Thunes Introduces Real-Time Payments in Morocco
Thunes, recognized globally as the intelligent superhighway for international money transfers, is making waves with its latest offering of
real-time payment services in
Morocco. This launch allows members of Thunes' Direct Global Network to facilitate instantaneous payments directly to bank accounts within Morocco. This development aims to cater to the increasing demand from consumers for quicker cross-border trade solutions.
The significance of Morocco in the regional economy cannot be understated, as it stands as one of Africa's leading recipients of remittances. According to a 2023 report by the World Bank, over
$11.5 billion was remitted to Morocco, highlighting the necessity for efficient and affordable cross-border payment solutions.
The Influence of Speed on Payment Choices
A recent study by Thunes, detailed in their
2025 Money Without Borders Report, emphasizes the critical role that transfer speed plays in the decision-making process for expatriates when choosing payment methods. Remarkably,
65% of respondents indicated that speed is their top priority. Thunes addresses this need by establishing direct connections to Moroccan banking networks, which will ensure that transactions are processed not only faster but also with greater transparency compared to traditional systems.
Expert Insights on Demand for Seamless Transactions
Aik Boon Tan, the head of network at Thunes, remarked, “With the rising demand for seamless real-time payments into North Africa, Thunes is committed to providing quick and reliable alternatives to conventional systems. Our recent expansion into Morocco, which is a monumental step for Thunes, allows our members globally to significantly enhance the speed of their cross-border transactions for both consumers and businesses.” Another key figure at Thunes, Chloé Mayenobe, CEO, echoed this sentiment, emphasizing that speed is no longer just a preference but an expectation. “Our introduction of direct payments to Morocco empowers our members to conduct faster, more affordable, and transparent transactions in one of Africa's most important markets,” she stated.
Strengthening Market Position
Thunes' latest move not only reinforces its position as a frontrunner in enabling cross-border real-time payments but also boosts the company's mission of integrating the next billion users into the global economy. This extension supports greater financial inclusion for those wishing to transfer money into Morocco.
Thunes' Direct Global Network facilitates real-time payments in
over 130 countries and more than
80 currencies. With direct access to more than
7 billion mobile wallets and bank accounts worldwide, coupled with over
320 different payment methods, Thunes is setting a new standard in payment processing. Its database includes prominent names in the gig economy like
Uber and
Deliveroo, alongside super-apps like
Grab and
WeChat. Given its headquarters in
Singapore and operations spanning 14 global locations such as
Atlanta,
Barcelona,
Beijing,
Dubai, and
London, Thunes is committed to ensuring unrivaled speed, control, transparency, security, and cost efficiency in real-time payments worldwide.
For anyone looking to understand the future of finance, Thunes’ latest initiative highlights a significant advancement towards enhancing the speed and efficiency of cross-border transactions, ultimately paving the way for a more connected global economy. To learn more about their services and innovations, visit
Thunes website.