Paydek, a UK-based payments company, today announced its partnership with Thunes , a leading global payments network, to offer its customers better payment options and gain a broader international reach, especially in emerging markets.
The Paydek platform supports a large global base of corporate and individual clients in processing payments to more than 160 countries. These clients, such as website designers, freelancers, and payroll companies, can now pay workers, vendors, and partners quickly, reliably, and profitably.
Through Thunes’ extensive global network of partners and strong technology capabilities , the alliance will enable local currency payments, expanding the scale, speed and processing efficiency of Paydek services, critical to business continuity. More than 80 countries are expected to join the Paydek payments network after its partnership with Thunes.
The significant increase in global coverage will include countries in Europe, Latin America, Africa and Asia , offering enormous opportunities for small and medium-sized businesses to expand their reach in the market. A Berlin-based e-commerce startup could now easily, quickly and reliably make payments to a production facility in Bangladesh.
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”For a freelancer, getting paid can be frustrating in terms of the currency and the way you want to get paid. The Paydek platform solves this problem by offering our clients the ability to manage international payments with our unique multi-currency IBAN accounts, allowing our corporate and individual clients to hold funds in up to 39 currencies, and offering them the option to withdraw them from their bank in your local currency or from your prepaid cards. The ability to provide fast payment service and a wide variety of payment options is critical to your financial stability, “said Terry Hopkinson , Managing Director of Paydek. “By adding Thunes support to Paydek’s local wire transfers in emerging markets, we are better positioned to better serve our customers.”
“We are pleased to partner with Paydek and provide new payment possibilities for their customers,” said Peter De Caluwe , CEO of Thunes . “Through this collaboration, Paydek can benefit from access to Thunes’ global network and especially from our positioning in emerging markets. This creates new possibilities for private and business customers to make international payments in real time quickly. and efficiency, no matter where they are.
