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Media
July 21, 2022
In pursuit of the commitment to foster financial empowerment, financial independence and inclusivity across the world, TerraPay, the global payments infrastructure company, today announced a strategic partnership with BRAC Bank, one of Bangladesh’s fast-growing banks. Through this association, non-resident Bangladeshis living and working away from home, in other countries, will be able to send real-time digital cross-border payment to their friends and families, using TerraPay’s interoperability platform.
TerraPay | Newsroom
April 14, 2022
Leading global digital payments infrastructure company, TerraPay, announces that it has secured the money services business (MSB) license in the State Of Florida, The United States Of America. This license will facilitate the company’s unparalleled and robust cross-border payments infrastructure to mobilize international remittances from the region in real-time, at low costs, and help offer diverse value-added financial payment services to TerraPay’s partners and their customers present globally.
TerraPay | Newsroom
23 March, 2022
TerraPay, a global payments infrastructure company, facilitating borderless digital transactions and Network International (Network), the leading enabler of digital commerce across the Middle East and Africa (MEA), has successfully executed the first live African mobile wallet-based transaction in the UAE using Network’s N-GeniusTM POS terminal.
TerraPay | Newsroom
February 03, 2022
TerraPay, a global digital payments infrastructure and solutions provider group, today announced the partnership with Sikhona Money Transfer, a trusted money transfer platform in South Africa, licensed by the South African Reserve Bank. Through this partnership, both the companies aim to simplify the complexities and costs associated with cross-border payments and strengthen the inflow of digital remittances into South Africa.
TerraPay | Newsroom
January 27, 2022
In a strategic move to further strengthen the payment solutions business, TerraPay, a leading global payments infrastructure company has signed a Memorandum of Understanding (MOU) with NPCI International Payments Limited (NIPL), the International arm of National Payments Corporation of India(NPCI). This association with NIPL will allow Indians with an active UPI ID to receive real-time, international payments into their bank accounts via TerraPay’s adaptive and secure payments technology.
TerraPay | Newsroom
January 18, 2022
TerraPay, a leading global payments infrastructure company, is proud to announce its partnership with DOKU, Indonesia’s first payments technology company, in offering seamless and real-time global P2P and business payments. This strategic association will enable pay-ins and payout solutions from and to Indonesia. DOKU customers will now be further empowered - from individuals receiving funds from their family and friends across the globe, instantly; to merchants, SMEs and corporates driving fast and safe borderless payouts to their vendors and customers, no matter where they reside on the global map.
TerraPay | Newsroom
December 17, 2021
TerraPay, a leading global payments infrastructure company, is proud to join hands with Flocash, a prominent provider of payment services powering ecommerce in Middle East & Africa, for large cross-border business payments. In a strategic move to further strengthen the global payments ecosystem, this partnership is a turning point for the majority of Flocash’s travel merchants starting with African markets, to efficiently and seamlessly manage their business payouts across the world instantly, with a single connection to TerraPay’s payment rails.
TerraPay | Newsroom
December 15, 2021
TerraPay, a leading global payments infrastructure company has signed a Memorandum of Understanding (MoU) with Xendit Group, a leading digital payments solution provider in Southeast Asia. This strategic association will allow merchants and businesses in Indonesia and Philippines to receive cross border business payments from around the globe. Under the proposed association, the companies will enable a large addressable market globally to transact across Xendit Group’s terminals in the Indonesia and Philippines corridor.
TerraPay | Newsroom
December 10, 2021
Akbar Hussain Co-founder and General Counsel at TerraPay, along with other panel experts joined in to discuss the Mauritius FinTech landscape and how with the recent launch of the crowdfunding regulations, Mauritius is further consolidating its position as a platform of choice for International Fintech players through regulatory leadership.
TerraPay | Events
December 10, 2021
At the IMTC EMEA Conference, Ambar Sur, Founder & CEO of TerraPay, was interviewed by Hugo Cuevas Mohr.
TerraPay | Interviews
December 08, 2021
On its path to building a global payments ecosystem, TerraPay - a leading global payments infrastructure company, today announced its partnership with cutting-edge machine learning (ML) company, Scribble Data. The partnership is part of TerraPay’s investment into its data science and analytics function, to improve the scale and quality of decisioning logic, build thought leadership, and enable new product development.
TerraPay | Newsroom
November 19, 2021
TerraPay, a leading global payments infrastructure company, bolstered its operation in the LATAM region after successfully launching in the USA and Canada earlier this year.
