Global payments company Thunes has launched a new service that enables banks to send payments directly to mobile wallets worldwide.
By utilising their existing Swift connectivity, banks can now access Thunes’ Direct Global Network and process transactions to over 3 billion mobile wallets in 130 countries through 120 mobile wallet brands.
This eliminates the need for separate technical integration and allows for faster, more transparent cross-border payments.
The service also provides access to Thunes’ SmartX Treasury System and Fortress Compliance Platform for speed, control, visibility, protection, and cost efficiencies, enhancing payment management and security.
Floris de Kort, CEO of Thunes, said,
“Opening our Thunes’ Direct Global Network Membership to the banking community perfectly aligns with our mission to make the global economy accessible to all.
We’re transforming the cross-border payment experience for financial institutions and their customers, building bridges between bank and wallet ecosystems to facilitate frictionless payments in previously unreached regions.”
Chloé Mayenobe, President and COO at Thunes, said,
“By connecting to Thunes’ Direct Global Network, we’re unlocking new possibilities for the banking community, expanding their reach into the world of mobile wallets.
This solution enables seamless, real-time cross-border payments to over 3 billion mobile wallets, empowering financial institutions to deliver faster, more transparent transactions while enhancing financial inclusion in underserved regions.”
Featured image credit: Edited from Freepik
