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Nium selects SENTBE to offer new payments solutions in South Korea

Thursday 1 April 2021 11:50 CET | News

Singapore-based Nium has announced a partnership with SENTBE to enable Nium customers to make payments into South Korea.

Nium is an advanced global payments platform, while SENTBE offers cross-border payment solutions. With this expansion, Nium’s customers are also able to extend this offering to their own consumers, thus adding a new payments corridor.

The payment process is also transparent within the portal and through the APIs, providing tracking and visibility for the accounting team. Through this collaboration, which will see Nium integrating SENTBE’s APIs, customers from around the world can now make the fund transfers directly to the banks of their partners and vendors in South Korea.

Funds transferred can be initiated in any of the 40+ source currencies currently offered through Nium’s Send service and recipients will receive the payout in their local currency to all major banks in South Korea via SENTBE.

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Keywords: partnership, API, cross-border payments, payment methods
Categories: Payments & Commerce
Companies:
Countries: Korea, Republic of
This article is part of category

Payments & Commerce






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