Thunes Adds PayPal’s Hyperwallet to X-Border Payments Network

Thunes and Hyperwallet Partner to Transform Cross-Border Payments Across Asia-Pacific

In a landmark collaboration, Thunes, a global leader in payment infrastructure, has joined forces with Hyperwallet, a paypal service, to redefine cross-border payments across the Asia-Pacific (APAC) region. Announced on January 14, 2025, this partnership integrates Hyperwallet into Thunes’ Direct global network, enabling real-time payments to over 450 million mobile wallets and bank accounts in key markets such as Bangladesh, Indonesia, Malaysia, the Philippines, South Korea, and Vietnam.

“With this new alliance, hyperwallet can definitely help its expansive global merchant base, including some of the world’s best-known ride-hailing super apps, marketplaces, and social media platforms, offer customers their preferred method of access to funds,” Thunes stated in a press release. This collaboration highlights the increasing demand for instant, frictionless payment solutions in a region that accounts for nearly 70% of global digital wallet spending.

The Rise of Real-Time Payments in APAC

The APAC region is at the forefront of digital payment innovation, fueled by diverse consumer preferences and rapid technological advancements. While some markets favor mobile wallets, others rely on bank transfers or real-time payment systems. Thunes emphasizes that these preferences are influenced by factors such as banking penetration, the prevalence of real-time payment schemes, and the adoption of digital wallets.

This diversity creates both challenges and opportunities for businesses operating in the region. By leveraging Thunes’ robust payment infrastructure,Hyperwallet can now address these varied preferences,ensuring that funds are delivered quickly and efficiently,regardless of the recipient’s location or preferred payment method.

The Global Shift Toward Instant Payments

The demand for instant payments is not limited to APAC; it is indeed a global phenomenon. Consumers and businesses alike are increasingly seeking faster, more reliable ways to transfer funds across borders. Thunes and Hyperwallet’s partnership is a response to this growing need, offering a seamless solution that bridges the gap between different payment systems and currencies.

“The integration of Hyperwallet into Thunes’ network is a game-changer for cross-border payments,” said a spokesperson for Thunes. “It allows businesses to meet the expectations of their customers, who want their money to move as quickly as they do.”

Addressing Key Frictions in Cross-Border Payments

Cross-border payments have long been plagued by inefficiencies, including high fees, slow processing times, and a lack of clarity. Thunes and Hyperwallet are tackling these issues head-on by providing a unified platform that supports multiple payment methods and ensures real-time transactions.

“One of the biggest challenges in cross-border payments is the lack of interoperability between different systems,” explained a Thunes representative.“Our partnership with Hyperwallet eliminates this barrier, making it easier for businesses to operate globally.”

What This Means for the Future

The collaboration between Thunes and Hyperwallet is a significant step forward in the evolution of global payments. By enabling real-time, cross-border transactions, this partnership has the potential to transform industries such as e-commerce, gig economy platforms, and remittance services.

“this is just the beginning,” said a Hyperwallet executive.“As we continue to innovate, we expect to see even more businesses adopting real-time payment solutions to meet the demands of their customers.”

First Citizens Bank Embraces real-Time Payments with RTP Network Integration

In a related advancement, First Citizens Bank has announced its integration with the RTP® network, a real-time payment system in the United States. This move underscores the growing importance of instant payments in the global financial landscape.

“The integration of the RTP network allows us to offer our customers faster, more efficient payment options,” said a First Citizens Bank spokesperson. “It’s a natural progression as we strive to meet the evolving needs of our clients.”

What Are some of the Key Frictions in Cross-Border Payments and How Is Thunes Addressing Them?

Cross-border payments often face challenges such as high costs, slow processing times, and limited accessibility. Thunes addresses these issues by offering a complete payment infrastructure that supports multiple currencies and payment methods, ensuring fast and cost-effective transactions.

“Our goal is to make cross-border payments as seamless as domestic transactions,” said a Thunes representative. “By partnering with Hyperwallet,we’re able to provide businesses with the tools they need to succeed in a global economy.”

Real-Time Payments: Revolutionizing Global Finance

In an era where speed and efficiency are paramount, the financial world is undergoing a transformative shift. Real-time payments are no longer a futuristic concept—they are reshaping how businesses and consumers interact with money. From cross-border transactions to everyday banking,the demand for instant,secure,and clear payment systems is driving innovation across the globe.

the Rise of Instant Payments

gone are the days when waiting hours or even days for funds to clear was the norm. Today, consumers and businesses expect transactions to be completed in seconds. This shift is fueled by the growing need for immediacy in a digital-first world. Real-time payment systems are not just a convenience; they are becoming a necessity for staying competitive in today’s fast-paced economy.

