Nium partners with Stellar Development Foundation to enable fiat payouts in 190 countries via API integration, allowing businesses to access real-time cross-border payment services without building their own infrastructure.
Money movement platform Nium has partnered with the Stellar Development Foundation to offer fiat payouts across 190 countries through an API connection that conforms to interoperability standards. The integration enables businesses on the Stellar network to access real-time payment services and scale their global money movement capabilities without building proprietary payment infrastructure. Nium processes over 75% of its transactions globally in real time and recently expanded its licensed operations in Malaysia, allowing it to onboard financial institutions and payment service providers with higher outbound limits. The partnership leverages Stellar's fast and efficient blockchain infrastructure to improve cross-border payouts while reducing risk.