Companies are also partnering as digital cross-border trade accelerates
IN BREIF:
- Collaboration will connect Visa solutions to the TerraPay network to help streamline digital cross-border commerce for consumers and SMBs
- This connection will empower seamless person-to-person remittances for individuals, as well as business pay-outs for small and medium businesses
- TerraPay and Visa's collaboration will pave the way for holistic pay-in and pay-out solutions that can enhance the usage of eligible commercial cards for SMEs
What does this mean?
Ambar Sur, Founder and CEO, TerraPay, said, "It gives me great pride to say that TerraPay's relationship with Visa is so much more than a collaboration. With Visa joining us as a key investor, this strategic alliance truly reflects a huge stride forward for global digital payments. We are thrilled to give shape to our joint vision of building a connected and empowered world of digital payments."
