Media Year: 2024

TerraPay, a global money movement company, has been granted a Major Payment Institution (MPI) License under the Payment Services Act 2019 by the Monetary Authority of Singapore (MAS)—a significant milestone solidifying TerraPay’s position as a cross-border payments powerhouse. TerraPay now has 11 licenses and 19 regulatory approvals in 30 markets, globally. With the approval from… Continue reading TerraPay Receives MPI License from the MAS

In a significant development for the remittance sector, TerraPay, a global cross-border payments network, has announced a strategic partnership with Alfardan Exchange. This collaboration aims to leverage TerraPay’s advanced digital payment infrastructure and Alfardan Exchange’s established presence in the industry, marking a pivotal moment in the evolution of cross-border remittance solutions. Alfardan Exchange, a prominent… Continue reading TerraPay and Alfardan Exchange Join Forces for Advanced Digital Cross-Border Remittance Solutions

TerraPay group, the leading global cross-border payments network, is pleased to announce the appointment of Louise Brett as an Independent Director at Terra Payment Services (UK) Limited (TerraPay UK). Louise brings a wealth of experience and a distinguished career in the financial services industry. In this role, Louise will serve as a vital link between… Continue reading TerraPay Welcomes Louise Brett as an Independent Director

TerraPay, a global leader in cross-border payments, is pleased to announce a strategic partnership with Banco G&T Continental, a distinguished financial institution in Guatemala. This collaboration marks TerraPay’s first direct partnership in Central America and is a significant advancement in the cross-border remittance sector, aimed at providing seamless and innovative solutions for Guatemalans abroad to… Continue reading TerraPay and Banco G&T Continental Forge Strategic Alliance to Revolutionize Cross-Border Remittances

TerraPay, a leading global cross-border payments network company, and Diamond Trust Bank Uganda (DTBU), a prominent member of the Diamond Trust Bank Group, today announced a strategic partnership to expand international money transfers and strengthen financial inclusion in Uganda. Together, both firms will deliver unparalleled benefits to customers worldwide. The key attributes of this partnership… Continue reading TerraPay joins forces with Diamond Trust Bank Uganda to simplify global money transfers in Uganda

TerraPay, a global money movement company, is pleased to announce the appointment of Ruben Salazar Genovez, recently the Global Head of Visa Direct, as President.   As a seasoned veteran of the payments industry with experience at Visa, Citibank, Barclays and Mastercard, Mr Salazar Genovez has established himself as a respected leader in the payments industry.… Continue reading TerraPay appoints Ruben Salazar Genovez, former Head of Visa Direct, as President