Global FinTech Platform Nium Announces Expansion of Remittance Routes for E9pay Customers
Source: Yahoo Finance
Global fintech infrastructure platform Nium announced today a partnership with the Republic of Korea's leading digital remittance provider E9pay to expand and enhance remittance offerings for E9pay's corporate and individual customers. The expanded offerings include real-time international money transfers to new markets, such as major corridors in Europe, Indonesia, India, and the US for E9pay's customers.
The remittance industry in South Korea has grown significantly since the deregulation of remittance back in 2008. Known as one of the most technologically advanced markets in the world, South Koreans have quickly integrated money transfers with financial technology, and most do not carry cash around these days.