#None #Thunes #Global Network #Nordic Payments

Thunes Expands Its Direct Global Network into the Nordics

Thunes, recognized as the Smart Superhighway for global money transfers, has officially announced the expansion of its Direct Global Network into the Nordic countries—Denmark, Norway, and Sweden. This strategic move is set to enhance payment solutions and foster seamless cross-border transactions for its members, both in consumer and business spheres.

Enhancing Payment Capabilities

With this expansion, Thunes now offers direct Pay-to-Bank services that empower users to make rapid payments to bank accounts situated in the Nordic region. Utilizing state-of-the-art technology, this service allows transactions to bypass traditional legacy systems known for their inefficiencies and slow processing times. Direct corridors have been introduced, enabling payouts in the local currencies: Danish Krone (DKK), Norwegian Krone (NOK), and Swedish Krona (SEK).

The Nordic market is incredibly significant; in 2024, its export volumes exceeded USD 600 billion, with inbound remittances reaching USD 5.4 billion in 2023—proof of the region's economic vitality according to the World Bank. As businesses and individuals demand faster, more transparent payment solutions, Thunes aims to meet this need through its advanced network.

Innovative Technology Integration

This expansion leverages Thunes’ robust API integration, capitalizing on the advanced capabilities of the SmartX Treasury system and the Fortress Compliance platform. Such integration ensures that members receive superior speed, control, and cost-efficiency when processing cross-border payments. Aik Boon Tan, Chief Network Officer at Thunes, emphasized the significance of this development, stating, "This expansion marks a significant development for Thunes and our Members, reinforcing our commitment to delivering seamless and reliable real-time cross-border payments globally."

Real-time Payment Opportunities

The new direct bank payout capabilities established for Denmark, Norway, and Sweden significantly enhance Thunes' network functionality. Chloé Mayenobe, President and COO at Thunes, articulated the transformative impact of the new payout corridors: "We’re empowering businesses and individuals with faster, more transparent, and cost-efficient transactions. This expansion represents a strategic milestone in our journey to connect every corner of the globe."

With the increasing demand for efficient payment solutions in these dynamically evolving regions, Thunes continues to expand its offerings, ensuring that members can make rapid, secure payments whenever needed.

In conclusion, as Thunes broadens its Direct Global Network into the Nordic nations, it sets a new standard for cross-border payments. This expansion not only illustrates the company’s dedication to innovation and excellence but also serves as a reassurance to users seeking timely and reliable financial services across borders.

About Thunes

Thunes operates as a revolutionary force in the payment industry, facilitating real-time payments across more than 130 countries and supporting transactions in over 80 currencies. The company connects to an extensive network of over 7 billion mobile wallets and bank accounts, along with 15 billion cards through a diverse array of payment methods. Headquartered in Singapore, Thunes is committed to maintaining unparalleled speed, security, and cost efficiency for its members, which include prominent clients from various sectors, including delivery and fintech services. For more information, visit Thunes.