The partners aim to revolutionise global hotel payment processes. Credit: Natee Meepian via Shutterstock

Luxury tour operator Scott Dunn has joined forces with Nium, a leader in real-time cross-border payments, to enhance payment processes for its global network of hotel providers.

The collaboration aims to simplify transactions, improve efficiency and boost security within the travel industry.

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Nium’s virtual card solution empowers travel intermediaries to make payments to airlines, hotels and other entities within the global travel ecosystem.

The method facilitates transactions in more than 20 local currencies, offering a more streamlined, cost-effective and secure payment process.

Benefits for Scott Dunn and hotel partners

Scott Dunn’s extensive network of global hotel partners stands to benefit significantly from the partnership. By adopting Nium’s virtual card solution, they gain improved reconciliation, enhanced card scheme protection and quicker access to funds.

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These advantages help maximise working capital and improve cash flow, ultimately contributing to a smoother operation for both Scott Dunn and its hotel partners.

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Driving growth and enhancing customer experiences

Scott Dunn’s collaboration with Nium has yielded positive outcomes from 2023 to 2024. The luxury tour operator has expanded its offering to include new hotel destinations that were previously inaccessible.

It has also witnessed improved conversion rates among its customer base and strengthened relationships with providers. Mark Woodall, chief financial officer at Scott Dunn, attributes these achievements to Nium’s innovative payment solution.

The partnership between Scott Dunn and Nium marks another milestone for the fintech company as it continues to revolutionise payment processes within the travel industry.