Al Mulla Exchange teams up with Nium to improve global payment options

  • January 25, 2022

Al Mulla Exchange & Global payments and cards issuance leader Nium announced a strategic partnership agreement, to enhance the operation of transfers to key markets and regions globally.

With this collaboration Al Mulla Exchange customers will be able to make payments in local currencies through NIUM’s global network of licences and banking relationships.

Through Nium, Al Mulla Exchange have further enchanted the services :
• Seamless B2B, B2P, P2P and P2B cross-border payments in all major currencies
• Access to multiple real-time payment corridors
• Instant, speedy settlements to customers
• Competitive FX rates

About Nium
Nium is a leading embedded fintech company that provides banks, payment providers, and businesses of any size with access to global payment and card issuance services via one API. Its modular platform enables pay-outs, pay-ins, card issuance, and banking-as-a-service.

Once connected to the Nium platform, businesses can pay out in more than 100 currencies to over 190 countries – 85 of which in real time. Funds can be received in 33 markets, including Southeast Asia, the UK, Hong Kong, Singapore, Australia, India, and the US.

Nium’s growing card issuance business is already available in 32 countries, including Europe (SEPA), the UK, Australia, and Singapore. Core to Nium is its licence infrastructure, built over time in some of the fastest growing economies. Nium owns the broadest licence portfolio, covering 11 of the world’s jurisdictions, enabling seamless global payments and rapid integration, across multiple geographies.
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