{"id":12963,"date":"2025-09-17T04:29:28","date_gmt":"2025-09-17T04:29:28","guid":{"rendered":"https:\/\/fintechnews.ae\/?p=27721"},"modified":"2025-09-17T04:29:28","modified_gmt":"2025-09-17T04:29:28","slug":"thunes-and-barq-roll-out-expanded-remittance-services-in-saudi-arabia","status":"publish","type":"post","link":"https:\/\/mena-fintech.org\/demo\/thunes-and-barq-roll-out-expanded-remittance-services-in-saudi-arabia\/","title":{"rendered":"Thunes and barq Roll Out Expanded Remittance Services in Saudi Arabia"},"content":{"rendered":"<p><a href=\"https:\/\/fintechnews.ae\/tag\/thunes\"  rel=\"noopener\">Thunes<\/a>, a global payments network, and barq, a growing digital wallet in Saudi Arabia, have announced the launch of barq\u2019s expanded remittance services for consumers across the Kingdom.<\/p>\n<p>Through Thunes\u2019 international network, barq users can now transfer money across borders, with funds delivered in real time to mobile wallets and bank accounts worldwide.<\/p>\n<p>The service builds on barq\u2019s existing financial products, which include international remittances, payment cards, and digital wallet solutions.<\/p>\n<p>The launch follows the collaboration between Thunes and barq announced in 2024, aimed at expanding reach and providing more reliable services to Saudi customers.<\/p>\n<p>Saudi Arabia has one of the largest remittance markets globally, undergoing transformation as part of the Vision 2030 programme to digitise payments.<\/p>\n<p>By combining barq\u2019s local presence with Thunes\u2019 international infrastructure, the partnership seeks to strengthen remittance options available to consumers.<\/p>\n<figure id=\"attachment_27722\" aria-describedby=\"caption-attachment-27722\" style=\"width: 150px\" class=\"wp-caption alignleft\"><img decoding=\"async\" class=\"wp-image-27722 size-thumbnail\" src=\"https:\/\/fintechnews.ae\/wp-content\/uploads\/2025\/09\/Thamer-Alharbi-150x150.png\" alt=\"Thamer Alharbi\" width=\"150\" height=\"150\" srcset=\"https:\/\/fintechnews.ae\/wp-content\/uploads\/2025\/09\/Thamer-Alharbi-150x150.png 150w, https:\/\/fintechnews.ae\/wp-content\/uploads\/2025\/09\/Thamer-Alharbi-300x300.png 300w, https:\/\/fintechnews.ae\/wp-content\/uploads\/2025\/09\/Thamer-Alharbi-450x450.png 450w, https:\/\/fintechnews.ae\/wp-content\/uploads\/2025\/09\/Thamer-Alharbi.png 500w\" sizes=\"(max-width: 150px) 100vw, 150px\" \/><figcaption id=\"caption-attachment-27722\" class=\"wp-caption-text\">Thamer Alharbi<\/figcaption><\/figure>\n<blockquote>\n<p>\u201cOur collaboration with Thunes has moved from vision to reality. By going live with these services, we are empowering our customers with faster, more reliable remittances and strengthening barq\u2019s role as the digital wallet of choice in Saudi Arabia. This is another important step in our journey to deliver innovative and accessible financial services, and Thunes\u2019 trusted solutions are helping us to deliver on this mission,\u201d<\/p>\n<\/blockquote>\n<p>said Thamer Alharbi, Director of International Partnerships at barq.