Thunes Collaborates with Fiserv for Global Payment Solutions
In a significant step for international payment systems, Thunes, renowned as the 'smart highway' for global money transfers, has announced a strategic collaboration with Fiserv, a leading global provider of payment and financial services technology. This partnership aims to transform how global platforms and marketplaces handle cross-border payments, making transactions more streamlined and efficient.
As a result of this collaboration, merchants within the Fiserv ecosystem will now have the capability to facilitate real-time international payments through a single integration. This advancement will enable e-commerce platforms and various other Fiserv clients to conduct instant transactions worldwide, whether to pay employees, settle invoices, or compensate service providers.
Leveraging Thunes' extensive direct global network, Fiserv clients can connect with over 12 billion bank accounts and mobile wallets across more than 140 countries and 90 currencies. This vast network ensures that businesses can conduct their transactions more efficiently and securely regardless of geographical boundaries.
Sanjay Saraf, Product Director at Fiserv Merchant Services, emphasizes the need for robust payment solutions aligned with businesses' growth ambitions. He states, "As merchants expand their operations internationally, they need payment solutions that are as seamless as their growth aspirations. Our collaboration with Thunes helps businesses achieve international money transfers with greater speed, transparency, and predictability."
The significance of this partnership extends beyond mere convenience; it sets the stage for a new era of global commerce. Chloe Mayenobe, Deputy General Manager of Thunes, expressed her excitement about establishing a cross-border payment infrastructure for Fiserv, pushing the boundaries of what is possible for its clients. She stated, "This collaboration reaffirms Thunes' ability to support major fintech companies globally through a robust network designed to facilitate compliant and efficient cross-border payments. We are contributing to shaping the future of global commerce by making cross-border payments transparent, reliable, and instantaneous."
Kyle Rosen, Head of Americas at Thunes, added, "This collaboration with Fiserv aligns with the strong momentum we are building in the United States. American platforms and marketplaces have faced significant hurdles in executing global payments. Together, Thunes' licensed payment capabilities in the U.S. and Fiserv's merchant ecosystem will enable businesses looking to leverage global growth to operate more swiftly and effectively. We are thrilled to be the infrastructural engine powering this new chapter of real-time commerce for American businesses."
The announcement highlights a crucial milestone in Thunes' expansion across the American continent, as the company has obtained money transfer licenses in all U.S. states where required. Thunes aims to continue bolstering its support for leading fintech companies in the U.S. and around the world, facilitating fast, secure, and reliable international money transfers through its Direct Global Network.
In summary, the partnership between Thunes and Fiserv is poised to revolutionize the landscape of international payments, offering businesses a robust solution to meet the demands of a rapidly globalizing market. As these two industry leaders join forces, the future of payments appears more interconnected, transparent, and efficient than ever before.
For further details, visit
Thunes.