Absa and Thunes Expand Partnership to Launch World-Class Cross-Border Payment Service Across Africa
The partnership between Absa Group Limited, a leading African financial services provider, and Thunes, an international payment solutions company, has been expanded to enhance cross-border payments across the continent. This strategic collaboration aims to provide seamless currency conversion, scalable liquidity, and multi-path settlement systems for Absa's clients. By leveraging Thunes' global network covering over 140 countries, 90 currencies, and 220 payment methods, Absa can now offer faster, more transparent cross-border transactions. The partnership builds on the success of their previous collaboration in South Africa with the launch of Absa Global Pay. This move supports Absa's broader strategy to strengthen its position as a leading provider of financial services across Africa and globally.
Topics: Africa Markets Cross-Border Payments Financial Services