Online payment platform TerraPay formed a transformative global partnership with Maya, fintech company at the Singapore Fintech Festival, on Wednesday.
The company said it is establishing this partnership with Maya with the bloating demand of efficient cross-border payment solutions. TerraPay also said, this collaboration has the objective to make international remittances more accessible, convenient, and secure for Filipinos across the world.
Global digital payments firm said it is partnering with Maya, given its wider fintech ecosystem in the Philippines and offering the most advanced digital bank, consumer finance app and merchant acquiring and payments processing business.
With this partnership, Maya app users will be able to experience seamless money transfers from Korea, United States, Singapore, and Middle East through TerraPay’s global network, said the firm.
Together, the company said, they aim to enhance customer experience, also providing safety and security of transactions with highest priority, offering quick transfer times and affordable borderless payment options.
The company also said with the leverage of TerraPay’s secure and adaptable payments technology, Maya looks to expand its network of customers, while opening new channels for customers to access convenient and safe payment solutions across borders.
Ani Sane, chief business officer at TerraPay said, “This partnership aligns perfectly with TerraPay’s mission of driving financial inclusion and revolutionizing global borderless payments.”
“By teaming up with Maya, we can serve customers in the Philippines with innovative solutions, empowering them with fast and affordable cross-border payment options,” added Sane.
Khurram Malik, operating chief of Maya said, “By leveraging the seamlessness of the Maya app, we are making it easier for them to receive money, save, and spend smartly.”
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