Global cross-border payments firm Thunes announced a partnership with the Buy Now Pay Later (BNPL) services provider Afterpay, known as Clearpay in the UK and Europe.
Thunes can now offer Clearpay’s BNPL solution to its network of gateways, merchants and marketplace partners.
Having acquired major payment institution licenses in Europe, Singapore and the UK, Thunes is able to offer global merchants, marketplaces and payment service providers the flexibility to accept and make cross border payments with this new BNPL solution.
Christophe Bourbier, CEO, Thunes Collections said,
“There are many reasons why this partnership is so important for Thunes: BNPL solutions are seeing accelerated adoption and strong consumer demand.
Moreover, Buy-Now-Pay Later solutions also demonstrate significant potential for our merchants and partners: they provide opportunities for revenue growth, enhanced customer experience, and overall generate positive economic impact.”
Aida Faivre, Country Manager, France, Clearpay said,
“ As younger shoppers embrace BNPL as a more convenient and safe form of payment, Clearpay has proven to be the payment platform of choice for these customers who are adverse to using credit products.
Merchants too, have benefited greatly with improved basket conversion, brand exposure and lifts in average order value,”