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Paydek partners Thunes for more payment options and expansion in emerging markets

Tuesday 8 December 2020 08:36 CET | News

UK-based payments company Paydek has announced a partnership with global payments network Thunes to provide customers payment options and a broader international reach, specifically in emerging markets.

The Paydek platform supports a large global base of corporate and individual customers in processing payments to over 160 countries. These customers – such as website designers, independent freelancers, and payroll companies – can now pay workers, suppliers, and partners fast, and reliably.

Through Thunes' global partner network and technological capabilities, the tie-up will enable local currency payments, which will expand the breadth, speed and processing efficiency of Paydek services – all of which is critical for business continuity. More than 80 additional countries are expected to join Paydek's payment network following this partnership with Thunes.

The increase in global coverage will include countries across Europe, Latin America, Africa, and Asia, providing opportunities for SMBs to expand their market reach.

Thunes is a B2B cross-border payments network that enables corporates and financial institutions to move funds and provide financial services in emerging markets. Their global platform connects mobile wallet providers, banks, technology companies and money transfer operators in more than 100 countries and 60 currencies. 

Source: Link


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Keywords: Paydek, Thunes, payment options, cross-border payments, B2B payments, online payments
Categories: Payments & Commerce
Companies:
Countries: World
This article is part of category

Payments & Commerce