Source prnewswire
TerraPay and Small World Money Transfer announce strategic partnership to enhance mobile wallet services in Senegal
It is with great pride that TerraPay, a global network of cross-border payments, announces a strategic partnership with Small World Money Transfer, a leading provider of cross-border money transfer services for consumers and businesses alike.. There has been a constant change in the global payments landscape, and this collaboration is set to redefine mobile wallet services in Senegal as a whole. As a result of this collaboration, Wave Wallet account holders in Senegal will be able to receive remittances directly into their wallets via instant bank transfers from the EU and UK, using Small World Money Transfer. There has been a constant change in the global payments landscape, and this collaboration is set to redefine mobile wallet services in Senegal as a whole. As a result of this collaboration, Wave Wallet account holders in Senegal will be able to receive remittances directly into their wallets via instant bank transfers from the EU and UK, using Small World Money Transfer.In the context of this partnership, it is important to recognize the challenges Senegalese expatriates face when making money transfers back home, leaving customers looking for a convenient and secure alternative. The goal of this partnership is to address these challenges by providing a seamless, secure, accessible, and instant solution for customers who wish to send money to loved ones in Senegal.The Managing Director of Small World Money Transfer, Stanley Wachs, expressed excitement about the new partnership with the company and stated, "We are delighted to announce that Small World Money Transfer is now available on all major mobile wallet services in Senegal, with the latest addition of the WAVE mobile wallet through TerraPay.We strive to provide our customers with the ability to send money to their friends, family, and loved ones in the most cost-effective way possible as it is at the heart of our mission." In order to provide our clients with the best service in an easy, fast and secure manner, we have been working tirelessly. This partnership will help us offer our customers more convenience and options when it comes to sending money to Senegal."The TerraPay team is stoked to announce that we will be joining forces with Small World Money Transfer, commented Miller Rodriguez, Strategic Relationships and Sales Manager, Europe - UK, TerraPay.. This partnership is another step that we are taking in order to reinforce our continuous efforts towards simplifying cross-border remittances for our customers". By working together, we are able to make money transfers to and from Senegal more accessible, user-friendly, and seamless so that the people of Senegal are able to stay in touch with their friends and family all around the world.. Through the use of mobile wallets, we are committed to enhancing the cross-border payment landscape while boosting financial inclusion in the region by leveraging the growing popularity of mobile wallets Through the use of mobile wallets, we are committed to enhancing the cross-border payment landscape while boosting financial inclusion in the region by leveraging the growing popularity of mobile walletsAs a trusted source for Senegalese expatriates living around the world, Small World Money Transfer is well known for enabling over 3 million customers to make payments both online and through a vast physical network.. A partnership such as this is in line with TerraPay's commitment to drive financial inclusion around the world as well as helping to expand the company's reach and capabilities, with a particular focus on the Senegalese market.. Through the integration of Small World Money Transfer into the TerraPay network, customers in Senegal can benefit from seamless and instant money transfers directly to their Wave Wallet accounts without having to worry about any additional challenges and complications. Through the integration of Small World Money Transfer into the TerraPay network, customers in Senegal can benefit from seamless and instant money transfers directly to their Wave Wallet accounts without having to worry about any additional challenges and complications.When the demand for efficient cross-border payment solutions is rapidly increasing, it is of vital importance for this partnership to be announced at a crucial time. It addresses this growing need by introducing a simple yet transformative solution, which will allow customers to send money more easily and more conveniently.TerraPay is a company that offers the following services:The technology of TerraPay simplifies the movement of money everywhere – allowing users to connect to the most expansive cross-border payments network regulated in 29 countries worldwide as well as enabling payments to 120+ receiving countries, 210+ sending countries, 7,.It is estimated that there are more than 5 billion bank accounts worldwide.There are more than 1 billion mobile wallets in the world. Our mission at TerraPay is to connect our customers to a borderless financial world, making the movement of money instant, reliable, transparent, and fully compliant with all regulations around the world. By pushing the boundaries of financial inclusion in the world's most inaccessible markets, TerraPay is driving financial inclusion for global businesses, ranging from banks, fintechs, and money-transfer operators to travel businesses, creator economy platforms, and e-commerce marketplaces.. TerraPay was founded in 2014, and is based in London, with offices worldwide in Bangalore, Dubai, Miami, Bogota, Dar es Salaam, Kampala, Hague, Dakar, Joburg, Nairobi, Milan, and Singapore. TerraPay is rapidly expanding, having received funding from leading investors, including the IFC (the World Bank), Prime Ventures, Partech Africa and Visa. TerraPay was founded in 2014, and is based in London, with offices worldwide in Bangalore, Dubai, Miami, Bogota, Dar es Salaam, Kampala, Hague, Dakar, Joburg, Nairobi, Milan, and Singapore. TerraPay is rapidly expanding, having received funding from leading investors, including the IFC (the World Bank), Prime Ventures, Partech Africa and Visa.The following is a brief description of Small World Money Transfer:Over 3 million customers can make payments online or via a physical network of more than 250,000 locations, 10,000 agents and 80 stores across 196 countries with the help of Small World, a leading provider of cross-border money transfer services for consumers and businesses alike. The Senegalese expatriate community all over the world consider Small World to be the best option to safely and easily send money to their family back home in Senegal. www.smallworldfs.com Please contact Juveria Samrinjuveria.n@terrapay.com if you have any questions or concernsTerraPay's logo can be found at: https://mma.prnewswire.com/media/1222771/TerraPay_Logo.jpgFounders of TerraPay, a global cross-border payments network, are proud to announce that they have entered into a strategic partnership with Small World Money Transfer, a leading provider of cross-border payment services.In today's announcement at the Singapore Fintech Festival, TerraPay and Maya announced that they will form a collaboration that will have a transformative impact.Get PRN's top stories and curated news sent directly to your inbox every week by joining our mailing list!
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