Thunes , the global cross-border payments infrastructure network, today announced the expansion of its Acceptance payment network to five major Asian markets: Indonesia, Malaysia, Philippines, Singapore, and Thailand. This will enable European and international merchants to receive payments from consumers in Southeast Asia and settle in their currency of choice.
However, companies and merchants seeking to take advantage of the growing purchasing power of this region may face some challenges: while US and European consumers mainly use credit cards to pay online, as shoppers in Southeast Asian countries tend to use alternative payment methods such as mobile wallets, Buy Now Pay Later BNPL and Real-Time Payment RTP schemes. In order to keep up with ever-evolving consumer preferences, businesses must be agile and provide a range of local payment options.
Through our extensive acceptance network comprising payment methods in 90 countries, businesses can easily tap into the vast digital-first consumer market, creating instant connections with millions of potential clients. For media enquiries, please contact: Headland Consultancy E: thunes headlandconsultancy.
About Thunes: Thunes is a global payment innovator enabling businesses to move money in real-time and in full transparency. We empower our customers to pay and get paid by anyone, anywhere, and however they prefer, closing the gap between payment systems worldwide.
With Thunes, large, medium and small companies can Accept cards , bank transfers and more than alternative payment methods, and Pay over 3 billion mobile wallets and 4 billion bank accounts. Thunes puts money in motion. Newsletter sign up. I agree to receive emails from Thunes. This field is hidden when viewing the form. More News from Thunes. Sorry, the page you were looking for no longer exists.
