Cross-border payments company, Nium, has launched a Diners Club International Card for its travel customers.
This move sees Nium become one of the first global card issuers in the travel space to offer cards across the four major schemes.
Diners Club International, which is a part of Discover Global Network, provides travel corporations and business owners with a range of payment and expense management solutions. Diners Club Card holders benefit from acceptance at more than 55 million global merchant locations1 and over 1.2 million ATMs, as well as access to over 1,500 airport lounges and experiences worldwide.
The addition of the Diners Club International Card – which is a part of Discover Global Network and provides a range of payment and expense management solutions – will optimise costs, improve acceptance, and increase optionality for Nium’s virtual card travel customers.
It will also enhance Nium’s growing airline payments offering, the travel industry’s first ‘closed-loop’ B2B payment method for online travel agents and their airline partners.
“The premium proposition offered by Diners Club International is perfectly aligned with Nium’s ambition to deliver best-in-class payment solutions to its travel intermediary, airline, and global partners,” said Matt Sloan, vice president, international markets EMEA at Discover.
“Diners Club International’s unique partnership model has built a strong acceptance footprint around the world.
He added: “Complemented by Nium’s expansive real-time payments network, we are now able to reach even more global markets and members than before.”
Mark Anthony Spiteri, SVP & global head of card business of Nium, said: “Expanding our payments offering with Diners Club International underscores Nium’s commitment to delivering innovative and flexible solutions that meet the evolving needs of the travel ecosystem.
“Building on our real-time cross-border payments network spanning over 220 markets, our ability to issue virtual cards across four of the world’s leading payment schemes – Visa, Mastercard, UATP, and now Discover – gives our customers unparalleled global access, so they can scale their businesses seamlessly across borders and industries.”
The new offering is available internationally.