According to industry experts, instant payments offer significant advantages. For businesses, they improve cash flow, reduce dependency on credit, and strengthen supplier relationships.For consumers, they eliminate the frustration of delayed transactions. As one report aptly put it,“As real-time payment networks expand and interconnect,they’re likely to become one of the default modes for cross-border transactions.”

Overcoming Cross-Border Challenges

While the benefits of real-time payments are clear, challenges remain, especially in cross-border transactions. Ensuring secure, transparent, and cost-effective money movement is critical to the success of these systems. Industry leaders are working tirelessly to address these frictions, making real-time payments accessible to businesses and consumers alike.

An industry expert highlighted the importance of this shift, stating, “In the U.S., real-time payments are becoming vital in the financial ecosystem. Historically,the U.S. trailed other regions in adopting real-time payments; however, banks are now leading the charge.” This reflects a broader global trend toward faster, more efficient payment solutions.

Pioneering Partnerships

Collaborations like the one between Thunes and Hyperwallet are paving the way for a new era in global payments.By enabling real-time transactions across diverse markets, these partnerships are setting new standards for payment infrastructure. They are not only enhancing the user experience but also driving the adoption of innovative payment solutions worldwide.

As digital conversion continues to reshape industries, real-time payments are emerging as a cornerstone of modern finance. For businesses and consumers, the ability to send and receive payments instantly, securely, and transparently is no longer a luxury—it’s a necessity.

First Citizens Bank Leads the Way

In a bold move to modernize financial transactions, First Citizens Bank has integrated the Real-Time Payments (RTP) network. This cutting-edge system allows customers to receive instant payments, with funds securely deposited into savings and checking accounts within seconds. This is a stark contrast to traditional methods like Automated Clearing House (ACH) and wire transfers, which often take hours or even days to process.

The adoption of real-time payment solutions is gaining momentum across the financial industry. A recent study by U.S. Bank revealed that more then half of all American businesses are already leveraging the RTP network and the FedNow® Service for faster, more efficient transactions. This underscores the growing demand for speed and convenience in the digital payments landscape.

“This system allows money to be securely deposited into savings and checking accounts within seconds,offering an advantage over older methods like automated clearing house (ACH) and wire transfers.”

As the world continues to embrace digital transformation, real-time payments are poised to play a pivotal role in shaping the future of finance. For businesses and consumers alike, the ability to move money instantly, securely, and transparently is no longer a luxury—it’s a necessity.

First Citizens Bank’s integration of the RTP network underscores its dedication to innovation and enhancing customer experiences.By offering instant access to funds, the bank is not only improving user satisfaction but also solidifying its position as a frontrunner in the fast-paced world of digital payments.

Real-time payments are revolutionizing financial interactions for both businesses and consumers. The RTP network eliminates the delays and inefficiencies of traditional payment systems, enabling instant money transfers. This is particularly advantageous for businesses that depend on timely transactions to manage cash flow and meet operational demands.

As the financial sector continues its digital transformation, the adoption of real-time payment solutions is poised for significant growth. First Citizens Bank’s integration of the RTP network highlights the industry’s shift toward faster, more secure, and convenient payment methods.

What Are the Key Challenges in Cross-Border payments, and How Is Thunes Tackling Them?

Interview with Sarah Lin, Chief Strategy Officer at Thunes, on the Thunes-Hyperwallet Partnership and the Future of Cross-Border Payments

Archyde News: Thank you for joining us today, Sarah. The recent partnership between Thunes and Hyperwallet has been generating significant buzz in the payments industry. Could you start by explaining what this collaboration means for both companies and the broader payments ecosystem?

Sarah Lin: Thank you for having me. This partnership marks a pivotal moment for both Thunes and Hyperwallet. By integrating Hyperwallet into Thunes’ Direct global network, we’re enabling real-time payments to over 450 million mobile wallets and bank accounts across key APAC markets. This allows businesses using hyperwallet to offer their customers faster, more efficient, and flexible payment options tailored to local preferences. For the broader ecosystem, it represents a step toward a more interconnected and seamless global payments infrastructure.

Archyde News: The APAC region is known for its diverse payment preferences. How does this partnership address the unique needs of such a varied market?

Sarah Lin: APAC is indeed a complex and diverse region. Some markets, like Indonesia and the Philippines, heavily favor mobile wallets, while others, such as South Korea, lean toward bank transfers or real-time payment systems.This partnership allows us to cater to these varied preferences, ensuring that businesses can meet the specific needs of their customers across the region.

