Thunes Launches Real-Time Payments in Morocco to Enhance Cross-Border Transactions

Thunes Introduces Real-Time Payment Services in Morocco



Thunes, the innovative financial network dedicated to enabling seamless money transfers around the globe, has unveiled its new real-time payment services in Morocco. This launch represents a significant advancement in the company's efforts to facilitate faster and more efficient cross-border transactions. With Thunes’ global Direct Network, members can now transfer money instantly to Moroccan bank accounts, addressing consumer demands for quicker international commerce.

The Growing Demand for Faster Transfers



According to recent data from the World Bank, Morocco received over USD 11.5 billion in remittances during 2023, highlighting its position as one of Africa’s primary recipients of foreign funds. This underscores the necessity for effective and affordable cross-border payment systems in the region, ensuring that users can transact quickly and reliably.

Thunes' latest study, featured in the 2025 Money Without Borders report, sheds light on the critical importance of speed in international money transfers. The findings reveal that 65% of expatriates prioritize transfer speed when selecting a payment method. By establishing direct connections with the Moroccan banking network, Thunes can provide faster and more transparent transactions compared to traditional systems.

Enhancing Financial Inclusion



Aik Boon Tan, Thunes’ Chief Network Officer, expressed the company's commitment to meeting the growing demand for seamless cross-border payments in North Africa. He stated, "As the demand for smooth and real-time cross-border payments in North Africa continues to grow, Thunes is dedicated to offering quick and reliable alternatives to existing systems. This new expansion of our Direct Network in Morocco is a significant milestone for Thunes and our worldwide members, empowering them to enhance the speed of their cross-border transactions for individuals and businesses."

Chloé Mayenobe, Thunes’ President and COO, emphasized that speed is now more than just a preference in cross-border payments; it has become an expectation and a key factor for end-users when choosing a solution. She noted that with the introduction of direct payments in Morocco, Thunes is equipping its members with the tools to facilitate faster, cheaper, and more transparent transactions in one of Africa's most crucial markets.

Leading the Way in Cross-Border Payments



With this expansion, Thunes further solidifies its position as a leader in real-time cross-border payments, streamlining payment capabilities in Morocco. This initiative also aligns with Thunes' broader mission to bring into the global economy the next billion end-users, promoting greater financial inclusion for those seeking to send money into the country.

About Thunes



Thunes is the smart global network that facilitates the movement of money worldwide. Its exclusive Direct Global Network allows members to execute real-time payments across over 130 countries and in more than 80 currencies. The network connects directly to over seven billion mobile wallets and bank accounts worldwide, as well as fifteen billion cards through more than 320 different payment methods, including GCash, M-Pesa, Airtel, MTN, Orange, JazzCash, Easypaisa, AliPay, WeChat Pay, and many more. Thunes differentiates itself with its global reach, SmartX Treasury system, and Fortress Compliance platform, ensuring unparalleled speed, control, visibility, protection, and profitability for network members executing real-time payments globally.

Headquartered in Singapore, Thunes has offices in 14 cities, including Atlanta, Barcelona, Dubai, Hong Kong, Johannesburg, London, Manila, Nairobi, Paris, Beijing, Riyadh, San Francisco, and Shanghai. For further details, please visit Thunes' official website.

Topics Financial Services & Investing)

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