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MTN MoMo PSB & Thunes Unlock Global Money Access in Africa

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MTN MoMo PSB and Thunes Partner to Revolutionize Global Money Access for Nigerians

MoMo Payment Service Bank (MoMo PSB), the innovative fintech division of Nigeria’s leading mobile network operator, MTN, has announced a landmark collaboration with Thunes, a global B2B platform specializing in cross-border payments. This strategic alliance is set to significantly enhance the financial lives of MoMo PSB users by enabling them to receive international funds instantly, thereby streamlining global money access across Nigeria. This partnership marks a pivotal step in expanding MoMo PSB’s international remittance capabilities, offering unparalleled convenience and speed for inbound transfers.

Empowering Millions Through Expanded Remittance Channels

This crucial partnership strategically broadens MoMo PSB’s reach, allowing its approximately 2.7 million Nigerian users to receive money from a diverse range of key global markets. These include major economic hubs such as the USA, UK, Canada, France, Australia, Saudi Arabia, Israel, and South Africa. By becoming a member of Thunes’ Direct Global Network, MoMo PSB is now equipped to provide real-time access to these international funds. This instant access is invaluable for everyday transactions, empowering users to seamlessly manage their finances, whether it’s for buying airtime, settling bills, sending money to family and friends, or engaging in digital commerce. Beyond remittances, MoMo PSB, leveraging its position within Nigeria’s largest mobile network, offers a comprehensive suite of digital financial services, including payments, e-commerce, and insurance, reinforcing its commitment to driving financial inclusion in the African tech landscape.

The collaboration between MTN MoMo PSB and Thunes underscores the growing importance of seamless cross-border payments in Africa’s rapidly evolving digital economy. This integration provides a robust, efficient, and secure channel for international remittances, directly addressing the critical need for fast and reliable money transfers. Ultimately, it empowers more Nigerians to connect with global opportunities and manage their financial needs with unprecedented ease and speed.

Keywords

Related Keywords: MTN MoMo PSB, Thunes, global money access, crossborder payments, international remittances, mobile money expansion, MTN MoMo Thunes partnership, digital payment solutions, PSB payment solutions, fintech collaboration

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