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Nium, the global infrastructure provider for real-time cross-border payments, has launched a new card for travel customers in partnership with banking and payment services company, Diners Club International.
In a move that provides Nium travel customers with greater payment flexibility, acceptance, and choice, the cross-border payments company has officially launched the Diners Club International Card.
Diners Club International, which is a part of Discover Global Network, provides travel corporations and business owners with a suite of payment and expense management solutions. Diners Club Card holders benefit from acceptance at more than 55 million global merchant locations and over 1.2 million ATMs, as well as access to over 1,500 airport lounges and experiences worldwide.
“Expanding our payments offering with Diners Club International underscores Nium’s commitment to delivering innovative and flexible solutions that meet the evolving needs of the travel ecosystem,” said Mark Anthony Spiteri, SVP and global head of card business at Nium.
“Building on our real-time cross-border payments network spanning over 220 markets, our ability to issue virtual cards across four of the world’s leading payment schemes – Visa, Mastercard, UATP, and now Discover – gives our customers unparalleled global access, so they can scale their businesses seamlessly across borders and industries.”
Nium empowers some of the world’s largest online travel intermediaries to cost-effectively pay airlines and travel suppliers around the world using its B2B virtual card solution.
Nium and Discover mutually expand each other’s global reach
The addition of the Diners Club International Card, which is already available internationally, also looks to optimise costs, improve acceptance, and increase optionality for Nium’s virtual card travel customers.
Thanks to this collaboration with Discover, Nium becomes one of the first global card issuers in the travel space to offer cards across the four major schemes.
The move also enhances Nium’s growing Airline Payments offering, the travel industry’s first ‘closed-loop’ B2B payment method for online travel agents and their airline partners.
“The premium proposition offered by Diners Club International is perfectly aligned with Nium’s ambition to deliver best-in-class payment solutions to its travel intermediary, airline, and global partners,” added Matt Sloan, VP of international markets EMEA at Discover. “Diners Club International’s unique partnership model has built a strong acceptance footprint around the world. Complemented by Nium’s expansive real-time payments network, we are now able to reach even more global markets and members than before.”
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