{"id":57970,"date":"2021-12-07T13:10:23","date_gmt":"2021-12-07T13:10:23","guid":{"rendered":"https:\/\/pr.asianetpakistan.com\/?p=83669"},"modified":"2021-12-07T13:10:23","modified_gmt":"2021-12-07T13:10:23","slug":"modern-exchange-co-partners-with-nium-to-enable-international-payments-to-key-markets-globally","status":"publish","type":"post","link":"https:\/\/kuwaitnewsgazette.com\/modern-exchange-co-partners-with-nium-to-enable-international-payments-to-key-markets-globally\/","title":{"rendered":"Modern Exchange Co. partners with Nium to enable international payments to key markets globally"},"content":{"rendered":"
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The partnership will enhance Modern Exchange Co’s cross-border payments experience from Oman to all major currencies<\/i><\/p>\n

DUBAI, UAE, Dec. 7, 2021 \/PRNewswire\/ —\u00a0Global payments and cards issuance leader Nium<\/a><\/u>\u00a0and Oman’s leading remittance and money exchange company, Modern Exchange Co.<\/a>\u00a0today announced a strategic partnership that\u00a0will see Modern Exchange Co. leverage Nium’s global payments infrastructure in key markets and regions such as APAC, Canada, Europe, Latin America, the UK and the US.<\/p>\n

As the country moves rapidly towards a more digitised, seamless, and transparent system of processing both national and international payments, companies like Modern Exchange Co are embracing the adoption of digital payments and looking for trustworthy partners like Nium to help with their global growth strategy.<\/p>\n

Through this partnership with Nium, Modern Exchange Co. will be able to connect to correspondent banks worldwide, wherein customers can make payments to beneficiaries’ accounts in real-time. Customers can access the Modern Exchange Co. mobile app and payment link for remittances to any country around the globe from anywhere, at very competitive charges and FX rates.<\/p>\n

“<\/i> We are honoured to partner with Modern Exchange Co., Oman’s leading remittance provider and a company that is at the forefront of technology and innovation. With 36 branches spreading over the entire Sultanate of Oman, the company is set to grow its footprint globally and develop its digital payments offering internationally and we are excited to be their partner on this journey. Our global platform will enable Modern Exchange Co customers to reach beneficiaries in countries across the globe and make payments in<\/i> \u00a0local currencies in a simple, timely and cost-saving manner,<\/i> ” <\/i> said Frederick Crosby, Chief Revenue Officer at Nium.<\/b><\/p>\n

Nium’s pay-out capability<\/a>\u00a0will enable Modern Exchange Co. to provide:<\/p>\n