Thunes, a leading global payment infrastructure provider, has announced a groundbreaking partnership with UnionPay International to facilitate instant money transfers to mainland China, marking a significant step in enhancing cross-border payment solutions.
This collaboration, launched on January 22, 2026, aims to provide faster, more reliable, and transparent remittance services, catering to the growing demand for seamless financial transactions in one of the world’s largest economies.
Expanding Access to China’s Financial Ecosystem
The partnership leverages Thunes’ Smart Superhighway technology to connect with UnionPay’s extensive network, ensuring near-instantaneous transfers to individuals and businesses across mainland China.
UnionPay International, a subsidiary of China UnionPay, operates one of the largest card payment networks globally, making it a key player in China’s financial landscape and a vital partner for Thunes’ expansion strategy.
Historical Context of Cross-Border Payments in China
Historically, cross-border payments to China have faced challenges such as high fees, slow processing times, and regulatory complexities, often deterring individuals and small businesses from engaging in frequent transactions.
Thunes’ entry into this space builds on its previous collaborations, such as partnerships with WeChat Pay HK and Sterling Bank in Nigeria, showcasing its commitment to breaking down financial barriers worldwide.
Impact on Global Remittance and Trade
The ability to send money instantly to mainland China is expected to have a profound impact on diaspora communities, expatriates, and businesses reliant on swift cross-border remittances.
This service also supports China’s growing role in global trade, as small and medium enterprises (SMEs) can now settle payments with Chinese suppliers more efficiently, fostering stronger economic ties.
Future Prospects for Digital Payments
Looking ahead, experts predict that partnerships like Thunes and UnionPay International’s will pave the way for further innovations in digital payments, potentially integrating emerging technologies like blockchain or central bank digital currencies (CBDCs).
With China’s digital yuan (e-CNY) gaining traction, there is speculation that future collaborations could incorporate such advancements to enhance transaction security and efficiency.
For now, Thunes and UnionPay International remain focused on ensuring user accessibility and affordability, setting a new standard for remittance services to mainland China.
As global demand for instant payment solutions continues to rise, this partnership signals a transformative shift in how money moves across borders, with China at the forefront of this financial revolution.
Alfred Lee
