February 27, 2020 All Things Fintech in Africa

MoneyNetint enters a strategic partnership with TerraPay

MoneyNetint, a leading global payment solution provider, has entered a strategic partnership agreement with TerraPay, a mobile-first international payment network, which will expand and enhance MoneyNetint’s reach into Asia and Africa.

 

This partnership is to allow peer-to-peer transactions where users can transfer funds to a number of key countries, including India, Philippines, Ghana, Nigeria, and Sri Lanka, at competitive rates.

 

The partnership, which is leveraging to move money across borders, will provide a cost-effective option for European-based clients to send funds to the specified countries. Additionally, migrants from these countries can send money to their family and friends back home, instantly by transferring it to their bank account.

According to  Avi Starodubsky, Head of Business Development for MoneyNetint  he believed the partnership will enhance the growth of the company:

“We view this partnership as essential to our company’s continued growth, and look forward to working together with TerraPay. With this expanded service area, MoneyNetint can continue to provide competitively priced, cost-effective payment services to our clients.”

 

While  Ambar Sur, CEO at TerraPay buttertress with this:

“TerraPay is excited about working together with MoneyNetint,”. “We fully expect this partnership to allow more people from around the world to transfer money quickly, safely, and affordably.

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