Thunes partners with Papara to support cross-border payments in Turkey

This collaboration brings Papara into Thunes’ Direct Global Network, enabling streamlined international transactions to and from Türkiye. With this new integration, Papara’s user base can now access expanded cross-border payment options, connecting them with 3 billion mobile wallets, 4 billion bank accounts, and 15 billion cards in over 130 countries across 80 currencies.  

For the first time in Türkiye, Papara users can receive direct international transfers into their accounts, providing a simpler and more cost-effective method for global money movement.

Expanding payment capabilities for cross-border transactions

Papara supports both domestic and international financial transactions. This partnership allows Thunes’ network members to facilitate direct transfers to Papara accounts, enhancing the speed and convenience of international payments to Türkiye. Thunes provides its network with technology through the SmartX Treasury System and Fortress Compliance Platform, allowing for real-time payments with improved control, transparency, and cost management. 

Officials from Thunes remarked on the alliance, noting that Papara’s integration into the network enables its users in Türkiye to transfer money internationally to destinations across Africa, Asia, Europe, the Americas, and the Middle East. According to them, the partnership aligns with Papara’s goal of expanding its money transfer services on a global scale. 

Representatives from Thunes also highlighted the benefits for Thunes' Direct Global Network members, describing the partnership as a way to improve cross-border payments to Türkiye by removing traditional transaction barriers. The direct transfers to Papara accounts, they stated, offer a more efficient service for network members seeking to facilitate payments in the region. 

In turn, officials from Papara emphasised that this collaboration strengthens Papara’s international payment capabilities, giving users a secure and trusted platform for global transactions. Through this partnership, millions of Papara users gain the ability to receive funds from international sources directly into their accounts, expanding Papara’s range of global financial solutions. 

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