Nium, provider of real-time cross-border payments, has inked a strategic partnership with G2 Travel.
The wholesale tour operator will use Nium’s virtual card payment solution to pay hotel partners globally.
The partnership adds more local currencies to G2 Travel’s offering and makes supplier payments faster, more efficient, and more secure.
Nium says its virtual card solution addresses issues of failed payments and fraud by offering G2 hotel partners faster settlements and automated reconciliation, as well as broader acceptance.
Through the partnership, G2 Travel will leverage Nium’s Visa and Mastercard-accepted virtual cards globally, with access to over 20 local currencies.
The collaboration already supports multiple live currencies, with more to follow.
G2 Travel will use Nium-issued virtual cards to pay directly-contracted hotels
“We chose Nium for their unmatched global reach and currency coverage, making them the ideal partner for powering worldwide hotel payments,” said David Littlefair, Founder at G2 Travel.
G2 Travel plans to expand its global payment capabilities with Nium, adding more virtual card currencies and further enhancing its group business offerings.
“By combining our travel payments expertise with G2’s global distribution network, we’re helping hotels get paid faster, reduce fraud, and improve cash flow,” said Max Lehmann, SVP Head of Enterprise & Travel, Europe at Nium.
