Manila, Philippines – Thunes, a financial services firm, has recently unveiled a strategic collaboration with Philippine-based digital wallet GCash to offer a cross-border digital wallet top-up solution.
In this partnership, GCash users can now fund their wallets directly from the U.K. and European bank accounts within the app. This move provides faster and more cost-effective cross-border top-ups, providing European GCash users greater ease and financial flexibility.
Said initiative further underscores their shared commitment to financial inclusion and community empowerment by enabling users to better manage their finances and spending.
With Thunes’ proprietary direct global network and SmartX Treasury System and Fortress Compliance Platform, the digital wallet firm also enables customers to access unrivalled speed, control, visibility, protection, and cost efficiencies on cross-border account top-ups within their GCash account.
Paul Albano, general manager at GCash International, said, “We are delighted to be a member of Thunes’ Direct Global Network to enable GCash users to top up their accounts instantly from their overseas bank accounts.”
“This service will support hundreds of thousands of Filipinos in the U.K. and Europe by improving how they move money across borders into their digital wallets with better control over their finances. In this way, Filipinos living abroad can better utilise GCash to maintain ties with their home communities,” he added.
Floris de Kort, CEO at Thunes, also stated, “We are expanding our collaboration with GCash, a long-standing valued member of our Direct Global Network, to transform digital wallet top-ups. Through Thunes’ Direct Global Network, we are now delivering an instant top-up service that simplifies cross-border transactions.”
“Our alliance with GCash is a testament to our passion for innovation, the versatility of our proprietary network, and our dedication to financial inclusion through money movement around the world,” de Kort further explained.