Paycell partners with Nium to boost international money transfers
By Leandra Monteiro
Paycell, Türkiye’s next-generation digital payment platform, announced a strategic partnership with Nium, the platform for global money movement, to offer international money transfers from account to account using Nium’s business payments infrastructure. The partnership makes life easier for Paycell users to perform fast, safe, reliable, and affordable international money transfers.
With Nium’s account-to-account money transfer infrastructure, users can perform international money transfer transactions without paying high commission fees and in a shorter time compared to their alternatives. With 24/7 transaction access, buyers also have instant access to the funds sent to them.
Paycell, CEO, Serhat Dolaz said, “We offer fast and comprehensive solutions to those looking for innovation. Parallel to the rapid change in purchasing and payment methods, users are looking for innovative, easy and low-cost solutions in money transfer. At Paycell, we continue to increase our cooperation to meet this need. Paycell, which we develop day-by-day in line with the vision of being the richest platform in its field, stands out as Türkiye’s most inclusive financial services platform. We are excited to provide Nium’s fast and secure payment solutions for Paycell’s customers. Thanks to the Nium and Paycell partnership, international money transfer transactions are now getting easier. It is possible to send money without paying high commission fees and wasting time.”
Frederick Crosby, Chief Revenue Officer, at Nium said, “Our partnership with Paycell showcases how our solutions can be embedded and customized to add value to the world’s largest enterprises. We provide a faster, cost-effective money movement alternative to traditional rails that helps large enterprises increase their topline revenues, and we look forward to growing our relationship with Paycell as their user needs evolve globally.”
IBSi Daily News Analysis
February 23, 2024
Cross Border Payments
Regulated firms battle surge in financial crime attempts, research revealsRead More
IBSi FinTech Journal
- Most trusted FinTech journal since 1991
- Digital monthly issue
- 60+ pages of research, analysis, interviews, opinions, and rankings
- Global coverage