of the travel ecosystem. Nium’s real-time cross-border payments network spans over 220 global markets, providing travel companies with efficient and cost-effective methods for paying airlines and suppliers.

With the Diners Club International Card, travel clients will obtain improved payment options, enhancing their operational efficiency and ability to manage expenses effectively. This card offers holders access to more than 55 million merchant locations and over 1.2 million ATMs, further expanding the reach and benefits provided to users. Additionally, cardholders enjoy perks such as exclusive access to over 1,500 airport lounges worldwide—a testament to the premium service Diners Club International offers.

Matt Sloan, Vice President of International Markets EMEA at Discover, remarked that the collaboration with Nium perfectly aligns with their objectives of delivering top-notch payment solutions for travel intermediaries and corporate travelers. He emphasized that their unique partnership model enables a robust acceptance network beneficial to both Nium and Diners Club members.

The addition of the Diners Club International Card represents a strategic enhancement to Nium’s existing payment offerings in the travel space, serving to optimize costs and boost acceptance levels for their virtual card solutions. This innovative product will be available globally, catering to a wide array of clients in the travel industry, and promises to be a game-changer in how travel providers manage their B2B transactions.

Nium's recent advancements not only highlight their technological edge but also their response to the growing need for efficient and secure payment methods in the dynamic travel sector. Their ongoing aim is to support clients in unlocking new revenue streams, improving customer satisfaction, and enhancing overall efficiency through cutting-edge virtual card solutions.

To explore more about how companies can take advantage of these new payment solutions, Nium has released a comprehensive guide on the revolutionizing nature of virtual cards within air travel payments.

About Nium:
Founded with the vision to create the future of global payments infrastructure, Nium has continually evolved its offerings to meet the challenges of the global economy. Their extensive payout network supports over 100 currencies and encompasses more than 220 markets, making them a trusted partner for fintechs, banks, and businesses worldwide. Operating in compliance with regulations across 40 countries, Nium facilitates seamless onboarding and rapid integration processes for its users.

As Nium positions itself as a key player in the travel payment domain with the Diners Club International Card launch, the implications for the industry are vast, showcasing how innovation can drive efficiency and user satisfaction in B2B payments.