Nium pairs up with Queen Bee Capital for Japanese payments

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Valentina Vitali
Valentina Vitali
FXC Intelligence Research Analyst
Valentina is a Research Analyst at FXC Intelligence, the data sister company of FXcompared. Valentina is passionate about payments and fintech. Valentin enjoys analysing money transfer companies and… Read more
  • Queen Bee Capital, which is a provider of global payments services, has announced that it will work with Nium as part of a push to improve international payments services in the country.
  • Thirty global currencies will be supported through the new arrangement, and it will be possible for customers to send money to more than 200 nations around the world.
  • “Our platform will enable QBC to provide its customers with seamless real-time payment services to more countries and regions around the world,” said a senior spokesperson for Nium.

Nium, a leading provider of card issuance and global payments services, has confirmed that it will work alongside a Japanese payments firm.

The firm said that it will work with Queen Bee Capital to offer better international money transfer services in the major East Asian country.

The new service is expected to cater to both consumer and company-level customers, and will see Queen Bee Capital use Nium’s advanced and developed payout infrastructure, according to remarks shared in a press release.

This will see customers enjoy cost-friendly and non-opaque payment solutions for payments coming out of Japan, it is believed.

It is expected that payments will be able to be made in 30 global currencies, and that they will reach more than 200 nations around the world.

These are set to include Singapore, Australia and the US.

Also on the list are some European nations as well as Latin American ones such as Mexico and Brazil.

In a statement, the chief revenue officer at Nium said that the company was “delighted” to make the new arrangement public.

Frederick Crosby said that Queen Bee Capital was one of the inaugural pairings for the company in the Japanese market.

“We are delighted to announce our partnership with Queen Bee Capital, one of Nium’s first partners in Japan.”

He went on to say that the Nium platform provided an opportunity for Queen Bee Capital to offer its customers improved payment services that could be settled instantaneously and that could be pulled off without a hitch.

“Our platform will enable QBC to provide its customers with seamless real-time payment services to more countries and regions around the world,” he explained.

For Queen Bee Capital, meanwhile, the firm’s president pointed out that Nium has an excellent reputation when it comes to cross-border payments.

Shenbo Huang said that Nium was already an “established global leader in overseas payments”.

He also argued that it was possible for the firm to significantly enhance its global reach through integration methods.

“By integrating with their platform, we’re easily able to cost-effectively reach more corners of the world – most in real-time. We look forward to expanding our relationship in the future,” he said.

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