Nium, a Singapore-based financial engineering science (fintech) infrastructure platform, late partnered with E9pay, a digital remittance provider inwards Republic of Korea, to permit E9pay clients to post remittances to likewise as from Bharat, Republic of Indonesia, the United StatesA., as well as other markets, including inwards Europe. These clients include both individuals besides as businesses.
Referring to the overseas payment infrastructure in Republic of Korea, Nium Vice President Michael Minassian said, “the overseas digital payments scene has withal to take hold of upwardly due to complex legacy systems. Nium is always looking to ameliorate remittance experience also as concern concern efficiency through the introduction too facilitation of fiscal technology, together with we are proud to alive working with E9pay to better the cross-border digital payments service offering inwards Republic of Korea.”
With a license from the Ministry of Economy likewise as Finance of South Korea, E9pay provides remittance services to 126 countries every bit of September 2020.
Founded in 2014 equally InstaReM, Nium has served 3.2 billion users since its inception. The menage provides remittances inwards 63 currencies across 100 countries, including 65 countries inward which it offers real-fourth dimension transfers.
By Romil Pandey, Research Associate
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