Thunes Launches QR Payment Solution for Global Apps in China

Thunes Launches QR Payment Solution for Global Apps in China
Thunes Launches QR Payment Solution for Global Apps in China

Hey Payment Fanatic!

Thunes has launched its QR Code Payments solution, transforming how foreign travelers can pay in China.

This innovation allows mobile wallets, neo-banks, and financial app users to seamlessly connect with China's popular payment systems like e-CNY, Alipay, and WeChat Pay, simply by scanning QR codes. As China promotes visa-free travel policies, this couldn’t come at a better time.

"With this launch, we're empowering our Members to provide their app users the convenience of paying like a local in China, quickly, dependably, and with full transparency," said Floris de Kort, CEO of Thunes.

As China’s shift toward a cashless economy accelerates, Thunes' solution will remove barriers for millions of travelers, making payments more secure, seamless, and local-like.

Keep for more payments updates below. I'll be back tomorrow with more.

Cheers,

Marcel


Stay Updated on the Go. Join my new Telegram channel for daily updates and real-time breaking news. Stay informed and connect with industry enthusiasts —subscribe now!

Join The community of Payments Fanatics Now!

INSIGHTS

📊 Digitalization Trends in the Cross-Border Checkout Revolution. This paper examines new policy, industry and technology developments in the digital payment arena over the past four years in the Asia Pacific region. Check out the four key trends and read the complete report here


PAYMENTS NEWS

🇬🇧 Ecommpay shortlisted in the Top 1% Workplace Awards.

Ecommpay has been shortlisted in the Harrington Starr Top 1% Workplace Awards 2024 in the Best DE&I Initiative category, highlighting its commitment to diversity, equity, and inclusion.

The business also launched a dedicated inclusivity programme – Ecommpay for Good - which focuses on inclusivity and providing merchants with critical support to improve their own accessibility. 

Miranda McLean, Chief Marketing Officer at Ecommpay commented on the shortlisting: “Ecommpay is a business that hires people who are passionate about making things better. Change-makers who love to do what's right, not what's easy. Shifting the focus of our brand to address the critical issue of accessibility is part of that commitment and we are delighted that the judges of the Top 1% Workplace Awards recognise this vision.”

🇺🇸 PayQuicker debuts Common Bank application to expedite onboarding and streamline client experience. The new solution simplifies the approval process by providing a unified platform that integrates all necessary bank approvals into a seamless experience, significantly enhancing client interactions.

🇺🇸 Ingo Payments has appointed Joseph Akintolayo as Chief Innovation Officer. Joseph joined Ingo Payments a few weeks ago and has begun contributing his visionary leadership and entrepreneurial expertise to the company's innovation strategy.

🇬🇧 Noda introduces Pay & Go orchestration platform for registration, KYC, and payment processing. The platform streamlines the process into one seamless flow, helping merchants significantly boost sign-up conversion rates, and enhances merchant acquisition.

🇬🇧 MeaWallet partners with Toqio to expand its digital card capabilities. Toqio's partnership enhances its tokenization services and integrates push provisioning technology into its card offerings. This allows corporate customers in the UK and Spain to adopt and distribute digital cards compatible with Apple Pay and Google Pay.

🇳🇬 Nigeria’s OmniRetail acquires SME payments platform Traction apps to bolster its point of sale (POS) and inventory management services for African SMEs. OmniRetail says the acquisition will “strengthen our support for retailers, distributors, and manufacturers”.

🇮🇹 Tinaba with Banca Profilo becomes Europe’s first FinTech to integrate Alipay+ Mini Programmes. This integration by Ant International allows Tinaba to create an open platform for third-party developers to build and publish Mini Programs within its app, establishing a new digital ecosystem for businesses of all sizes.

🇺🇿 TBC Uzbekistan announces strategic partnership with Visa. This collaboration paves the way for introducing Visa cards and additional payment solutions through Visa Direct, expanding payment options for TBC’s customers.

🇨🇳 Tenpay Global & TerraPay to enable international money transfers to more than one billion Weixin and WeChat users. This collaboration allows transfers directly to Weixin Pay users in China, enhancing TerraPay's focus on seamless, secure, and efficient remittance solutions. Read on

🇪🇺 Tietoevry Banking and Tapster partner to expand wearable paytech across Europe. This partnership aims to redefine the future of payments across Europe, enabling Tietoevry Banking to provide Tapster’s payment solutions to its European bank clients.

🇮🇳 Paytm shares dive after FinTech pioneer’s revenue slides 34%. The payments company is trying to rebound from regulatory setbacks, with sales declining amid tough competition in the cut-throat Indian market. Read on

🇨🇭 Temenos launches Cross Border Payments Enterprise Service to power faster, lower-cost international payments. The service is designed for organizations currently supporting or looking to support cross-border payment flows, offering a scalable and cost-effective solution.

🇶🇦 Doha Bank and Nium partner to introduce real-time cross-border payments in Qatar. This collaboration marks Nium's inaugural partnership in Qatar, underscoring its commitment to revolutionizing the landscape of international payments. 

🇪🇺 Europe's Target Settlement system to join cross-border instant payment project Nexus, which aims to create a centralized connection for instant payment networks globally. It will leverage ISO 20022 messaging standards and a suite of purpose-built APIs.

🇬🇧 Pipe makes strategic push into UK through GoCardless partnership. Under the partnership, Pipe's customer-friendly capital offering will be accessible via the GoCardless platform, providing simple and seamless capital access for its UK customer base. 

🇺🇸 MoneyLion launches MoneyLion Checkout, bringing e-Commerce simplicity to financial services. This new solution will let consumers complete financial transactions across hundreds of providers in real time without leaving the MoneyLion platform.


Want your message in front of 100.000+ FinTech fanatics, founders, investors, and operators?

Shoot me a message on LinkedIn or send me an  e-mail.

Connecting The Dots in FinTech