Thunes powers J P Morgan Payments cross border remittance expansion
Fintech provider Thunes expanded its partnership with J P Morgan Payments to route cross border transfers into bank accounts and mobile wallets across more than 100 payment corridors
Singapore and New York, September 22, 2026 - J.P. Morgan Payments has partnered with Thunes to bolster its cross-border remittance solutions with the integration of the company's Xpedite Remit platform. The collaboration aims to cater to the rising need for rapid, straightforward, and dependable cross-border payments. Xpedite Remit benefits from J.P.
Morgan Payments' real-time payment connections and Thunes' expansive Direct Global Network, offering clients a unified account and connectivity to access over 12 billion mobile wallets and bank accounts in more than 100 corridors. Gayathri Vasudev, Global Head of High Value Payments & FX at J.P. Morgan Payments, stated that clients seek simpler and faster methods to transfer funds internationally and prefer payment methods that suit their needs.
As digital payments gain momentum worldwide, local payment options are becoming the favored choice for consumers and businesses. Peter De Caluwe, Co-Founder and CEO of Thunes, expressed his delight at J.P. Morgan Payments joining their Direct Global Network, emphasizing that Thunes provides the necessary bank-grade security and reliability to facilitate secure and swift global transactions.
Ashish Ajmera, Head of Banking Payments at Chase, highlighted that the enhanced payment rails will enable faster payouts and real-time inbound payments into the U.S. for Chase accounts, serving approximately 94 million consumer and small business customers. The new capabilities will be available globally, including major markets with substantial cross-border remittance flows like India, Mexico, Bangladesh, Brazil, China, Colombia, Indonesia, Kenya, Nigeria, Pakistan, and the Philippines.
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