back Back

Thunes & Access Africa team to boost cross-border payments for 13 African countries

By Delisha Fernandes

October 05, 2023

  • Access Africa
  • Cross Border Payments
  • digital payment
Share

Access Africa, Thunes, cross-border payments, financial institutions, digital payment, merchant payments, eCommerce payments, trade payments, FinTech news, FinTech USAccess Africa has partnered with Thunes, a global payment infrastructure platform that connects over 130 countries into a single network offering its members seamless, interoperable and frictionless cross-border payments.

The partnership will allow Access Africa to facilitate inbound and outbound cross-border payments in 13 markets: Botswana, Cameroon, Democratic Republic of the Congo, Gambia, Ghana, Guinea, Kenya, Mozambique, Nigeria, Rwanda, Sierra Leone, South Africa and Zambia.

Robert Giles, Senior Advisory Retail, said “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.”

Through this partnership, customers of Access Africa (both account and non-account holders) will be able to make simple international payments as well as receive diaspora inflows in USD from countries in Africa, the Americas, Asia-Pacific, Europe, Greater China, and the Middle East and North Africa regions in the form of cash or bank deposits.

“Access Africa has been at the forefront of innovation in the African banking sector and is one of the largest banks on the continent. We are excited for the future of our partnership as we enhance the connections between Africa and the rest of the world, and bring major improvements to customers that need to make regular cross-border payments to and from African markets,” said Aik Boon Tan, Executive Vice President for Thunes.

Access Africa is a payment product designed to simplify global payments for person-to-person, business-to-business, person-to-business, government-to-person, and other payment flows. It enables efficient and effective transfers, including but not limited to school fees payments, merchant payments, eCommerce payments, trade payments and diaspora workers payments.

Previous Article

October 04, 2023

Sweden’s Brite Payments raises $60m led by Dawn Capital

Read More
Next Article

October 05, 2023

DPDzero raises $3.25m in Seed round from Blume & IndiaQuotient

Read More









IBSi Daily News Analysis

islamic finance, fintech

November 28, 2023

Access Africa

A $4 trillion Islamic banking market to be driven by FinTech, study shows

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

November 28, 2023

DIGISEQ and Infineon launch pre-certified concentric ring inlay

Read More

November 28, 2023

Bluefin & ID TECH team to boost payment security with AES encryption

Read More

November 28, 2023

Bigcrafters by Estrells Galicia selects Mangopay as its payments partner

Read More

Related Reports

Sales League Table Report 2023

£1,500.00 / year

Know More
Global Digital Banking Vendor & Landscape Report Q2 2023

£1,500.00 / year

Know More
Wealth Management & Private Banking Systems Report Q3 2023

£1,500.00 / year

Know More
Next-Gen Debt Collection Systems Growing Importance of Collections Q4 2023

£500.00 / year

Know More
Treasury & Capital Markets Systems Report Q3 2023

£1,500.00 / year

Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
close-link
Get your copy now! IBSi Sales League Table 2023