In this episode of Couchonomics with Arjun, we welcome Peter De Caluwe, the CEO of Thunes, a global payments network that enables cross-border payments from 130 countries. Peter shares with us how Thunes is revolutionizing the way international payments are made, making them faster, easier, and more affordable. Thunes is focused on remittance companies, payroll providers, and the travel industry, but Peter emphasizes that anyone who does international payments is a potential Thunes customer.

Peter discusses how Thunes is working to solve the challenges of cross-border payments, such as regulatory frameworks in different countries. He highlights the importance of following regulations for each country they operate in and the creative solutions they have to come up with to deliver their promise of making cross-border transactions cheaper and faster.

With its innovative technology and strategic partnerships with financial institutions across the globe, Thunes is making a significant impact in the emerging markets. Peter believes that Thunes can fix a big problem by bringing efficiencies into the sector, especially since billions of dollars are being sent out of the UAE every year.

Peter also speaks about his other company, DT One, a global B2B digital micropayments platform powering cross-border transfers of mobile top-ups, gift cards, and gaming pins. He explains how DT One offers a rewards program that helps increase customer loyalty and retention.

Overall, this episode offers an insightful conversation into the world of cross-border payments and the challenges that come with it. Peter's expertise and experience in the industry provide valuable insights into the future of international payments and the role that Thunes is playing in making it more accessible and affordable.

 

Additional Topics Discussed:

The importance of customer experience in the payments industry

The impact of the pandemic on the payments industry and the rise of digital payments

How Thunes is working to reduce fraud in the payments industry.

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