#USA #Singapore #Thunes #Global Payments #Real-Time Payments

Thunes Revolutionizes Cross-Border Payments with Real-Time Capabilities

In a significant development for the global financial landscape, Thunes, the innovative payment technology platform, has announced the introduction of real-time payment capabilities to the United States from various countries around the world. As part of their Direct Global Network, Thunes is now unlocking enhanced payment solutions that are not only fast but also cost-efficient, allowing businesses and consumers to send money seamlessly to the US.

A Game-Changer in Payment Transfer

By establishing direct connectivity with a leading tier 1 US financial institution, Thunes can now facilitate payouts in USD through critical banking channels, including Automated Clearing House (ACH), Same-Day ACH, and other real-time payment systems. This evolution in their payment infrastructure addresses historical inefficiencies associated with sending funds across borders, especially for businesses which have often experienced delays and excessive fees.

Chloé Mayenobe, the Deputy CEO of Thunes, highlighted the impact of these advancements: _“USD payments into the US have historically been sluggish, opaque, and burdened by high fees. By leveraging our licenses to introduce connections to real-time domestic rails, we are tackling a significant market gap.”_

With the integration of USD clearing and direct access to local payment systems, Thunes is well-positioned to make B2B payments instant and less frictional while simplifying the payout process for consumers.

Expanded Infrastructure and Regulatory Acumen

Thunes boasts a comprehensive regulatory framework, holding 50 Money Transmission Licenses (MTLs) across various US states. This robust legal presence allows Thunes to operate within the US financial ecosystem with institutional-grade connections to local clearing systems. The strategic advantage of these direct connections manifests in reduced transaction latencies, lower transaction costs, and a decreased likelihood of payment rejections. This infrastructural enhancement is a boon for Thunes’ partners that include gig economy platforms, remittance services, payment solution providers, banks, and neobanks operating outside the US, enabling them to transfer funds efficiently to the US markets.

According to Ximena Azcuy, Head of Network - Americas at Thunes, _“We are opening the floodgates for seamless, high-volume cross-border money movement into the United States. Thunes now delivers the ultimate competitive edge for our Members around the world, whether they need cost-efficient batch processing via ACH or real-time payment solutions.”_

Global Reach and Future Prospects

With Thunes’ Direct Global Network covering 140 countries and supporting transactions in 90 currencies, the platform is uniquely equipped to serve a vast range of endpoints, which include more than 12 billion mobile wallets, stablecoin wallets, and bank accounts. This extensive reach ensures that businesses around the world can send payments into the US market with the ease and speed of local transactions.

Conclusion

Thunes’ new real-time payment capabilities into the US exemplify significant strides in financial technology aimed at enhancing global payment systems. The company's approach combines speed, transparency, and regulatory compliance, paving the way for a more efficient method of transferring funds. As Thunes continues to innovate and expand its service offerings, it reaffirms its commitment to simplifying the complexities of cross-border transactions, making it a vital player in an increasingly interconnected world economy.

For more information on Thunes and their services, visit Thunes.com.