Absa Group, one of Africa’s largest diversified financial services providers, has partnered with Thunes, a global payments network provider, to launch Absa Global Pay, a new digital-first remittance solution designed to make cross-border money transfers faster, more affordable and more accessible for customers across Africa.
The solution is available to Absa customers through the Absa Banking App and Connected Banking (Absa Online), offering instant settlement to 18 countries, with six markets included in the initial release: the UK, Kenya, India, Malawi, Pakistan and Zimbabwe. Customers can send funds to bank accounts, mobile wallets or approved cash pick-up points, with real-time notifications and full transaction visibility throughout the process.
Absa Global Pay is built around affordability and transparency, combining Absa’s scale across key African markets with Thunes’ Direct Global Network to offer lower fees, clear pricing and competitive foreign exchange rates. The aim is to ensure a greater proportion of each transaction reaches the recipients who rely on remittances as a financial lifeline.
The launch follows a series of recent payment innovations from Absa, including Absa Pay — a secure online platform enabling customers to complete e-commerce purchases without sharing their banking login details — as well as a bill payments service developed in partnership with EasyPay and Pay@.
Read more: https://fintech.global/2026/03/09/absa-and-thunes-launch-absa-global-pay-for-africa/
