Thunes has partnered with the First Abu Dhabi Bank, a UAE-based global institution, to enable global mobile wallet payouts through its Direct Global Network.
The collaboration aims to improve cross-border payment features from the UAE to global corridors. Once it is implemented, the solution will allow FAB customers to send real-time transactions in over 130 countries, offering their clients a transparent and accessible international payment rail.
Real-time cross-border and wallet payments across the Middle East
The alliance aligns with the goals of landmark national initiatives like the We the UAE 2031 and the Central Bank’s Financial Infrastructure Transformation (FIT) programme, which advocate for dynamic environments for digital developments, interoperability, and financial inclusion.
The companies share a commitment to expand simple access to next-gen payment channels globally, contributing to cross-border developments. Thunes, using its network coverage and real-time features, aims to become a trusted partner in driving cross-border payment innovation in the Middle East and beyond. Through the partnership, the two companies offer a modern international payment experience in the UAE, driven by their mission to improve customer satisfaction, speed, and growth potential.
The initiative comes as Thunes partnered with Mashreq to support wallet payouts in the region. The arrangement connects the bank to mobile money services across parts of Asia, Africa, and Europe, using Thunes’ cross-border infrastructure to support faster and lower-cost transfers for retail customers. As the institution’s expansion in the Middle East and North America increased the demand for more direct payout options, the alliance will provide its service initially in 30 of Mashreq’s busiest remittance corridors.
Industry studies report the UAE’s key role in global remittances and cross-border transactions, with outward transfers projected to continue rising over the next several years. The region is known for fast population growth and increased adoption of digital finance applications, which drive the need for faster settlement times and predictable fees.
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