[Global] Remote partners with Nium to boost international payroll capabilities

Global HR platform Remote has partnered with Nium, the global leader for real-time cross-border payments, to boost its international payroll capabilities, PR Newswire reports.

The partnership will be launched globally, enabling businesses to send employee payroll and contractor payments worldwide instantly.

The partnership will initially launch in 20+ markets across Europe, the UK and Asia, supporting disbursement models including corporate payroll and contractor payments. There are reportedly plans to add further payment corridors, markets, and methods to the combined offering in the future.

Job van der Voort - Remote CEO and Co-Founder - said, "As companies become increasingly global, the complexities of expanding compliantly across international borders also grow. Our partnership with Nium is designed to address these complexities head-on. Payroll is at the heart of any business and our partnership provides customers even greater confidence in their abilities to grow teams that stretch globally and still get paid on time, every time, in their local currency – no matter where they are in the world."

With access to Nium's global real-time payments infrastructure, Remote can provide its clients with multi-currency wallets, allowing funding in over 20+ local currencies and avoiding the hassle of setting up and managing local bank accounts. Live interbank exchange rates can be locked in for up to 24 hours and converted to make cross-border payroll in bulk. Employee and contractor payouts can be sent via flexible payment options to bank accounts, cards, and e-wallets in over 220+ markets and 100+ real-time corridors around the world.

Prajit Nanu - Nium CEO and Founder - said, "If businesses want to stay competitive, it's crucial that mission-critical payments like payroll don't just work, but work well. And yet, companies continue to rely on legacy infrastructure or limited cross-border payment solutions to pay their employees and contractors worldwide.

"After all, payroll isn't just about money. It's about employers finding new ways to deepen connections, improve retention, and say thank you to their increasingly diverse and globally dispersed employees. We're helping Remote deliver this differentiation to its customers and look forward to enabling people and businesses all over the world to realise the full potential of real-time cross-border payments together." 

Source: PR Newswire

(Quotes via original reporting) 

Global HR platform Remote has partnered with Nium, the global leader for real-time cross-border payments, to boost its international payroll capabilities, PR Newswire reports.

The partnership will be launched globally, enabling businesses to send employee payroll and contractor payments worldwide instantly.

The partnership will initially launch in 20+ markets across Europe, the UK and Asia, supporting disbursement models including corporate payroll and contractor payments. There are reportedly plans to add further payment corridors, markets, and methods to the combined offering in the future.

Job van der Voort - Remote CEO and Co-Founder - said, "As companies become increasingly global, the complexities of expanding compliantly across international borders also grow. Our partnership with Nium is designed to address these complexities head-on. Payroll is at the heart of any business and our partnership provides customers even greater confidence in their abilities to grow teams that stretch globally and still get paid on time, every time, in their local currency – no matter where they are in the world."

With access to Nium's global real-time payments infrastructure, Remote can provide its clients with multi-currency wallets, allowing funding in over 20+ local currencies and avoiding the hassle of setting up and managing local bank accounts. Live interbank exchange rates can be locked in for up to 24 hours and converted to make cross-border payroll in bulk. Employee and contractor payouts can be sent via flexible payment options to bank accounts, cards, and e-wallets in over 220+ markets and 100+ real-time corridors around the world.

Prajit Nanu - Nium CEO and Founder - said, "If businesses want to stay competitive, it's crucial that mission-critical payments like payroll don't just work, but work well. And yet, companies continue to rely on legacy infrastructure or limited cross-border payment solutions to pay their employees and contractors worldwide.

"After all, payroll isn't just about money. It's about employers finding new ways to deepen connections, improve retention, and say thank you to their increasingly diverse and globally dispersed employees. We're helping Remote deliver this differentiation to its customers and look forward to enabling people and businesses all over the world to realise the full potential of real-time cross-border payments together." 

Source: PR Newswire

(Quotes via original reporting)