TerraPay | Newsroom
November 15, 2021
TerraPay, a global payments infrastructure company, today announced its association with MTN Mobile Money Uganda Limited, a leading telecom operator in Uganda and part of the MTN Group. The partnership will enable MTN Mobile Money Uganda Limited in facilitating international digital cross border remittances and speedy money transfers to beneficiaries in regions such as India and China.
TerraPay | Newsroom
October 20, 2021
TerraPay, a global payments infrastructure company, today announced the partnership with LuLu International Exchange, part of the LuLu Financial Group- a leading global financial services provider. This strategic collaboration will enable Lulu’s customers to network key global corridors such as USA, Canada, the subcontinent countries, key African countries like Kenya, Tanzania, Ghana, Uganda, Nigeria, China, Vietnam, Indonesia, Europe with SEPA payments and the United Kingdom to receive secure and low-cost cross-border money transfers from UAE. This partnership will allow TerraPay to access Lulu Exchange’s 5 million+ customer base
TerraPay | Newsroom
October 08, 2021
TerraPay, a leading global payments infrastructure company today announced the appointment of Koert Grasveld as Vice President-Payments. Koert will be responsible for managing and expansion of TerraPay’s Payments business across current and new partners.
TerraPay | Newsroom
October 07, 2021
In a strategic move to strengthen the Payment Solutions business, TerraPay, a global payments infrastructure company today announced the appointment of Mr. Deepak Bhutra as the President of Business Development and Strategy-Payments. Deepak brings in over two decades of rich frontline industry experience across various organizations, helping them build their businesses and become future-proof by developing innovative business strategies.
TerraPay | Newsroom
October 04, 2021
Diaspora residents can now send money transfers to friends and family in South Sudan. In pursuit of the commitment to foster financial empowerment, financial independence and inclusivity across the world, TerraPay, the global payments infrastructure company, announces its entry into South Sudan in partnership with mGurush, South Sudan's pioneer mobile money platform.
TerraPay | Newsroom
September 21, 2021
Embarking on the first step to enter the Colombian region for enabling cross-border digital payments, TerraPay, today announced a strategic partnership with MOVii, a leading mobile wallet service that allow both banked and unbanked Colombians to do financial transactions from their mobile phone, with ease, convenience and security.
TerraPay | Newsroom
September 11, 2021
Without a doubt, the pandemic has had a pervasive and long-term impact on people and businesses across the world. While its effects on migration, and therefore on remittances, have been better than unexpected, the transformation that has followed demands adaptability from everyone.
TerraPay | Events
September 11, 2021
Ani Sane,Co-founder & Chief Business Officer, TerraPay participated in an insightful virtual conference with IMTC EMEA 2021 Panel on 'Business payments and money transfers'.
TerraPay | Events
August 23, 2021
TerraPay, a leading global payments infrastructure company, announced its partnership with QIWI Bank Russia, which operates the CONTACT Payment System. QIWI Bank belongs to QIWI plc, a publicly traded Russian payment service provider headquartered in Nicosia. that operates electronic online payment systems. The partnership aims at facilitation of instant payouts to RUB bank accounts of individuals and legal entities in Russia and to QIWI wallets.
TerraPay | Newsroom
August 17, 2021
TerraPay, a global payments infrastructure company has signed a Memorandum of Understanding (MoU) with Network International (Network) to develop and deliver a first-of-its-kind payment solution on an interoperable platform, in the UAE. Network International, headquartered in Dubai, is a leading enabler of digital commerce across the Middle East and Africa (MEA) region. With this association, TerraPay expands its presence across the thriving Middle Eastern payments market.
TerraPay | Newsroom
August 12, 2021
TerraPay, a global payments infrastructure company, today announced the partnership with BOSS Revolution Money Transfer - the international remittance service of IDT Corporation (NYSE: IDT) to provide BOSS Revolution's customers with new money transfer destinations across Africa, Asia, LATAM and Europe. BOSS Revolution has already begun offering seamless and secure payments to mobile wallets in Senegal and Benin through TerraPay.
TerraPay | Newsroom
August 9, 2021
On its path to strengthen and unify the global payments ecosystem, by offering a seamless cross border remittances platform, TerraPay a global payments infrastructure company, today announced a partnership with Bank of Abyssinia for bank account payouts in Ethiopia.
TerraPay | Newsroom
August 4, 2021
TerraPay, a global digital payments infrastructure company and solutions provider, today announced the partnership with Sentinels, a transaction monitoring solution dedicated to data-driven compliance for the financial industry.
