TerraPay appoints network head amid new partnership with MultiPass
Hassan Chatila has been named as VP and global network head, joining from Western Union.
Hassan Chatila has been named as VP and global network head, joining from Western Union.
TerraPay says it will leverage the licence to “strengthen existing and new partnerships” in the APAC region.
TerraPay says the union will enable the bank to “facilitate direct account deposits from any part of the world”.
Salazar Genovez joins TerraPay directly from a 10-year tenure at Visa Direct.
The partnership will extend the app’s remittance network to over 200 countries worldwide.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
With the approval, TerraPay is now looking to expand within Italy and subsequently across the European Union.
In partnership with Pan Asia Bank.
In the name of mobile wallet and bank account payouts.
Mobile payments switch TerraPay and money transfer company Instant Cash have teamed up to enable real-time cross border money transfers for migrants that want to send money back to Africa to recipients’ mobile wallets. Powered by TerraPay’s global clearing and settlement service for mobile wallets, the partnership “will make cross-border money transfer faster and convenient […]
Mobile payments switch TerraPay has partnered with Yes Bank to enable real-time international money transfers to bank accounts in India – with the Indian migrant market firmly in their sights. TerraPay provides its clearing and settlement service, and via a “Rupee Drawing Arrangement”, its network partners can make the transfers to bank accounts in the […]
TerraPay, a mobile-first international network, has bought UK-based Pay2Global Limited to boost its ambitions for European expansion in payments. Pay2Global is being rebranded as Terra Payment Services. In an outright purchase, Netherlands-based TerraPay, which is part of the Mahindra Group, has acquired 100% of Pay2Global for an undisclosed amount. Pay2Global is a digital international money […]