Thunes Expands Payment Network Across Southeast Asia

Published 9 months ago

Thunes, a global cross-border payments infrastructure network, has broadened its reach to include Singapore, Malaysia, Indonesia, the Philippines, and Thailand. This development will facilitate European and international merchants to accept payments from Southeast Asian consumers and settle in their preferred currency.

Significant Additions to the Network

Singapore’s renowned systems such as Atome, GrabPay, and PayLater by Grab are now part of the Thunes network. In Malaysia, the addition comprises DuitNow, Boost, GrabPay, Maybank QR, ShopeePay, and Touch ’n Go.

For Indonesia, platforms like Alfamart, DANA, OVO, QRIS, and ShopeePay have been integrated. Meanwhile, the Philippines sees the integration of Cebuana Lhuillier, GCash, GrabPay, InstaPay, Maya, PESONet, and ShopeePay. Lastly, Thunes has introduced Bangkok Bank, Bank of Ayudhya – Krungsri, KBank, Krungthai Bank, SCB, PromptPay, and Rabbit LINE Pay in Thailand.

Expanding the Footprint in Southeast Asia

Andrew Stewart, Executive Vice President of Account Management and Network at Thunes, stated that the company has specifically chosen the most relevant payment brands in Southeast Asia. This strategy is intended to support merchants in gaming, eCommerce, and marketplace platforms to penetrate new markets and extend their reach.

Stewart highlighted the extensive acceptance network of Thunes, including 300 different payment methods in 90 countries. This vast network allows businesses to easily connect with the thriving digital-first consumer market, creating immediate links with millions of potential customers.

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