TerraPay | Newsroom
August 2, 2021
TerraPay, a global digital payments infrastructure company and solutions provider, today onboarded Prashanthi Reddy as Senior Vice President- Business Strategy & Delivery. Prashanthi brings with her two decades of rich frontline industry experience across various organizations, helping them become future proof and creating new lines of business.
TerraPay | Newsroom
July 27, 2021
In a strategic move to build and strengthen international operations with a rich talent pool, TerraPay today onboarded Vinay Trivedi as Global Head - HR and Administration, to lead the global HR efforts and also hone the responsibility of Administration at the company.
TerraPay | Newsroom
July 05, 2021
TerraPay, a global payments infrastructure company, today announced a strategic partnership with MIC Tanzania PLC (Tigo Pesa) a subsidiary of Millicom International Cellular, that will propel TerraPay in facilitating inbound digital cross border remittances into Tanzania.
TerraPay | Newsroom
June 28, 2021
TerraPay, a global payments infrastructure company today announced its partnership with EasySend, a remittance platform providing fast and convenient money transfers across Europe.
TerraPay | Newsroom
June 25, 2021
Rizwan Qazi, Vice President - Special Projects & Partnerships, TerraPay shares his insights on the concept of 'Buy Now, Pay Later' (BNPL) in the expanding digital ecosystem. Here, he demystifies the practices of BNPL and paying in installments, and explains what’s making the BNPL format massively popular amongst consumers across the world.
TerraPay | Articles
June 14, 2021
TerraPay, a leading global payments infrastructure company, today announced a partnership with UPT, to facilitate automated international remittances into Turkey.
TerraPay | Newsroom
June 10, 2021
Rizwan Qazi, Vice President - Special Projects & Partnerships, TerraPay participated in an insightful virtual session with Lafferty News on ‘Buy Now Pay Later’ (BNPL) in the expanding digital ecosystem.
TerraPay | Events
June 4, 2021
Ambar Sur, Founder & CEO, TerraPay shares his thoughts on the latest trends and revolutions in the industry. Here, he also explains how imperative it is for financial institutions to be interconnected in order to make the smallest payment secure and seamless.
TerraPay | Articles
June 3, 2021
Strengthening our presence in Pakistan for real-time international money transfers, we welcome our new partner, Bank of Punjab.
TerraPay | Newsroom
June 1, 2021
Ambar Sur, Founder & CEO, TerraPay in Events with Michael Lafferty, on the Company’s vision of interconnecting even the smallest payment instruments in the global financial ecosystem.
TerraPay | Interviews
May 6, 2021
TerraPay, a global digital payments infrastructure company and solutions provider, today announced the onboarding of Mr. Jagathesh K as the Director of Business of Operations....
TerraPay | Newsroom
May 5, 2021
TerraPay, a global digital payments infrastructure company and solutions provider, today announced the onboarding of Andronica Mphahlele as Regional Manager for the South African Region....
TerraPay | Newsroom
April 14, 2021
In a strategic move to strengthen the Payment Solutions business in the Asia region, TerraPay, a global payments infrastructure company today announced the appointment of Sanjeeva Kumar as Senior Vice President...
TerraPay | Newsroom
April 14, 2021
With this strategic appointment, TerraPay forays into the Latin American sub-continent...
TerraPay | Newsroom
March 8, 2021
TerraPay, a leading global payments infrastructure company, announced its expansion into Bank Account payments in USA...
TerraPay | Newsroom
February 25, 2021
Sanjeev will head the Treasury division of the Company, leading Foreign Exchange management, Liquidity management and correspondent banking business...
TerraPay | Newsroom
February 23, 2021
TerraPay, a global payments infrastructure company, has raised a senior secured loan of up to USD $20 Mn from Lendable Inc., a leading provider of debt to financial technology...
TerraPay | Newsroom
December 21, 2020
The Hague, Netherlands, December 21, 2020: TerraPay, a global payments infrastructure company, and URemit, a money services business provider, have announced a partnership for ushering in the benefits...
TerraPay | Newsroom
December 7, 2020
TerraPay, a global payments infrastructure company has won the “Interoperability as a Service innovation” award in the ‘Innovation for Africa’ category...
TerraPay | Newsroom, Awards
November 2, 2020
In a strategic move to strengthen the Payment Solutions business, TerraPay, a global payments infrastructure company today announced the appointment of Ritesh Pai...
