#Singapore #Thunes #Global Network #Business Payments

Thunes Launches Business Payments Solution

Thunes, recognized as the Smart Superhighway for global financial transactions, has recently unveiled its innovative Business Payments solution. This cutting-edge service aims to redefine the landscape of cross-border payments, making it easier for various entities, including businesses, merchants, and financial institutions, to execute international transactions with speed and transparency.

A Game-Changer for Global Transactions

The newly introduced Thunes Business Payments offers a direct connection to local ACH in over 50 countries and USD wire transfers in more than 170 countries. This wide-reaching capability empowers businesses to settle payments using local currencies, significantly reducing costs associated with currency conversion and reconciliation processes. Key markets benefiting from this solution include Brazil, Canada, China, Europe, Hong Kong, India, Mexico, Singapore, and the UK, among others.

One of the essential features of this service is its ability to provide businesses with a transparent pricing model. Thunes ensures that enterprises receive detailed payment references, allowing firms to track payments easily. The transparency in transaction costs is aimed at eliminating hidden fees and ensuring that businesses can operate with predictable expenses.

Streamlined Payment Processing with Smart Technology

At the heart of this solution lies Thunes' state-of-the-art API, which streamlines the payment process while bypassing the complexities commonly associated with traditional banking systems. Businesses will appreciate the efficiency and flexibility this solution brings, resulting in faster cross-border payments and enhanced liquidity management.

Additionally, Thunes enhances the experience through its SmartX Treasury System, providing real-time visibility into fund locations and facilitating effective liquidity management. This system allows for up-to-the-minute updates on exactly how much is sent and received, increasing confidence in international transactions.

Compliance and Security at Its Core

Thunes Business Payments is fortified by the Fortress Compliance Platform, which guarantees adherence to local regulations, ensuring secure transactions. This aspect positions Thunes as a reliable partner for enterprises keen on navigating the increasingly complex landscape of compliance in the financial sector.

Chloé Mayenobe, President and COO of Thunes, highlighted the significance of this launch by stating, "Thunes Business Payments is a purpose-built solution that empowers banks, wallets, fintechs, enterprises, and merchants to meet evolving customer needs and unlock new growth."

A Rapidly Growing Market Opportunity

The timing of Thunes' launch is strategic, coinciding with exponential growth within the B2B payments market, which was valued at a staggering $150 trillion in 2024. With a rising demand for more efficient and economical international transactions, Thunes is poised to capture substantial market share through Business Payments.

Businesses using this new service can expect to experience unprecedented ease of access and convenience, even as they grapple with the logistical challenges of cross-border commerce. Thunes' commitment to simplifying these processes not only streamlines operations but also opens new avenues for growth.

To discover more about Thunes Business Payments, interested parties are encouraged to visit Thunes' website. In an era of global interconnectedness, Thunes is prepared to lead the way in transforming how money moves across borders, providing an innovative platform conducive to modern business needs.

About Thunes

Founded with the mission to smartly navigate financial transactions globally, Thunes connects directly to 7 billion mobile wallets and bank accounts while supporting over 80 currencies. The Direct Global Network sets itself apart through its extensive reach and commitment to providing unrivaled speed, control, visibility, protection, and cost efficiency for real-time payments. Headquartered in Singapore, Thunes has expanded its operations to 13 international locations, positioning itself as a truly global player in the fintech landscape.