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Cross Border Payments

Absa Taps Thunes as Multicurrency Clearing Partner Across Africa

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Absa Taps Thunes as Multicurrency Clearing Partner Across Africa

Johannesburg – October 01, 2026 -- Absa Group has selected Thunes as a strategic Multicurrency Clearing partner, expanding a collaboration that links Absa's Pan-African banking footprint to Thunes' Direct Global Network spanning more than 140 countries, 90 currencies, and 220 payment methods.

Deal builds on South Africa's Absa Global Pay launch

The new agreement extends the two companies' prior rollout of Absa Global Pay in South Africa, which combined Absa's banking franchise with Thunes' global payment connectivity and local-market capabilities. The expanded partnership now underpins Absa's broader cross-border payments strategy across African and global markets.

Clearing link enables payouts beyond bank accounts

By connecting directly to Thunes' network, the collaboration allows Absa to route payouts to mobile wallets and card rails, not just bank accounts, with 24/7 liquidity and enterprise-grade compliance built in.

J.P. Morgan Payments Taps Thunes to Speed Cross-Border Payouts

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J.P. Morgan Payments Taps Thunes to Speed Cross-Border Payouts

Singapore – September 22, 2026 -- J.P. Morgan Payments has selected Thunes to expand its Xpedite Remit solution, granting clients access to 12 billion mobile wallets and bank accounts across more than 100 payment corridors worldwide.

Thunes network unlocks real-time payouts across 100+ corridors

The expanded partnership combines J.P. Morgan Payments' connectivity to local real-time payment rails with Thunes' Direct Global Network, enabling clients to send same-currency or FX-converted payouts to bank accounts and mobile wallets from a single account and connectivity point. The solution offers principal protection and end-to-end traceability for transactions routed through 24/7 real-time payment networks.