Ontario, Canada / Netherlands – October 15, 2020: TerraPay, a global payments infrastructure company and EbixCash World Money Ltd have announced a partnership for offering cross border payments from Canada.
With a vision to enable digital remittances globally, we have made a move towards the great white North. This partnership will enable EbixCash customers and partners in Canada to send instant payments to more than 100 countries through TerraPay’s secure, efficient and scalable payment infrastructure, connecting over 2 Billion Bank Accounts and 500 Million Mobile wallets.
TerraPay has established itself as a global partner to leading banks, money transfer operators, mobile wallet operators and financial institutions to facilitate digital transactions without borders. As a B2B company, TerraPay partners with other businesses and helps them leverage its robust and agile technology platform to enhance their customer proposition for remittances, payments, and cross border spends. TerraPay is regulated in over 45 countries around the world.
Speaking on the launch of the partnership, Amit Khurana, Director, EbixCash World Money Limited, Canada stated,“We are excited to partner with TerraPay, which has over the years built a credible name as a payments infrastructure provider. This partnership will help us scale up our remittance business and cater to multiple communities across Canada. Our strong focus on the customer experience resonates with that of TerraPay. We are sure that this partnership will help us deliver innovative and more convenient solutions to our customers in the future.”
“In our quest for global financial inclusion, we look forward to embarking on a new partnership connecting the payments ecosystem with transactions initiated by EbixCash World Money Limited, Canada. An exciting road ahead in leveraging their strong payment network in the region, with our scalable, secure and real-time global payment infrastructure.” said Ambar Sur, Founder and CEO of TerraPay.
TerraPay is a licensed digital payments infrastructure and solutions company helping connect diverse payment systems securely to move funds in real-time. TerraPay’s investors include Prime Ventures, Partech Partners, the International Financial Corporation, and its founding team.
About EbixCash World Money Limited, Canada
EbixCash World Money Limited, Canada is a FINTRAC registered Foreign Exchange and Remittance Solutions Company based out of Toronto. It is part of the Ebix Group. EbixCash World Money, India is the largest Exchange house for Foreign Currencies and Remittances in India.
For more information, please visit ebixcash.ca.
Press Contact: Anwesha Mukherjee,+91-971-724-1606