PayQuicker Teams Up with Thunes on Digital Wallets
Overview
PayQuicker is an innovative global payouts orchestration solution based in the U.S. that provides businesses instant payouts and disbursements in local currencies.
The company supports a wide range of payment use cases, including gig and on-demand workers, affiliate marketplaces, accounts payable, and direct sales programs.
The Problem
Many of PayQuicker’s clients’ beneficiaries use digital wallets, especially in emerging markets. PayQuicker was looking to add additional digital wallets to their Payouts Orchestration API.
They required a partner that could integrate quickly and meet rigorous compliance and AML requirements with efficient onboarding.
The Solution
Thunes and PayQuicker collaborated to offer payouts to a variety of digital wallets.
The integration process was streamlined with rapid onboarding using Thunes’ Money Transfer API. Once the setup was completed, PayQuicker piloted the new capability and launched it within a few months.
Paul Beldham, Chief Executive Officer of PayQuicker, underscored the benefits of incorporating digital wallets: “We issue payouts for a variety of use cases around the world – for commissions, influencers and affiliate marketers. By working with Thunes, we’ve added the capability to provide e-wallets, a way many people prefer to receive their money.”
The Impact
By collaborating with Thunes, PayQuicker can now offer its customers access to over 120 digital wallets and APMs worldwide, including Gcash in the Philippines, Orange Money in Africa, and Alipay in China.
The benefits are clear for PayQuicker:
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Its customers’ ultimate beneficiaries– direct sellers, content creators and gig economy workers, could get paid more rapidly.
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By offering more payout methods, its customers could operate in more markets and access new revenue streams.
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Digital wallet integration increases end-user utilisation and loyalty.
“Thunes has been instrumental in expanding our product offerings to new and existing clients. By providing access to e-Wallets, our customers can better build their global user base and enhance the payout experience.”
Paul Beldham
CEO, PayQuicker