TerraPay, a global cross-border payment network, has announced a strategic partnership with Alfardan Exchange.
This partnership aims to leverage TerraPay’s advanced digital payments infrastructure and Alfardan Exchange’s established presence in the industry, marking a pivotal moment in the evolution of cross-border remittance solutions.
Alfardan Exchange, a prominent player in the remittance sector, brings to the table a wealth of experience and a strong commitment to facilitate seamless financial transactions. This partnership is set to bring a number of benefits to Alfardan Exchange, with a key focus on leveraging TerraPay’s state-of-the-art digital payment infrastructure. By joining forces, the two entities aim to facilitate seamless, cost-effective, efficient cross-border payments to meet the diverse needs of customers.
Sudhesh Giriyan, President – Cross-Border Payments at TerraPay, commented:
“TerraPay, a pioneering white-label digital payments infrastructure provider, is committed to transforming the remittance landscape. The partnership with Alfardan Exchange is seen as an opportunity to strengthen our market presence in Qatar and gain strategic leverage in the remittance sector.”
He added, “The partnership underscores TerraPay’s commitment to innovation, setting new benchmarks in the remittance industry. Known for creating seamless, secure and accessible cross-border transaction solutions, TerraPay aims to revolutionize the digital payments landscape in partnership with Alfardan Exchange.
As for the specifics of the partnership, the two companies will work together to create advanced digital cross-border remittance solutions. This partnership will not only enhance financial inclusion but also enhance connectivity across multiple global corridors.”
Bashar Alwaqfi, General Manager of Alfardan Exchange, said:
“We are pleased to announce our partnership with TerraPay, this partnership adds more valuable services to our existing customer offerings. At Alfardan Exchange, we are committed to continuously expanding our service portfolio in line with our strategic growth goals. Through this partnership, we look forward to working with TerraPay to introduce innovative solutions and enrich the remittance experience for our valued customers.”
This partnership between TerraPay and Alfardan Exchange represents a shared commitment to providing cutting-edge remittance solutions and promoting financial inclusion worldwide. Both entities are poised to revolutionize the digital payments landscape by offering improved efficiency, security and accessibility to customers across various corridors.