Thunes Broadens Its Payment Network Across Five Southeast Asian Nationsby Fintech News Singapore September 28, 2023
Global cross-border payments infrastructure network Thunes has expanded its payment acceptance network to include Singapore, Malaysia, Indonesia, the Philippines, and Thailand.
This expansion will enable European and international merchants to receive payments from consumers in Southeast Asia and settle in their currency of choice.
Singapore’s popular systems like Atome, GrabPay, and PayLater by Grab are now on board. For Malaysia, the network now includes DuitNow, Boost, GrabPay, Maybank QR, ShopeePay, and Touch ’n Go.
Meanwhile, platforms such as Alfamart, DANA, OVO, QRIS, and ShopeePay have been incorporated in Indonesia.
The Philippines sees the addition of Cebuana Lhuillier, GCash, GrabPay, InstaPay, Maya, PESONet, and ShopeePay.
Lastly, in Thailand, Thunes has brought in Bangkok Bank, Bank of Ayudhya – Krungsri, KBank, Krungthai Bank, SCB, PromptPay, and Rabbit LINE Pay.
Andrew Stewart, Executive Vice President of Account Management and Network said,
“At Thunes, we’ve hand-picked the most relevant payment brands in Southeast Asia to help merchants in gaming, eCommerce and marketplace platforms enter new markets and expand their footprint.
Through our extensive acceptance network comprising 300 payment methods in 90 countries, businesses can easily tap into the vast digital-first consumer market, creating instant connections with millions of potential clients.”