Access Africa, payment product designed to simplify payments, has partnered with Thunes, a leading global payment infrastructure platform, to streamline and simplify cross-border payments across key markets in the continent
Thunes, which currently connects more than 130 countries into a single network, will help allow Access Africa to facilitate payments across Botswana, Cameroon, Congo DR, Gambia, Ghana, Guinea, Kenya, Mozambique, Nigeria, Rwanda, Sierra Leone, South Africa and Zambia.
Customers of Access Africa will be able to make simple international payments as well as receive diaspora inflows in USD from countries in Africa, the Americas, APAC, Europe, Greater China, and MENA in the form of cash or bank deposits.
Robert Giles, senior advisory retail at Access Bank, commented, “This strategic partnership reinforces Access Africa's commitment to providing customers and non-customers with access to top-quality remittance services. Thunes is a cross-border payments network founded in 2016 that enables corporates and financial institutions to move funds seamlessly and provide financial services in emerging markets. Our partnership will significantly expand the reach of Access Africa's payment and remittance services to over 100 more countries and expose Thunes to all 60 million customers of Access Africa with over 600 branch locations.”
“Access Africa has been at the forefront of innovation in the African banking sector and is one of the largest banks on the continent. We are excited for the future of our partnership as we enhance the connections between Africa and the rest of the world, and bring major improvements to customers that need to make regular cross-border payments to and from African markets," said Aik Boon Tan, executive vice president for Thunes.