UniTeller Partners with Thunes to Expand Footprint in Africa and Asia Pacific
UniTeller, an international cross-border and remittance payments processor based in the United States, has partnered with Singapore-based global payments network Thunes to expand its services in over 20 markets globally, including major emerging markets in Africa and Asia Pacific.
Given the growing demand for digital payment capabilities in emerging markets, it is more important than ever for industry players to promote market efficiency and expand user access to a broad range of digital financial services.
The partnership with Thunes brings together the networks of two major payments processors, increasing the accessibility of digital payment channels for users in the selected markets either through account deposits, e-wallets or both.
The partnership adds account deposit service with 552 banks and e-wallet service with 28 operators to UniTeller’s network including Africa and Asia Pacific.
“Our partnership with Thunes marks an important milestone as we strive towards improving the access of communities across emerging markets by expanding our technology solutions in Africa and Asia Pacific” said Alberto Guerra, Chief Executive Officer of UniTeller.
“As digital payments continue to gain momentum, strong and robust payment systems are critical to meet this growth and ensure the scalability of digital remittance channels. We are glad to be able to strengthen our partnership with UniTeller, and jointly help to enhance global connectivity for millions of people through faster and more convenient cross-border payments,” said Tamer El-Emary, Chief Operating Officer, Thunes.