Scott Dunn selects Nium to improve hotel cash flow management with virtual card payments 

Scott Dunn selects Nium to improve hotel cash flow management with virtual card payments 

Nium, the chief in real-time cross-border funds, at this time introduced its partnership with luxurious tour operator Scott Dunn to situation digital playing cards to its world community of lodge suppliers. Nium’s digital card answer allows journey intermediaries to successfully pay airways, lodges, and the worldwide journey ecosystem through extra environment friendly, cost-effective, and safe transactions in additional than 20 native currencies.

Scott Dunn’s in depth community of world lodge companions profit from improved reconciliation, card scheme safety, and faster entry to funds, serving to to maximise working capital and enhance money circulation.

In 12 months since working with Nium, Scott Dunn has been ready so as to add new lodge locations to its providing that it couldn’t earlier than, enhance conversion charges amongst its buyer base, and strengthen its supplier relationships.

“Accelerated by the post-pandemic journey increase, high-net value people and households are searching for new experiences and extra bespoke holidays than ever earlier than. In a brief time period, Nium‘s modern digital card fee answer has enabled us to develop our world footprint by providing extra selection, flexibility, and management to our new and current lodge companions around the globe, in flip driving deeper connections, higher costs, and improved experiences for our prospects,” stated Mark Woodall, Chief Monetary Officer at Scott Dunn.

“For many years, funds have been perceived as a crucial value of doing enterprise, and the journey business is not any exception,” stated Spencer Hanlon, World Head of Journey Funds at Nium. “Our partnership with Scott Dunn is a superb instance of how that is altering. At this time, digital card options are serving to journey companies unlock worth from funds to create new income streams and differentiate from the competitors. We sit up for persevering with to assist Scott Dunn speed up development and meet the wants of its prospects with our modern fee options,” he added.

The announcement follows the latest information of Nium’s partnership with Secret Escapes because the fintech continues on its mission to remodel the way in which lodges receives a commission worldwide. Its mixture of digital card options with an in depth real-time cross-border funds community for collections and payouts to financial institution accounts, digital wallets, and playing cards in over 100+ currencies and 190+ markets provides a singular proposition for the journey business.




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