Nium: Partners Banco Hipotecario

  • Announced a strategic collaboration to enhance the international transfer offerings for consumers and businesses across the country
  • The partnership will open the door for new international payments corridors beyond Latin America, and introduce convenient, secure
  • In recent years, digital banking services have consistently gained market share and popularity in El Salvador
  • COVID-19 has also greatly accelerated Salvadorans’ adoption of digital payment for personal and commercial uses
  • Banco Hipotecario has selected Nium as their payments partner to enhance the cross-border payments experience
  • The integration of Nium’s network powered by an extensive portfolio of global licenses and tech assets
Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

You May Also Like

NYSE Parent Invests $600M in Polymarket, Strengthening Market Position

This significant investment signals confidence in the future of predictive markets.Highlights: NYSE's parent company allocates $600M to Polymarket.Investment...

Nexi Expands SEPA Direct Debit with Danish Banks, Enhancing Payments Integration

Nexi's collaboration with Danish banks aims to strengthen payment services across Europe.Highlights: Nexi partners with several Danish banks...

Lloyds Confirms App Glitch Exposed Data of Almost Half a Million Customers

The significant data breach prompts concerns over customer privacy.Highlights: Lloyds Banking Group admits to a data breach affecting...

Mastercard Restricts Sale of Nets Payments Unit Purchased for $3.2 Billion

Mastercard looks to divest its Nets payments segment as part of strategic realignment.Highlights: Mastercard is seeking to sell...