Nium announced the expansion of its platform to serve the multi- trillion dollar global marketplace opportunity. The new product functionalities are available on Nium's existing payments platform. Some of these new functions are:
- Flexible multi-currency payouts - pay international sellers in over 100 currencies
- Fast and simple onboarding - instantly verify payout accounts
- Collect, covert and disburse - collect fuds in over 25 markets in various currencies
- End-to-end white labeling - Build specific payout journeys and gain control over the seller ecosystem
"With 33% of the $8.8 trillion global ecommerce market predicted to be cross-border by 2028, real-time cross-border payouts have the potential to drive marketplace seller acquisition and international revenue opportunities." said Ramana Satyavarapu, CTO at Nium