July 8, 2025
- Core Platform
- Issuance and Cards
- Payouts and Payins
Core Platform
Enhancements
New Fee Details V3 request
Nium has enhanced our customizable pricing options. This includes pricing based on different payout and payin methods and tiered pricing. To view pricing based on these advanced options, use the Fee Details V3 request. Other enhancements include:
- Enhanced the labels for
Fee_Debit
transactions by returning additional information on the fees charged to customers. For more information, see Fees. - See the
feeName
field to understand which predefined fee was charged for a transaction. - Refer to the
tierType
field to see if the fee is based on a tier or non-tier rule. - See the
condition
field to understand the conditions where a fee is charged. This includes factors likesource_currency
,destination_currency
, anddestination_country
.
For more information, see Fee Details V3.
EU, UK and SG Documentation Verification
We've extended Know Your Customer (KYC) E_DOC_VERIFY
documentation verification for stakeholders in the EU and United Kingdom. We've also extended E_KYC
and E_DOC_VERIFY
documentation verification to Singapore.
This change helps simplify the KYC process in the EU, where previously a notarized document was required to onboard beneficial owners.
For details on how to generate a redirectURL
for any stakeholders in these regions, see Corporate Customers.
No Expiry for redirectURL
We've removed redirectURL
expiration across all regions.
Session expiration is still in place in case a customer begins onboarding but doesn't complete it in a single session.
When a session expires, customers will be able to use the same redirectURL
.
Standardized Letter of Authorization
We've standardized our Letter of Authorization (Power of Attorney) across all regions.
For more information, see Letter of Authorization.
Issuance and Cards
There are no changes at this time.
Payouts and Payins
There are no changes at this time.