Tunes adds PayPal Hyperwallet to its direct global network
Cross-border payment platform Thunes has integrated PayPal’s global payment service HyperWallet into its direct global network.
Hyperwallet customers can now transfer funds “in real time” to more than 450 million mobile wallets and bank accounts in Bangladesh, Indonesia, Malaysia, the Philippines, South Korea and Vietnam.
HyperWallet can offer customers their choice of payment methods through a global merchant network, which includes driving applications, marketplaces and social media platforms.
Payment preferences for consumers in the APAC region vary based on market access, availability of real-time payment systems, and use of digital wallets in each market.
Floris de Court, CEO of Tunis, said: “Welcoming PayPal’s HyperWallet to our live global network highlights our ability to provide new capabilities to high-end fintech.”
“With our extensive network that directly, transparently and securely connects to more than 7 billion bank accounts and mobile wallets worldwide, combined with our SmartX treasury system and our Fortes compliance platform, Thunes is uniquely positioned to support Hyperwallet in expanding its reach in high-growth geographies.” To enhance cross-border payment services.
Tunis recently launched “From Cash to QR Code: Unpacking Southeast Asia’s Diverse Payments Culture,” a report that examines the region’s payment trends and sheds light on the more than 30% adoption rate of digital wallets in the Philippines and Indonesia.
In November 2024, Thunes They joined Together with Turkish fintech company Papara, it is now part of the Live Global Network.
This combination will empower Papara users in Turkey, which will allow them to send more than three billion mobile wallet accounts, four billion bank accounts and 15 billion cards in more than 80 currencies to more than 130 countries.
“Thunes Adds PayPal Hyperwallet to Live Global Network” was originally created and published by Electronic payments worldwideA brand owned by GlobalData.
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