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- Thunes, a global payment infrastructure platform, has partnered with Access Africa.
- The partnership will enable Access Africa to facilitate cross-border payments in 13 markets.
Thunes, a global payment infrastructure platform, has partnered with Access Africa. Through this partnership, the latter entity will be in a position to facilitate cross-border payments in 13 markets. This includes the Democratic Republic of Congo (DRC), Cameroon, South Africa, Kenya, Ghana, Nigeria, Rwanda, Sierra Leone, Botswana, Guinea, Gambia, Zambia, and Mozambique.
As it stands, Thunes connects over 130 nations into one network. This well-established payments infrastructure platform offers its users a seamless experience with regard to cross-border payments. Indeed, it has been bridging the gap between the payment systems in developing and developing markets worldwide. Subsequently, its users are able to execute an array of financial operations including making payments, sending funds, and exchanging currencies efficiently.
The collaboration between Thunes and Access Africa will enable customers of the latter, both account and non-account holders, to make international payments seamlessly. Additionally, one will be in a position to diaspora inflows in US dollars from a country in Africa, Asia Pacific, the Middle East, Europe, and the Americas. This will be in the form of cash or bank deposits.
According to Access Bank’s senior advisor retail, Robert Giles, “This strategic partnership reinforces Access Africa’s commitment to providing customers and non-customers with access to top-quality remittance services. Our partnership will significantly expand the reach of Access Africa’s payment and remittance services to over 100 more countries and expose Thunes to all 60 million customers of Access Africa with over 600 branch locations”.
As a payment product, Access Africa is intended to ease global payments for business-to-business, person-to-business, and person-to-person among other payment flows. It aids seamless transfers that come in different forms. It operates via several corridors including the UK, Turkey, France, China, and Spain among others.
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