Global payments and card issuance platform Nium and Japanese payments firm, Queen Bee Capital (QBC) have teamed up to improve international transfer offerings for corporate and individual QBC clients across Japan.
Through this partnership, QBC will leverage Nium’s advanced pay-out capability to offer real-time, cost-efficient, and transparent cross-border payment solutions from Japan “with 30 currencies to over 200 countries and regions, including the United States, Australia, Singapore, Bangladesh, the UK, Europe and Latin America (Argentina, Brazil, Chile, Uruguay, Peru, Mexico and Columbia).”
Nium’s Chief Revenue Officer, Frederick Crosby, stated:
“We are delighted to announce our partnership with Queen Bee Capital, one of Nium’s first partners in Japan. Our platform will enable QBC to provide its customers with seamless real-time payment services to more countries and regions around the world.”
Queen Bee Capital’s President, Shenbo Huang, remarked:
“Nium is the established global leader in overseas payments. By integrating with their platform, we’re easily able to cost-effectively reach more corners of the world – most in real-time. We look forward to expanding our relationship in the future.”
Nium’s pay-out capability enables QBC to provide:
- Seamless B2B, P2P, B2P and P2B cross-border payments for customers in multiple currencies
- Access to multiple real-time payment corridors
- Instant, speedy settlements
As covered, Nium is a Fintech firm that offers banks, payment providers, and businesses of any size with access to “global payment services via one API.”
The company’s 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 have the ability 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 card issuance business is available in 33 countries, including Europe (SEPA), the UK, Australia and Singapore.
Nium owns an extensive license portfolio, “covering 11 of the world’s jurisdictions, enabling seamless global payments and rapid integration, regardless of geography.”