Xpress Money, Ter­raPay en­able real-time money trans­fer to Africa

Muscat Daily - - PRESS RELEASES -

Xpress Money, one of the world’s most de­pend­able money trans­fer brands, has part­nered with Ter­raPay, the world’s first mo­bile pay­ments switch, to en­able real-time in­ter­na­tional money trans­fers to mo­bile wal­lets in Africa. Pow­ered by Ter­raPay’s global clear­ing and set­tle­ment ser­vice for mo­bile wal­lets, the part­ner­ship will make it faster and con­ve­nient for Xpress Money con­sumers to send money to mo­bile ac­counts, in real time.

In the ini­tial roll­out, cus­tomers can send re­mit­tances to any mo­bile num­ber or bank ac­count in Nige­ria as well as di­rectly to Vo­da­com M-Pesa, Tigo Pesa, Air­tel Money and Zan­tel Ezy Pesa wal­lets in Tan­za­nia by visit­ing the near­est Xpress money out­let across 165 coun­tries.

Am­bar Sur, founder & CEO of Ter­raPay, said, “Ter­raPay has brought mo­bile wal­lets main­stream by in­ter­con­nect­ing them with the ex­ten­sive global net­work of Xpress Money for cross­bor­der money trans­fer. Our part­ner­ship will play a piv­otal role in ex­pand­ing our foot­print into new mar­kets.”

Sud­hesh Giriyan, COO, Xpress Money, said, “The con­ve­nience of mo­bile wal­lets is slowly chang­ing our cus­tomers’ re­mit­tance pat­terns. Its ad­van­tages in­clude con­ve­nience and of­fer cus­tomers lower fees and fi­nan­cial in­clu­sion.”

Newspapers in English

Newspapers from Oman

© PressReader. All rights reserved.