Thunes Introduces Groundbreaking Pay-to-Card Solution
Thunes, positioned as a pioneering force in the global payment ecosystem, has announced the launch of its revolutionary Pay-to-Card solution. This innovative service significantly expands the company's Global Direct Network, enabling seamless connections for its members to access 15 billion cards worldwide, including major networks like Mastercard, Visa, and UnionPay. The introduction of this solution aims to enhance the speed and accessibility of cross-border payments, making the monetary flow more efficient than ever.
Bridging Global Payment Gaps
This new development equips Thunes with the ability to facilitate real-time payouts to an astonishing 22 billion endpoints across the globe. This achievement builds on their previous capabilities, which already allowed instant payments into over 7 billion mobile wallets and bank accounts. With the Pay-to-Card solution, Thunes continues to break barriers by promoting interoperability in the payments sector, enhancing global money movement.
Enhancing Technological Efficiency
At the core of this advanced solution lies the Thunes technology suite, which comprises its Direct Global Network, SmartX Treasury System, and Fortress Compliance Platform. These technological advancements provide members with unparalleled benefits in terms of speed, control, visibility, protection, and cost-effectiveness for global payments. They streamline transactions across borders while ensuring compliance with global regulatory standards, thus ensuring a high level of security and transparency throughout the payment process.
Visionary Leadership Speaks
Floris de Kort, CEO of Thunes, expressed his enthusiasm about this milestone achievement: "The launch of the Pay-to-Card solution marks a transformative step for Thunes. It empowers our members to execute real-time payouts to billions of cards globally, enhancing the connection apparatus that allows access to over 7 billion mobile wallets and bank accounts. This progress allows fluid cross-border payments with remarkable efficiency, transcending transaction types and barriers."
Expansion and Innovation
Further emphasizing this initiative, Chloe Mayenobe, President and COO of Thunes, stated: "We are solidifying our position in the cross-border payment landscape with this launch. Thunes is not just enhancing our services but is continuously expanding our global reach to cater to diverse payment needs across multiple markets. Our focus is on supporting the unique requirements of industries such as Super Apps, Gig Economy leaders, and Money Transmitters, as the demand for fast and reliable payment solutions surges. We are committed to leading innovation, linking trailblazing Fintech Innovators, Financial Institutions, and Marketplaces across the global financial ecosystem."
Explore the Diverse Financial Ecosystem
Thunes operates under its proprietary Direct Global Network, which allows members to make real-time payments across over 130 countries and utilize more than 80 currencies. The network connects directly to over 7 billion mobile wallets and bank accounts, alongside an impressive roster of 15 billion cards dispensing through more than 320 different payment methods. This breadth of connectivity ensures the network supports a wide array of systems like GCash, M-Pesa, and WeChat Pay among others.
About the Company
Headquartered in Singapore, Thunes maintains a presence in 15 global offices spread across cities, enabling them to function as a vital link in the global payments landscape. The array of clients served by Thunes includes major names in the gig economy such as Uber and Deliveroo, alongside prominent super-apps like Grab and WeChat, fintech companies, payment service providers, and banks, further showcasing the vastness and potential of its network.
Frequently Asked Questions
What is the Pay-to-Card solution?
The Pay-to-Card solution allows Thunes members to make real-time payouts to billions of cards globally, enhancing the efficiency of cross-border transactions.
How does Thunes ensure compliance?
Thunes guarantees compliance with global regulatory standards through its Fortress Compliance Platform and robust technological frameworks.
What markets does Thunes cater to?
Thunes services diverse sectors including Super Apps, gig economy enterprises, and money transmitters around the world.
How many countries does Thunes operate in?
Thunes operates in over 130 countries, with access to more than 80 currencies via its network.
Who are some notable clients of Thunes?
Notable clients include Uber, Deliveroo, Grab, and WeChat among others, showcasing Thunes' vast reach in the payments sector.