Thunes and UniTeller Partner Over Africa and APAC Expansionby Fintechnews Africa 21 November 2021
Singapore-headquartered payments network Thunes and US-based cross border payments company UniTeller have announced a partnership to expand UniTeller’s services globally, according to a recent statement.
Thunes and UniTeller will be working on extending UniTeller’s solutions to over 20 international markets in Africa and the Asia Pacific region, the statement said.
“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,”
Alberto Guerra, CEO of UniTeller, said about the partnership.
UniTeller is a global remittance and payment processing service provider, providing its solutions to corporations, money transfer operators, banks, fintech companies, international payers, and retailers.
The partnership will extend UniTeller’s account deposit and e-wallet services to Africa and Asia Pacific
The two companies aim to make UniTeller’s account deposits and e-wallets solutions accessible in these markets. Through the partnership, account deposit service with 552 banks and e-wallet service with 28 operators will be added to UniTeller’s network in its new markets, according to the statement.
The partnership is one of the latest announced by Thunes in the Middle East and Africa region. In Africa, it recently announced partnerships with M-Pesa Tanzania and Dashen Bank in Ethiopia to enable its cross-border payment services across Kenya, Rwanda and Ethiopia.
It also announced similar partnerships with Bank Alfalah, one of Pakistan’s largest banks, as well as the Commercial Bank of Dubai to extend its cross-border payment solutions to these regions.
“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,”
Tamer El-Emary, COO of Thunes, said.
Featured image: Unsplash (edited)
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