Thunes has launched Thunes Business Payments, designed to facilitate cross-border payments for Thunes’ Direct Global Network members, including enterprises, merchants, neo-banks, traditional banks and mobile wallets. Via an API, members have a more efficient way to process international business payments, bypassing the complexities of legacy systems while unlocking unprecedented flexibility and speed.
With this launch, Thunes enables faster business payments in more than 30 currencies, including USD, EUR and CNY, and more than 50 countries, including key markets such as Brazil, Canada, China, Europe, Hong Kong, India, Mexico, Singapore, and the UK. The solution empowers businesses to pay suppliers in their local currencies, reducing exchange rate and reconciliation costs, with full transparency on the payment reference. In addition, businesses will be able to process USD payouts to more than 170 countries.
The solution’s value also lies in the Thunes’ SmartX Treasury System that addresses FX and transaction transparency as well as liquidity management by offering real-time visibility into fund locations and the exact amount to be delivered to the recipient. In addition, businesses, neo-banks, banks and wallets can benefit from stablecoin USDC funding capabilities in real-time, 24/7.
Members using Thunes Business Payments will benefit from key enhancements to traditional business-to-business transactions, including:
- Faster business cross-border payments;
- Transparent and guaranteed pricing, with enriched payment details;
- Trackable local currency and USD payouts; and
- Single integration to Thunes’ API, eliminating the need to build a correspondent banking network;
The system is underpinned by Thunes’ Fortress Compliance Platform, which ensures compliance with local regulations while providing real-time visibility and protection.
The launch of Thunes Business Payments comes at a time of significant growth for the global B2B payments market, which accounted for $150 trillion in 2024.
Chloé Mayenobe, president and COO at Thunes, said, “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. With access to local ACH in over 50 countries, Thunes Business Payments sets a new benchmark for speed, transparency, and affordability, reducing friction in cross-border transactions, streamlining operations, and ensuring predictable costs.”
“The market opportunity for Thunes Business Payments is immense, driven by rising demand from Members of our Direct Global Network for faster, more transparent, and cost-effective business transactions.”