<\/p>\n<figure id=\"attachment_27667\" aria-describedby=\"caption-attachment-27667\" style=\"width: 150px\" class=\"wp-caption alignright\"><img loading=\"lazy\" loading=\"lazy\" decoding=\"async\" class=\"wp-image-27667 size-thumbnail\" src=\"https:\/\/fintechnews.ae\/wp-content\/uploads\/2025\/09\/Ahmad-Yaacoub-150x150.jpeg\" alt=\"Ahmad Yaacoub\" width=\"150\" height=\"150\" srcset=\"https:\/\/fintechnews.ae\/wp-content\/uploads\/2025\/09\/Ahmad-Yaacoub-150x150.jpeg 150w, https:\/\/fintechnews.ae\/wp-content\/uploads\/2025\/09\/Ahmad-Yaacoub-300x300.jpeg 300w, https:\/\/fintechnews.ae\/wp-content\/uploads\/2025\/09\/Ahmad-Yaacoub-450x450.jpeg 450w, https:\/\/fintechnews.ae\/wp-content\/uploads\/2025\/09\/Ahmad-Yaacoub.jpeg 654w\" sizes=\"auto, (max-width: 150px) 100vw, 150px\" \/><figcaption id=\"caption-attachment-27667\" class=\"wp-caption-text\">Ahmad Yaacoub<\/figcaption><\/figure>\n<blockquote>\n<p>\u201cWe are proud to see our partnership with barq delivering impact at scale. With this live launch, Thunes and barq reaffirm their shared commitment to delivering efficient, and customer-focused payment experiences, supporting Saudi Arabia\u2019s vision for a digital-first financial ecosystem,\u201d<\/p>\n<\/blockquote>\n<p>said Ahmad Yaacoub, Vice President MENA and Country Head for Saudi Arabia at Thunes.<\/p>\n<p>&nbsp;<\/p>\n<p><em>Featured image credit: Edited by Fintech News Middle East, based on image by <a href=\"https:\/\/www.freepik.com\/free-vector\/digital-money-transfer-technology-background_4025865.htm#fromView=search&amp;page=1&amp;position=1&amp;uuid=eeb12ff5-a107-4fdc-a188-84f375d29f8f&amp;query=remittance\"  rel=\"noopener\">starline <\/a>via Freepik<\/em><\/p>\n<p>The post <a href=\"https:\/\/fintechnews.ae\/27721\/fintech-saudi-arabia\/thunes-barq-remittance-services-saudi-arabia\/\">Thunes and barq Roll Out Expanded Remittance Services in Saudi Arabia<\/a> appeared first on <a href=\"https:\/\/fintechnews.ae\/\">Fintechnews Middle East<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Thunes, a global payments network, and barq, a growing digital wallet in Saudi Arabia, have announced the launch of barq\u2019s expanded remittance services for consumers across the Kingdom. Through Thunes\u2019 international network, barq users can now transfer money across borders, with funds delivered in real time to mobile wallets and bank accounts worldwide. The service [&#8230;]<\/p>\n<p>The post <a href=\"https:\/\/fintechnews.ae\/27721\/fintech-saudi-arabia\/thunes-barq-remittance-services-saudi-arabia\/\">Thunes and barq Roll Out Expanded Remittance Services in Saudi Arabia<\/a> appeared first on <a href=\"https:\/\/fintechnews.ae\/\">Fintechnews Middle East<\/a>.<\/p>\n","protected":false},"author":15,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[393,200,173,391],"tags":[],"class_list":["post-12963","post","type-post","status-publish","format-standard","hentry","category-barq","category-saudi-arabia","category-saudia-arabia","category-thunes"],"_links":{"self":[{"href":"https:\/\/mena-fintech.org\/demo\/wp-json\/wp\/v2\/posts\/12963","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mena-fintech.org\/demo\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mena-fintech.org\/demo\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mena-fintech.org\/demo\/wp-json\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/mena-fintech.org\/demo\/wp-json\/wp\/v2\/comments?post=12963"}],"version-history":[{"count":1,"href":"https:\/\/mena-fintech.org\/demo\/wp-json\/wp\/v2\/posts\/12963\/revisions"}],"predecessor-version":[{"id":12964,"href":"https:\/\/mena-fintech.org\/demo\/wp-json\/wp\/v2\/posts\/12963\/revisions\/12964"}],"wp:attachment":[{"href":"https:\/\/mena-fintech.org\/demo\/wp-json\/wp\/v2\/media?parent=12963"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mena-fintech.org\/demo\/wp-json\/wp\/v2\/categories?post=12963"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mena-fintech.org\/demo\/wp-json\/wp\/v2\/tags?post=12963"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}