Absa launches Absa Global Pay with Thunes to Facilitate real-time remittances to Kenya and other markets
Absa has partnered with Thunes to launch Absa Global Pay, a digital-first remittance solution enabling real-time international money transfers to Kenya and other markets...
✨ Key Highlights
Absa Group has partnered with Thunes to launch Absa Global Pay, a new digital remittance solution designed to facilitate faster, simpler, and more affordable cross-border money transfers.
- The service enables real-time settlement to multiple international destinations, initially supporting transfers to the United Kingdom, Kenya, India, Malawi, Pakistan, and Zimbabwe.
- Key individuals involved include Nick Nkosi, Managing Executive for Transactional and Deposits at Absa Personal and Private Banking, and Simon Nelson, Chief Commercial Officer at Thunes.
- Absa Global Pay leverages Thunes' Direct Global Network to allow customers to initiate transfers via the Absa Banking App or online banking, with funds receivable through bank accounts, mobile wallets, or cash pickup points.
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