23 July 2024

TerraPay Partners with SWIFT for Global Account-to-Wallet Payments

Written By FinTech Alliance in FinTech

TerraPay Partners with SWIFT for Global Account-to-Wallet Payments

TerraPay has announced a new partnership with SWIFT to enable financial institutions to facilitate international account-to-wallet payments. 

This collaboration leverages TerraPay's global payments network and SWIFT's financial messaging services to provide a seamless and secure way for financial institutions to send funds directly from bank accounts to mobile wallets across various regions. This move aims to enhance financial inclusion by providing a more accessible and efficient cross-border payment solution, especially in regions where mobile wallet usage is prevalent.

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