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July 8, 2025

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 like source_currency, destination_currency, and destination_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.