TerraPay

Peru, with a population of 32 million, has emerged as a key player in the remittance market, receiving $4.446 billion in 2023. Notably, around 40% of adults remain underbanked, highlighting the urgent need for efficient, user-friendly financial solutions. TerraPay has partnered with Yape, Peru's leading super app, empowering Yape users to receive remittances directly from TerraPay's extensive network. Key benefits: Immediate access: Receive international transfers without visiting physical branches, enhancing convenience. Diverse functionality: Utilise funds across app features, promoting a cashless economy and financial inclusivity. Enhanced user base: Over 5 million Yape users, previously excluded from the BCP financial system, will now benefit from the transformative power of TerraPay’s wallet network in underserved communities. This collaboration spans all of Peru, enabling access to cross-border remittances from nearly all countries, including Chile, the USA and Spain, essential for supporting Peruvian families. Want to hop onto TerraPay's network? Meet our team at Booth number - 11721 Money20/20 Las Vegas 2024 Arun K Valliappan | Ani Sane | Ram Sundaram | Hassan Chatila | Ruben Salazar Genovez | Ralph Koker | Sudhesh Giriyan | David Backshall | @Oren C. | Juan L. Hernandez | Tanush Sane | Oliver Fellowes | Paula Valle | @Gustavo A Bencid Jr | @Anthony Short | Carolina Arbulu Know all about this partnership here: https://okt.to/emARCx #TerraPay #Yape #FinancialInclusion #Partnership #CrossBorderPayments #Money2020USA

Is Regulatory Fragmentation Holding Back Financial Progress? Did you know that 1.4 billion people remain unbanked globally? Regulatory fragmentation complicates efforts to provide financial services to these individuals, and others. Join Ani Sane at Money20/20 Las Vegas 2024 on The Money Pot Live podcast, where he’ll share his thoughts on: 1. Navigating Regulatory Challenges: Explore how a unified approach to regulations can simplify compliance and foster growth in the digital economy. 2. Driving Financial Inclusion: Learn how digital wallets are crucial for reaching underserved populations and promoting economic participation. 3. Transforming Money Movement: Discover how TerraPay is addressing these challenges, enabling faster, more affordable cross-border transactions. Watch the podcast live on October 29th at 3:15 PM PDT at The Money Pot Booth 2. Join our global money movement! https://okt.to/ROtG0k Arun K Valliappan | Ani Sane | Ram Sundaram | Hassan Chatila | Ruben Salazar Genovez | Ralph Koker | Sudhesh Giriyan | David Backshall | Juan L. Hernandez | Tanush Sane | Oliver Fellowes | Paula Valle | @Anthony Short I Oren C. I Gustavo A Bencid Jr #Money2020 #TerraPay #DigitalPayments #FinancialInclusion #RegulatoryHarmony

From a physical leather wallet to having our digital economy in our pockets, the meaning of ‘wallets’ has changed. Today, 53% of consumers prefer digital wallets over traditional payment methods, highlighting a clear shift towards the future of finance. Recently, Bassem Awada - MBA took the stage at Seamless KSA, discussing how the Middle East is leading the way with over 80% smartphone penetration and 85% of individuals using at least one digital payment method in the past year. He emphasized that the region is well on its way to becoming a cashless economy, and with a projected 19.73% CAGR, the Middle East and Africa are together emerging as one of the world’s fastest-growing digital payment ecosystems. We, at TerraPay are enabling the next generation of digital wallets, with access to a wide network of 3.7 Bn+ mobile wallets and 7.5 Bn+ bank accounts. Read more on our partnerships in the region https://okt.to/TFWJGD Ahmed Belal | Moustafa Hussein | Mohammed Mourad | Hisham Andari #SeamlessKSA #TerraPay #DigitalWallets #DigitalPayments

With remittances projected to grow significantly in 2025, remittances to China are expected to reach $53 billion. To facilitate this, TerraPay and Tenpay Global are forming a strategic partnership to integrate remittances into the Weixin Pay ecosystem. Key highlights of this partnership: Direct transfers: Seamlessly send money to Weixin Pay users in China. Extensive network: Connect to over 1 bn Weixin and WeChat users through remittances. Faster transactions: Users can enjoy quicker transactions. Financial inclusion: Built for millions who want to send money effortlessly to their loved ones. By combining our strengths, we’re driving seamless remittances that empower users to stay connected. Curious to learn more? Dive into our partnership insights here https://okt.to/Or1GK7 Rammy Naguiat | Joy Nguyen | Sheshagiri (Sukesh) Malliah | Hassan Chatila | Ambar Sur | Ruben Salazar Genovez #TerraPay #TenpayGlobal #Fintech #Remittance #WeChat #WeixinPay