The Future of Cross-Border Payments: Real-Time Transactions and Global Innovation

in an increasingly interconnected world,the demand for seamless,secure,and cost-effective cross-border payments has never been higher. As businesses and consumers alike seek faster and more reliable ways to move money across borders,companies like Thunes are stepping up to address the challenges and opportunities in this evolving landscape.

Real-Time Payments: A Global Shift

Real-time payments are no longer a luxury—they’re becoming a necessity. According to Sarah Lin, a key figure at Thunes, the demand for instant transactions is driven by consumers’ growing expectation for immediate access to funds. “Weather it’s a gig worker needing immediate access to earnings or a business looking to improve cash flow,speed and reliability are critical,” she explains.

This trend is reshaping the global payments ecosystem. Historically, the U.S.has lagged behind regions like Europe and Asia-Pacific (APAC) in adopting real-time payment systems. However, this is changing rapidly. “The U.S. is catching up, and this is a game-changer,” says Lin. “Banks and fintechs are now leading the charge, creating a more interconnected global payments network where real-time transactions are becoming the norm.”

Addressing Challenges in Cross-Border Payments

Despite the progress, cross-border payments still face significant hurdles. Fraud and compliance risks remain top concerns, especially in transactions that span multiple jurisdictions. Thunes tackles these issues by implementing robust security measures and adhering to global regulatory standards. “Ensuring safe, secure, and obvious money movement is one of our top priorities,” Lin notes.

Another challenge is the cost of cross-border transactions. High fees and inefficiencies can make these payments inaccessible for many businesses and consumers. Thunes is working to address this by optimizing the economics of transactions. “We’re constantly working to reduce fees and improve efficiency, making cross-border payments more accessible,” Lin adds.

The Role of Partnerships in Shaping the Future

Partnerships play a crucial role in advancing cross-border payment solutions. By collaborating with other industry leaders, Thunes is able to offer flexible payment options tailored to diverse markets. “Whether a recipient prefers a mobile wallet,a bank account,or another method,we ensure funds are delivered quickly and efficiently,” Lin explains. This adaptability is essential for businesses operating in multiple regions.

Looking ahead,Lin believes that such partnerships will set new standards for global payment infrastructure. “This partnership is a meaningful step toward addressing the complexities of cross-border payments,” she says. “By enabling real-time transactions across diverse markets, we’re paving the way for a future where instant, secure, and transparent payments are the cornerstone of the global economy.”

What’s Next for Thunes?

As the payments landscape continues to evolve,Thunes remains committed to innovation and expansion. While specific details about upcoming initiatives remain under wraps, lin hints at exciting developments on the horizon. “we’re always exploring new opportunities to expand our network and enhance our offerings,” she shares. “Our focus is on deepening our capabilities and delivering even greater value to our partners and customers.”

Conclusion

The shift toward real-time payments is transforming the way money moves across borders. With companies like Thunes at the forefront,businesses and consumers can look forward to faster,more secure,and cost-effective payment solutions. As Lin aptly puts it, “The ability to send and receive payments instantly, securely, and transparently will become a cornerstone of the global economy.”

Revolutionizing Cross-Border Payments: Thunes and Hyperwallet Lead the Way

In an increasingly interconnected world, the demand for seamless cross-border payments has never been greater.Companies like Thunes and Hyperwallet are at the forefront of this transformation, working tirelessly to bridge the gap between domestic and international transactions. Their mission? To make global payments as simple and accessible as sending money across town.

sarah Lin, a key figure at Thunes, recently shared her insights on the company’s vision and the groundbreaking partnership with Hyperwallet. “Our goal is to make cross-border payments as seamless and accessible as domestic transactions,” she explained. “We’re excited about the road ahead.”

Driving Innovation in the Payments Space

thunes and Hyperwallet are not just adapting to the changing landscape of global payments—they’re shaping it. By expanding their presence in key markets and forging strategic partnerships, these companies are driving innovation and setting new standards for the industry. Their collaborative efforts aim to eliminate the friction traditionally associated with international transactions, offering users a smoother, faster, and more reliable experience.

“It’s an exciting time for Thunes, Hyperwallet, and the entire payments ecosystem,” Sarah Lin added. “we’re just getting started.”

The Future of Cross-Border Payments

The partnership between Thunes and Hyperwallet represents a significant step forward in the evolution of global payments. By leveraging cutting-edge technology and a customer-centric approach, they are addressing some of the most pressing challenges in the industry. From reducing transaction costs to improving speed and transparency, their efforts are paving the way for a more inclusive and efficient financial ecosystem.

