Used For

• +**Your supplier payments sit in banking limbo for a week** → Money arrives in minutes using local payment rails instead of correspondent banks
• +**You're paying 2.5% extra in wire fees and intermediary charges** → Direct bank partnerships cut out the middlemen and hidden costs
• +**Your employees overseas wait days for expense reimbursements** → Issue company cards that work globally with real-time spend controls
• +Connects to other tools through APIs - your developers build custom payment flows instead of using pre-made dashboards
• +Handles currency conversions automatically - no more manual FX calculations or weekend delays

Best For

• >Your wire transfers to suppliers take 5 days and you're bleeding money on delays
• >You're a fintech trying to launch globally without getting 190 banking licenses
• >Your payroll team manually processes payments in 20+ countries every month

Not For

• -Small businesses under 50 people — this is enterprise-level complexity and pricing for simple payment needs
• -Companies without developers — everything runs through APIs, no plug-and-play dashboards like Wise or traditional banks
• -Anyone wanting transparent pricing — it's all custom quotes and enterprise sales calls

Pairs With

• *Slack (where your finance team celebrates when that urgent supplier payment actually went through in 10 minutes)
• *PostgreSQL (to store transaction records and webhook data since everything flows through APIs)
• *Salesforce (to trigger automatic commission payouts when deals close globally)
• *QuickBooks (for reconciling all those real-time transactions your accounting team isn't used to)
• *Zapier (to connect Nium's webhooks to tools that don't have direct integrations)
• *Wise (for the small stuff - Nium handles enterprise volume, Wise covers your one-off payments)

The Catch

• !Setup takes 1-2 weeks minimum because everything is custom configuration, not click-and-go like simpler alternatives
• !You'll need dedicated developer time for API integration and webhook management — this isn't finance team friendly
• !No public pricing means you're at the mercy of enterprise sales negotiations based on your volume

Bottom Line

Turns 5-day wire transfers into real-time payouts, but you'll need developers and enterprise budgets to make it work.