Thunes adds Venezuela to its global real-time payments network
Thunes Adds Venezuela to Its Global Real-Time Payment Network
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Thunes now allows banks and payment service providers to send real-time transfers to bank accounts in Venezuela and process transfers through Credito Inmediato Interbancario. The channel supports remittances, freelancer payments, mobile wallets and cash pickup. Remittance inflows to Venezuela in 2025 are estimated at US$6 billion, accounting for 7 percent of GDP, with about half coming from the United States.
The addition of a local instant interbank payment channel in Venezuela, covering wallet and cash pickup use cases, shows the implementation scope of cross-border remittances and freelancer payments.
Source:Fintech News Singapore · fintechnews.sg