Thunes is adding real-time payout capabilities to its global network, giving businesses outside the country a more direct route for sending USD payments into the US.
Members of the Thunes Direct Global Network can now send payments into the US through Automated Clearing House, Same-Day ACH and real-time payment rails using a single API.
The service is supported by Thunes’ direct connection to a tier 1 US financial institution and its 50 Money Transmission Licenses across US states and territories.
The setup is designed to reduce delays, lower transaction costs and cut the risk of payment rejections by avoiding multi-layered intermediary arrangements.
The launch is aimed at gig economy platforms, money transfer operators, payment service providers, banks and neobanks that need to send funds into the US.
Thunes’ Direct Global Network provides access across 140 countries, supports 90 currencies and reaches more than 12 billion mobile wallet, stablecoin wallet and bank account endpoints.
Chloé Mayenobe, Deputy CEO of Thunes, said,
“By leveraging our licenses across the states to introduce connections to direct, real-time domestic rails alongside institutional-grade USD clearing, we are addressing a multi-trillion-dollar market gap.
Thunes is making large-size B2B payments instant and friction-free and making consumer payouts easier than ever, giving our Members in the rest of the world the ability to payout into the US like locals.”
Ximena Azcuy, Head of Network, Americas at Thunes, said,
“Our direct integration with a primary US financial institution is an absolute game-changer for international businesses and end users.
We are opening the floodgates for seamless, high-volume cross-border money movement into the United States.”
Featured image: Edited by Fintech News Singapore, based on image by user8647581 via Magnific
