Thunes and Banco Cathay Launch Pay-to-Wallet
Analysis based on 9 articles · First reported Mar 19, 2026 · Last updated Mar 19, 2026
The launch of Thunes' Pay-to-Wallet solution by Banco Cathay de Costa Rica is expected to positively impact the cross-border payments market by increasing efficiency and financial inclusion. This collaboration demonstrates a growing trend of integrating traditional banking infrastructure with mobile wallet economies, potentially driving innovation and competition in the fintech sector.
Thunes, a global cross-border payments company, announced the successful activation of its Pay-to-Wallet solution by Banco Cathay de Costa Rica. This innovative solution enables Banco Cathay de Costa Rica to offer seamless digital disbursements to markets where mobile wallets are the primary payment method. The Pay-to-Wallet solution allows any bank connected to SWIFT's global network to join Thunes' Direct Global Network, facilitating fast, transparent, and secure payments to billions of mobile wallets worldwide. This initiative is powered by Thunes' SmartX Treasury System and Fortress Compliance Platform, ensuring end-to-end control and cost-efficiency. Chloé Mayenobe, Deputy CEO at Thunes, and Franklin Wang, Commercial Manager at Banco Cathay de Costa Rica, both highlighted the importance of this alliance for financial inclusion and the future of global payments.
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