A packed room at Sibos 2024 for the “Unleashing the Potential of Digital Wallets” panel! As cross-border payments evolve, driven by global workforces and expanding trade, the rise of digital wallets is unlocking tremendous opportunities. From driving financial inclusion in emerging markets to enabling seamless cross-border transactions, the future of payments is promising, yet complex. The panel highlighted how digital wallets are pushing the boundaries of global financial services, bringing new use cases of interoperability to life. Financial institutions understand that collaboration is crucial to delivering services and building a network at scale.  At TerraPay, we believe digital wallets are more than a convenience—they're lifelines for financial inclusion and interoperability, especially in markets where they serve as the primary financial tool for millions. The key to making this possible lies in aligning compliance standards across different payment systems and markets, a robust infrastructure, and collaboration. Thank you to the panelists - Ashutosh Chaturvedi CFE,CRCMP, Madhu Jadhav, Min Wei Wu, Ram Sundaram and Vijay Lulla for an insightful conversation and for their shared optimism! Meet our team at #Sibos2024 at booth #B34 - Ani Sane Ram Sundaram David Backshall Sanjeev Gupta Hassan Chatila Sheshagiri (Sukesh) Malliah Ashik Rao Read about our collaboration with Swift here - https://lnkd.in/gtPiHr6M #FinancialInclusion #DigitalWallets #CrossBorderPayments #TerraPay

We've had a very exciting Day 1 at Sibos 2024, packed with insights! If you're at the event, come meet us at booth #B34. With our latest collaboration with Swift, you can access payouts to 2.4 billion wallets worldwide. By integrating Swift's connectivity with TerraPay's extensive network, we're enabling instant payouts to unbanked regions. Here’s what our partnership brings: Direct wallet payments: Seamless transfers to digital wallets, moving beyond traditional banking. Boosted efficiency & security: Faster, safer transactions for underserved areas. Meeting demand: Tackling the growing need for advanced payment solutions in unbanked regions. Together, we’re simplifying global payments! Get all the partnership insights here: https://okt.to/17EUmH Ambar Sur | Thierry Chilosi | Ram Sundaram | Ani Sane | Hassan Chatila | Sanjeev Gupta | David Backshall #Swift #TerraPay #FinancialInclusion #Sibos2024

Join Ram at Sibos as he discusses "Unleashing the Potential of Digital Wallets." Discover the opportunities for collaboration to enhance financial inclusion for wallet users, particularly in underserved regions. Ram adds that compliance isn’t a challenge, it’s simply hygiene. The biggest challenge is communicating an understanding of the compliance baseline when building interoperability. Join him and Ashutosh Chaturvedi CFE,CRCMP | Madhu Jadhav | Vijay Lulla | Wu Min Wei | Ram Sundaram on 23 Oct - 13:30 pm - 14: 00 pm CST, at the Swift theatre. https://okt.to/8Vfu3e

We're gearing up for Sibos 2024, ready to engage with industry leaders and stay at the forefront of payments and financial services. Don’t miss our Co-founder and COO, Ram Sundaram, as he takes the stage to dive into the rise of digital wallets. Come by booth #B34 on Oct 22 from 4 PM onwards for happy hours and a 1:1 chat about our growing digital wallet network. Learn how we're making strides into unbanked regions with Swift. Book a meeting with us: https://okt.to/vWVPZ9 We can’t wait to connect with you! #Sibos2024 #TerraPay #Swift #DigitalPayments #FinancialInclusion #Fintech

Customers in Africa are willing to leave their wallets at home but always carry their phones. According to GSMA, mobile money transaction values in 2021 grew fastest in the Middle East and North Africa (49%), followed by Sub-Saharan Africa (40%). Willie Kanyeki spoke about ‘Leveraging the power of online engagement: impressing today’s customers and overcoming connectivity barriers at Seamless Africa. He focused on: Interactive strategies to meet evolving digital customer expectations. Leverage mobile dominance in Africa to boost customer engagement. Design platforms for reliable performance in areas with unstable internet. Utilise targeted content to enhance customer satisfaction and brand loyalty. Discover how our digital wallet network streamlines global payouts with ease—visit https://okt.to/TlB6Yg

How are we solving for the issue of interoperability in digital wallets? The Wallet Interoperability Council: Developed alongside 5 leading wallet players to leverage TerraPay’s technology to facilitate interconnection and interoperability in cross-border transactions. airtel, bKash Limited , Safaricom PLC , Nequi and Sama Money Recently, some members of the council spoke to Forbes about the future of wallets. Ani Sane | Esther Masese Waititu | Ruben Salazar Genovez | Ali Ahmmed Read the full article here https://okt.to/lekKmu #DigitalPayments #TerraPay #FinancialInclusion #MPESASafaricom #bKash #CrossBorderPayments #WalletInteroperability