Blue Remit, a digital remittance subsidiary of Al Ansari Financial Services PJSC, partners with TerraPay to enhance global payout capabilities. The collaboration combines Blue Remit’s digital platform with TerraPay’s interconnected payment system, enabling instant transfers to bank accounts, mobile wallets, and cards worldwide. TerraPay supports transfers to over 150 receiving countries and 210 sending countries, simplifying global payments through a single connection. The partnership aims to provide fast, transparent, and compliant remittances to a broader customer base, emphasizing markets where speed and reliability are crucial. In May, TerraPay also partnered with Wave Mobile Money to facilitate cross-border remittances for Malians, allowing them to receive international funds directly into their Wave mobile wallets.

Read more at Yahoo Finance: Blue Remit joins forces with TerraPay to enhance global payout capabilities