Thunes and Banco Cathay of Costa Rica Launch Pay-to-Wallet Payments via Swift

Thunes, the Smart Superhighway to move money around the world, today announced a new breakthrough in cross-border payments with the successful activation of Pay-to-Wallet by Banco Cathay of Costa Rica.

This innovative solution transforms the reach and efficiency of Banco Cathay’s cross-border offering, enabling seamless digital disbursements to markets where mobile wallets are the dominant payment method.

With Thunes’ Pay-to-Wallet solution, any bank connected to Swift’s global network can join Thunes’ Direct Global Network and unlock fast, transparent, and secure payments to mobile wallets with minimal operational lift. Transactions are powered by Thunes’ SmartX Treasury System and Fortress Compliance Platform, ensuring end-to-end control, visibility, protection, and cost-efficiency.

Chloé Mayenobe, Deputy CEO at Thunes, said: “Thanks to our Pay-to-Wallet solution, any financial institution can utilise their existing secure Swift connectivity to access our Direct Global Network and send instant payments to billions of mobile wallets worldwide. Our alliance with Banco Cathay of Costa Rica proves what’s possible when traditional banking infrastructure meets next-generation payment rails. It’s important progress for financial inclusion and another example of how Thunes is enabling cross-border interoperability.”

Franklin Wang, Commercial Manager at Banco Cathay of Costa Rica added: “We’re proud to bring this powerful capability to life. We are enabling faster, simpler, and more accessible cross-border payments for our customers who want to make payments to mobile wallets.”

This step strengthens Thunes’ commitment to building a more inclusive financial ecosystem and extending fast, modern payment services to underbanked and mobile-first populations. By bridging traditional banking infrastructure with the mobile wallet economy, Thunes and the Members of its Network are laying the groundwork for the next era of global payments.