TerraPay | Newsroom
October 26, 2020
Canada’s growth lends itself to an increasing population of immigrants boosting the economy. Fuelling its aim to attract migrants to the nation in the next few years calls for a seamless and secure framework to...
TerraPay | Newsroom
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...
TerraPay | Newsroom
October 5, 2020
erraPay has announced strategic partnerships with eSewa Money Transfer and GME Remit, in offering cross border payments to and from the Himalayan region – Nepal. Staying focused on empowering the global payments ecosystem participants...
TerraPay | Newsroom
September 16, 2020
TerraPay announces the appointment of Mohd Saif Abbasi as Associate Director – Legal.Saif’s credentials speak volumes as a dual-qualified attorney...
TerraPay | Newsroom
September 7, 2020
TerraPay announces the appointment of Ron Vollebregt as Chairman of the Board.Ron joins TerraPay as a global entrepreneur with over 25 years of rich experience...
TerraPay | Newsroom
September 1, 2020
TerraPay announces the appointment of Mr. Ganapathy Subramaniam (GS) as its Chief Financial Officer. He has over 38 years of experience as a senior finance professional primarily...
TerraPay | Newsroom
August 28, 2020
The current insurance market presents a significant challenge for buyers and sellers of insurance which in turn requires greater innovation, understanding and differentiated level of service. To address the requirements related to payments in the insurance business, TerraPay and Deinon Risk Services join hands to make the process of buying...
TerraPay | Newsroom
August 28, 2020
TerraPay and Bank Alfalah have announced a partnership for offering remittance payment services in Pakistan. Through this partnership, overseas Pakistanis will be able to use TerraPay's partners' network to instantly deposit money to any bank account in Pakistan. With this service, Bank Alfalah is reinforcing its commitment to facilitating overseas partners...
TerraPay | Newsroom
August 28, 2020
Both companies will work together to drive real-time digital remittances, interoperability, financial inclusion and drive adoption of cashless payments. Netherlands, 24 June 2020 — TerraPay, a global payments infrastructure company and Visa have today announced a strategic partnership that aims to develop and deliver payment solutions to drive financial inclusion...
TerraPay | Newsroom
April 27, 2020
In a welcome move, and against worldwide news of salary cuts and retrenchments, TerraPay today announced the recruitments of six senior level positions across North America, East Africa, Middle East and Asia, showing the company is very well placed to combat the challenges posed during the current world crisis caused...
TerraPay | Newsroom
March 3, 2020
Fintech TerraPay raises $9.6 million from Prime Ventures, IFC, and Partech Amsterdam, the Netherlands, March 03, 2020: TerraPay announced today that a consortium of investors, including Prime Ventures, Partech Africa and management acquired the company for an undisclosed sum. In addition, the same investors, joined by IFC, invested $9.6 million...
TerraPay | Newsroom
February 20, 2019
Sri Lankan migrants worldwide can now send money instantly and 24*7 to any bank account in Sri Lanka Amsterdam and Colombo – 20th February 2018 - TerraPay has partnered with Pan Asia Bank which enables TerraPay’s network partners to make instant cross-border money transfer to all bank accounts in Sri...
TerraPay | Newsroom
December 13, 2018
Western Union (NYSE: WU), a leader in cross-border, cross-currency money movement, announces an alliance with TerraPay to enable mobile wallet and bank account payout. The alliance further expands upon Western Union’s account payout network for sending remittances directly into customers’ mobile wallets across Europe, Africa, Asia and Latin America. TerraPay’s...
TerraPay | Newsroom
July 11, 2018
London, UK – 11th July 2018: GIMAC, the regional electronic money transfer platform of Central Africa and TerraPay, the world’s first mobile payments switch have signed a strategic partnership agreement that will strengthen the remittances ecosystem in CEMAC region. The partnership will enable instant cross border money transfer to bank...
TerraPay | Newsroom
May 17, 2017
TerraPay, the world’s first mobile payments switch, announced today that it has received the Frost & Sullivan Visionary Innovation leadership award for international remittances in Sub-Saharan Africa. The remittances market is relatively underdeveloped in Africa due to the high transaction fees and the limited presence...
TerraPay | Newsroom, Awards
March 13, 2017
Putting GSMA's mobile money standards to work Interview - Ambar Sur, Founder & CEO, TerraPay - Payments Source Mobile money apps have proven to be a major force in building financial services in emerging economies, but under the hood they can be starkly different. "There's really not been standards when you...
TerraPay | Interviews
February 28, 2017
Pathway Created for International Micro-Transfers
TerraPay | Articles

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