Thunes added real-time payout capabilities to its global network, enabling members of the Thunes Direct Global Network to send USD into the United States through Automated Clearing House, Same-Day ACH and real-time payment rails using a single API.
WHAT THUNES ADDED
Thunes said it had established a direct connection into a tier 1 US financial institution to natively support USD payouts via ACH, Same-Day ACH and real-time payments rails. The company said the capability is enabled by its own 50 Money Transmission Licenses across US states and territories.
Thunes said the launch supports businesses outside the US, including gig economy platforms, money transfer operators, payment service providers, banks and neobanks, in sending value into the country via their preferred rails with a single API.
Thunes said its direct connections reduce latency, minimise transaction costs and significantly reduce the risk of payment rejection by bypassing multi-tiered, third-party intermediary setups.
NETWORK AND MANAGEMENT COMMENT
Thunes' Direct Global Network provides access across 140 countries, supports 90 currencies and reaches more than 12 billion mobile wallet, stablecoin wallet and bank account endpoints.
“Whether a company requires cost-efficient batch processing via ACH or real time payment scheme, Thunes now delivers the ultimate competitive edge for our Members around the world,” said Ximena Azcuy, Head of Network – Americas at Thunes.
Chloé Mayenobe, Deputy CEO of Thunes, said: “USD payments into the US have historically been sluggish, opaque, and heavily burdened by fees associated with cross-border money movement – particularly for businesses.”