SINGAPORE and SHANGHAI, Jan. 22, 2026 /PRNewswire/ — Thunes, the Smart Superhighway to move money around the world, today announces the launch of faster, more reliableSINGAPORE and SHANGHAI, Jan. 22, 2026 /PRNewswire/ — Thunes, the Smart Superhighway to move money around the world, today announces the launch of faster, more reliable

Thunes and UnionPay International Launch Instant Money Transfers to China’s mainland

SINGAPORE and SHANGHAI, Jan. 22, 2026 /PRNewswire/ — Thunes, the Smart Superhighway to move money around the world, today announces the launch of faster, more reliable, and more transparent payments into China’s mainland following a deepened collaboration with UnionPay International (UPI).

With the new collaboration, Thunes has launched a direct technical connection from its Direct Global Network to UnionPay’s infrastructure, significantly enhancing its existing support for the UnionPay MoneyExpress remittance service. The direct connection will result in streamlined access to a massive base of UnionPay cardholders across 79 major Chinese banks, including Industrial and Commercial Bank of China (ICBC), Agricultural Bank of China (ABC), Bank of China (BoC), China Construction Bank (CCB), Bank of Communications (BOCOM), China Merchants Bank (CMB) for Thunes’ Members globally including banks, neobanks, super apps, gig economy platforms, digital wallets and money transfer operators

Despite being the world’s second-largest economy, sending money to China has traditionally been complex, and hindered by hidden fees and the need for recipients to manually declare funds. Thunes’ direct connection to UnionPay resolves these frictions. By connecting directly, the collaboration between UnionPay and Thunes enables a seamless Pay-to-Card experience where transactions are credited in real-time or within 12 hours.

Through its Direct Global Network, Thunes Members are able to access a domestic-style payment journey for international payments to China’s mainland with exchange rates locked in upfront, ensuring funds arrive directly as RMB to UnionPay debit cards in China’s mainland without any manual intervention.

Aik Boon Tan, Chief Network Officer at Thunes, said: “Establishing a direct connection with UnionPay International is a game-changer for our Direct Global Network. This goes beyond access, it represents a high-speed, direct-to-card rail into a leading economy without the friction of traditional cross-border payments. Our Members around the world can offer their customers a truly domestic-like payment experience to a massive base of UnionPay cardholders, ensuring that sending money to China’s mainland is as simple as sending a text message.”

UnionPay MoneyExpress is a cornerstone of UnionPay International’s cross-border remittance strategy, providing a secure and efficient way for funds to reach China’s mainland. The collaboration with Thunes strengthens the bridge between global financial institutions and Chinese cardholders. This new integration ensures that the benefits of MoneyExpress, including upfront FX rates and rapid settlement, are delivered with maximum reliability to users worldwide.

Learn about Thunes:  www.thunes.com

Cision View original content:https://www.prnewswire.com/news-releases/thunes-and-unionpay-international-launch-instant-money-transfers-to-chinas-mainland-302667106.html

SOURCE Thunes

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

MoneyGram launches stablecoin-powered app in Colombia

MoneyGram launches stablecoin-powered app in Colombia

The post MoneyGram launches stablecoin-powered app in Colombia appeared on BitcoinEthereumNews.com. MoneyGram has launched a new mobile application in Colombia that uses USD-pegged stablecoins to modernize cross-border remittances. According to an announcement on Wednesday, the app allows customers to receive money instantly into a US dollar balance backed by Circle’s USDC stablecoin, which can be stored, spent, or cashed out through MoneyGram’s global retail network. The rollout is designed to address the volatility of local currencies, particularly the Colombian peso. Built on the Stellar blockchain and supported by wallet infrastructure provider Crossmint, the app marks MoneyGram’s most significant move yet to integrate stablecoins into consumer-facing services. Colombia was selected as the first market due to its heavy reliance on inbound remittances—families in the country receive more than 22 times the amount they send abroad, according to Statista. The announcement said future expansions will target other remittance-heavy markets. MoneyGram, which has nearly 500,000 retail locations globally, has experimented with blockchain rails since partnering with the Stellar Development Foundation in 2021. It has since built cash on and off ramps for stablecoins, developed APIs for crypto integration, and incorporated stablecoins into its internal settlement processes. “This launch is the first step toward a world where every person, everywhere, has access to dollar stablecoins,” CEO Anthony Soohoo stated. The company emphasized compliance, citing decades of regulatory experience, though stablecoin oversight remains fluid. The US Congress passed the GENIUS Act earlier this year, establishing a framework for stablecoin regulation, which MoneyGram has pointed to as providing clearer guardrails. This is a developing story. This article was generated with the assistance of AI and reviewed by editor Jeffrey Albus before publication. Get the news in your inbox. Explore Blockworks newsletters: Source: https://blockworks.co/news/moneygram-stablecoin-app-colombia
Share
BitcoinEthereumNews2025/09/18 07:04
South Korea Prosecution Loses Bitcoin Worth $48 Million

South Korea Prosecution Loses Bitcoin Worth $48 Million

The post South Korea Prosecution Loses Bitcoin Worth $48 Million appeared on BitcoinEthereumNews.com. Key Points: Gwangju Prosecutors’ Office loses $48 million
Share
BitcoinEthereumNews2026/01/22 18:25
PEPE Price Prediction: Was Pepe’s Price Increase Short-Lived? Why This New Crypto Has The Potential for Long-Term

PEPE Price Prediction: Was Pepe’s Price Increase Short-Lived? Why This New Crypto Has The Potential for Long-Term

Recent PEPE price prediction analyses highlight a brief surge driven by influencer hype, yet many experts warn it could fade […] The post PEPE Price Prediction:
Share
Coindoo2026/01/22 18:40