As the demand for cross-border payments continues to grow, the work being done by Thunes and Hyperwallet will undoubtedly play a crucial role in shaping the future of the industry. Their commitment to innovation and accessibility ensures that businesses and individuals alike can benefit from a more connected and seamless financial world.

What This Means for You

For businesses and consumers,the advancements made by Thunes and Hyperwallet translate to tangible benefits. Faster transaction times, lower fees, and enhanced security are just a few of the advantages that come with their innovative solutions. Whether you’re a small business owner looking to expand internationally or an individual sending money to loved ones abroad, these developments promise to make the process easier and more efficient.

As Sarah Lin aptly put it, “We’re just getting started.” With their ambitious goals and unwavering dedication, Thunes and Hyperwallet are poised to redefine the way we think about cross-border payments.

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how do partnerships like the one between Thunes and Hyperwallet contribute to innovation in the realm of cross-border payments?

Et are at the forefront of this change, leveraging innovative technologies and strategic partnerships to address the challenges of global money movement. As businesses and consumers alike seek faster, more secure, and cost-effective payment solutions, the collaboration between Thunes and Hyperwallet represents a significant step forward in the evolution of cross-border payments.

### The Growing Demand for Real-Time Payments

The rise of real-time payments is reshaping the global financial landscape. Consumers and businesses now expect instant access to funds, whether it’s a gig worker receiving earnings or a company managing cash flow. Sarah Lin,chief Strategy Officer at Thunes,emphasizes that “speed and reliability are critical” in today’s fast-paced economy. This demand has driven the adoption of real-time payment systems, particularly in regions like Europe and asia-Pacific (APAC), where such systems are already well-established.

In the U.S.,the adoption of real-time payment networks like the RTP network and the FedNow® Service is accelerating. These systems enable businesses and consumers to move money instantly, securely, and transparently, addressing the inefficiencies of traditional payment methods like ACH and wire transfers. As Lin notes, “The U.S. is catching up, and this is a game-changer.”

### Challenges in Cross-Border Payments

Despite the progress, cross-border payments still face significant challenges. fraud and compliance risks are major concerns, especially in transactions involving multiple jurisdictions. Thunes addresses these issues by implementing robust security measures and adhering to global regulatory standards. “Ensuring safe, secure, and clear money movement is one of our top priorities,” Lin explains.

Another challenge is the high cost of cross-border transactions. fees and inefficiencies can make these payments inaccessible for many businesses and consumers. Thunes is working to optimize the economics of transactions, reducing fees and improving efficiency. “We’re constantly working to make cross-border payments more accessible,” Lin adds.

### The Role of Partnerships in Driving Innovation

partnerships are crucial in advancing cross-border payment solutions.The collaboration between Thunes and Hyperwallet is a prime example of how strategic alliances can enhance payment capabilities. By integrating Hyperwallet into Thunes’ Direct global network, the partnership enables real-time payments to over 450 million mobile wallets and bank accounts across key APAC markets. This adaptability allows businesses to cater to diverse payment preferences,whether recipients prefer mobile wallets,bank accounts,or other methods.

Lin highlights the importance of such partnerships in addressing the complexities of cross-border payments. “This collaboration is a meaningful step toward creating a more interconnected global payments network,” she says. “By enabling real-time transactions across diverse markets, we’re paving the way for a future where instant, secure, and transparent payments are the cornerstone of the global economy.”

### Looking Ahead: The Future of Cross-Border Payments

As the payments landscape continues to evolve, companies like Thunes are committed to innovation and expansion. While specific details about upcoming initiatives remain under wraps, Lin hints at exciting developments on the horizon.”We’re always exploring new opportunities to expand our network and enhance our offerings,” she shares. “Our focus is on deepening our capabilities and delivering even greater value to our partners and customers.”

The shift toward real-time payments is transforming the way money moves across borders. With companies like Thunes leading the charge, businesses and consumers can look forward to faster, more secure, and cost-effective payment solutions.As Lin aptly puts it, “The ability to send and receive payments instantly, securely, and transparently will become a cornerstone of the global economy.”

### Conclusion

The collaboration between Thunes and Hyperwallet underscores the growing importance of real-time payments in the global financial ecosystem. By addressing key challenges and leveraging strategic partnerships, these companies are driving innovation and setting new standards for cross-border payments. As the demand for speed,security,and convenience continues to grow,the future of cross-border payments looks brighter than ever.