TerraPay, a leading global money movement company, has partnered with YeePay, a prominent enterprise payment service provider. This strategic alliance aims to enhance the global payment experience for customers.
The partnership is designed to provide fast and cost-effective payment services globally, enhancing customer experiences by integrating TerraPay’s global network with YeePay’s extensive presence in China.
TerraPay simplifies the movement of money globally, offering a single connection to a vast cross-border payments network. It is regulated in 31 global markets and facilitates payments to 141 receiving countries, encompassing over 7.5 billion bank accounts and 2.1 billion mobile wallets. TerraPay’s mission includes connecting a borderless financial world, enhancing reliability, transparency, and compliance in financial transactions.
YeePay is a leader in payment services, providing comprehensive payment solutions that integrate online, mobile, and offline channels. It offers customised solutions and value-added services across various industry verticals like Airline and Travel, New Retail, and more. YeePay’s services are integral to major Chinese airlines and over 10,000 online travel agencies.
This collaboration will facilitate secure, convenient, and real-time global B2B account payments, with particular benefits for the airline and travel industries. It aims to promote financial inclusion and drive economic growth in regions both companies serve.
YeePay’s Global B2B Account Payment Ecosystem connects different segments of the global airline and travel industry, enabling real-time ticket purchases and fund settlements.
YeePay Co-founder Chen Yu said, “For YeePay, we are constantly seeking new partnerships that can strengthen our service offering on a global scale. We are pleased to have a strategic partnership with TerraPay, which will allow both companies to work together to offer our customers a more secure, convenient, and cost-effective payment experience.”
TerraPay Co-founder & Chief Business Officer Ani Sane highlighted, “We are thrilled to partner with YeePay, a respected leader in the payment industry. This collaboration allows us to leverage our combined strengths and capabilities. Together, we are prepared to extend our services and better serve customers, making cross-border transactions more seamless and accessible.”
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