{"id":564964,"date":"2024-11-13T11:47:28","date_gmt":"2024-11-13T10:47:28","guid":{"rendered":"https:\/\/ibsintelligence.com\/?post_type=ibsi_news&#038;p=564964"},"modified":"2024-11-13T11:47:28","modified_gmt":"2024-11-13T10:47:28","slug":"thunes-papara-team-to-enable-cross-border-transfers-in-turkiye","status":"publish","type":"ibsi_news","link":"https:\/\/ibsintelligence.com\/ibsi-news\/thunes-papara-team-to-enable-cross-border-transfers-in-turkiye\/","title":{"rendered":"Thunes &amp; Papara team to enable cross-border transfers in T\u00fcrkiye"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\" wp-image-564966 alignright\" src=\"https:\/\/ibsintelligence.com\/wp-content\/uploads\/2024\/11\/Papara.jpg\" alt=\"Papara, Cross Border Payments, Thunes, Turkey, \" width=\"176\" height=\"176\" srcset=\"https:\/\/ibsintelligence.com\/wp-content\/uploads\/2024\/11\/Papara.jpg 200w, https:\/\/ibsintelligence.com\/wp-content\/uploads\/2024\/11\/Papara-150x150.jpg 150w, https:\/\/ibsintelligence.com\/wp-content\/uploads\/2024\/11\/Papara-100x100.jpg 100w\" sizes=\"auto, (max-width: 176px) 100vw, 176px\" \/>Thunes has welcomed Turkish FinTech <a href=\"https:\/\/www.papara.com\/en\">Papara<\/a> as a new Member of its Direct Global Network to facilitate cross-border payments to and from T\u00fcrkiye. This collaboration empowers Papara users in T\u00fcrkiye, enabling them to send money into 3 billion mobile wallet accounts, 4 billion bank accounts, and 15 billion cards in over 80 currencies to more than 130 countries.<\/p>\n<p>The cooperation also enables fast, simple and affordable international money transfers directly to Papara accounts, marking the first time such a service is available in T\u00fcrkiye.<\/p>\n<p>With over 21 million users, Papara offers comprehensive digital services facilitating various domestic and international financial transactions. The alliance allows <a href=\"https:\/\/ibsintelligence.com\/ibsi-news\/thunes-gcash-team-up-to-launch-cross-border-digital-wallet-solution\/\">Thunes&#8217;<\/a> extensive Direct Global Network Members to send money directly to Papara accounts in real-time, providing a faster, more convenient way to transfer money to T\u00fcrkiye.<\/p>\n<p>With Thunes&#8217; in-house SmartX Treasury System and Fortress Compliance Platform, the Network&#8217;s members receive unrivalled speed, control, visibility, protection, and cost efficiencies when making real-time payments globally.<\/p>\n<p><strong>Simon Nelson, Chief Revenue Officer at Thunes<\/strong>, said: &#8220;It is an honour to welcome Papara to our proprietary Direct Global Network. Papara users in the Republic of T\u00fcrkiye can send money to Africa, Asia, Europe, the Middle East, and North and South America, supporting Papara in its quest to offer compelling international money transfer services to its users.&#8221;<\/p>\n<p><strong>Aik Boon Tan, Chief Network Officer at Thunes<\/strong>, added: &#8220;We are thrilled to partner with Papara to expand our Network&#8217;s reach into T\u00fcrkiye. By enabling direct transfers to Papara accounts, we are removing traditional barriers and offering a more efficient service for cross-border payments into T\u00fcrkiye to Members of our Direct Global Network.&#8221;<\/p>\n<p><strong>Emre Kenci, CEO at Papara,<\/strong> said, &#8220;Our partnership with Thunes significantly enhances Papara&#8217;s cross-border payment capabilities, providing our users with a trusted and secure platform for international transfers. Now, millions of Papara users can receive money from around the world directly into their accounts\u2014a major step forward as they continue to send money using our expanding global money transfer service. This alliance enriches our offerings and reaffirms our commitment to delivering innovative financial solutions for our users.&#8221;<\/p>\n","protected":false},"author":35737,"featured_media":564966,"parent":0,"template":"","categories":[42764],"tags":[11668,47707,11515,48074,20008,16136,11732,13048,11419,12578,48073,13790,13049],"class_list":["post-564964","ibsi_news","type-ibsi_news","status-publish","has-post-thumbnail","hentry","category-digital-payments","tag-cross-border-payments","tag-direct-global-network","tag-fintech","tag-fortress-compliance-platform","tag-international-money-transfer","tag-mena","tag-middle-east","tag-papara","tag-real-time-payments","tag-remittances","tag-smartx-treasury-system","tag-thunes","tag-turkey"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.9 (Yoast SEO v24.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Thunes &amp; Papara team to enable cross-border transfers in T\u00fcrkiye<\/title>\n<meta name=\"description\" content=\"Thunes has welcomed Papara as a new Member of its Direct Global Network to facilitate cross-border payments to and from T\u00fcrkiye.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ibsintelligence.com\/ibsi-news\/thunes-papara-team-to-enable-cross-border-transfers-in-turkiye\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Thunes &amp; Papara team to enable cross-border transfers in T\u00fcrkiye\" \/>\n<meta property=\"og:description\" content=\"IBS Intelligence (IBSi) is the world\u2019s only pure-play Financial Technology focused research, advisory, and fintech news analysis firm, with a 30-year track record and clients globally. 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