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Nium Targets Payment Speed, Efficiency and Acceptance for Travel Agents With New Partnership

June 19, 2024

Nium, the real-time global payments firm, will provide travel agents with a private network of trusted UATP authorisation rails and bank transfers to offer lower costs, simplified reconciliation, and faster settlement through its Nium Airline Payments Solution (NAP).

NAP eliminates intermediaries from the payment flow, giving Air France and KLM the flexibility to provide a new payment method for selected travel agent partners. Using NAP, Nium guarantees payment acceptance and reduces settlement time from hours down to minutes and seconds.

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