Nium, a leader in real-time cross-border payments, has joined forces with Thredd, a premier payments processor, to enhance B2B travel payments in the Asia Pacific (APAC) region through the issuance of virtual cards. This collaboration taps into the growing demand for secure and efficient payment solutions in the travel sector, particularly among travel brokers. Nium’s virtual card technology enables secure and seamless payments to global travel providers, including hotels and airlines, leading to increased security, streamlined efficiency, and cost savings. Forecasts from Thredd predict significant growth in B2B travel transactions, with APAC poised to reach $480 billion by 2027.