Barq teams up with Thunes to accelerate premium remittance services in Saudi Arabia
In a significant move towards digitalizing payments, Saudi Arabia's financial services company, Barq, has partnered with global payments infrastructure provider, Thunes. This collaboration aims to deliver enhanced money transfer services in the Kingdom through Thunes' Direct Global Network.
The Saudi Arabian remittance market is undergoing rapid transformation, driven by the country's Vision 2030 program to digitize payments. This partnership between Barq and Thunes is delivering impact at scale, reaffirming their shared commitment to delivering efficient, customer-focused payment experiences.
Barq, the digital wallet of choice in Saudi Arabia, is strengthening its role with the live remittance services provided by Thunes. This alliance offers a best-in-class service for consumers in the Saudi Arabian remittance market, enabling faster, more reliable remittances.
The partnership between Barq and Thunes is supporting Saudi Arabia's vision for a digital-first financial ecosystem. By going live with remittance services, they are empowering Barq's customers with improved payment solutions, a crucial step in Barq's journey to deliver innovative and accessible financial services.
Thunes' trusted solutions are playing a crucial role in helping Barq deliver on its mission. This live launch is an important milestone, marking a significant advancement in the digital payments landscape of Saudi Arabia. The partnership between Barq and Thunes is set to revolutionize the remittance market, offering a more seamless and efficient payment experience for consumers.
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