G2 Travel, a service-driven wholesale tour operator offering a range of solutions for group travel globally, has improved its ability to pay hotel partners across the globe following a new partnership with cross-border payments infrastructure provider Nium.
Using the virtual card payment solution provided by Nium, G2 Travel will add more local currencies to its offering and make supplier payments faster, more efficient and more secure. The partnership will look to tackle challenges that have long riddled the hospitality industry – primarily issues associated with payment failures and fraud risks.
Nium’s virtual card solution addresses these issues by offering G2 hotel partners faster settlements, automated reconciliation, and broader acceptance — enhancing both security and payments efficiency. Through this partnership, G2 Travel will leverage Nium’s ability to issue Visa and Mastercard-accepted virtual cards globally, with access to over 20 local currencies.
The collaboration already supports multiple live currencies, although G2 Travel plans to expand its global payment capabilities with Nium, adding more virtual card currencies and further enhancing its group business offerings.
Meeting rising demands
G2 Travel will use Nium-issued virtual cards to pay a vast network of directly contracted hotels. Nium’s real-time funding and issuing capabilities help to streamline bulk reservations, improving hotels’ cash flow and unlocking working capital.
“We chose Nium for their unmatched global reach and currency coverage, making them the ideal partner for powering worldwide hotel payments. With Nium, we have the scale we need to tap into high-growth markets and meet rising demand for quicker, more secure, and reliable payments across the travel ecosystem, now and in the future,” said David Littlefair, founder at G2 Travel.
“By combining our travel payments expertise with G2’s global distribution network, we’re helping hotels get paid faster, reduce fraud, and improve cash flow — so they can focus on creating exceptional guest experiences. We’re excited to see this partnership grow as we expand into new markets and solutions, delivering the benefits of virtual cards to more travel intermediaries and accommodation providers around the world,” said Max Lehmann, SVP head of enterprise and travel, Europe at Nium.
