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Thunes and Costa Rica’s Banco Cathay launched a real-time cross-border payment service via Swift, enabling transfers to 7 billion mobile wallets in 130 countries.
Thunes and Costa Rica’s Banco Cathay have launched a cross-border payment service allowing banks to send money directly to mobile wallets worldwide using Swift’s network.
The Pay-to-Wallet solution, powered by Thunes’ SmartX Treasury System and compliance platform, enables real-time transfers to over 7 billion mobile wallets across 130 countries and 80 currencies.
Banco Cathay is the first bank to activate the service, expanding access for underbanked and mobile-first users.
The system connects traditional banking with digital payment networks, supporting over 320 payment methods including M-Pesa and GCash.
The initiative enhances global payment interoperability and financial inclusion by leveraging Swift’s infrastructure for faster, secure, and compliant transactions.
Thunes y el Banco Cathay de Costa Rica lanzaron un servicio de pago transfronterizo en tiempo real a través de Swift, permitiendo transferencias a 7 mil millones de billeteras móviles en 130 países.