TerraPay is set to provide nearly 17m Papara wallet users with a secure, simple, and seamless means of transferring money worldwide, as part of a new partnership with the Turkish FinTech.
It is hoped that this collaboration will reshape the landscape of global money movement, by eliminating traditional barriers such as high costs and friction.
This strategic alliance is a testament to the shared commitment of TerraPay and Papara towards enhancing financial inclusion and accessibility. Through this partnership, they aspire to grant migrant workers and their families greater financial autonomy.
TerraPay is renowned for its innovative and efficient cross-border payment platform. It has earned a global reputation for facilitating international money transfers seamlessly. In contrast, Papara is celebrated for its forward-thinking approach and customer-centric solutions.
Miller Rodriguez, Strategic Relationship and Sales Manager, Europe – UK, TerraPay, said, “We are thrilled to partner with Papara to redefine the way money moves globally. This collaboration marks a significant step forward in our mission to make cross-border payments more accessible and user-friendly for people everywhere. Together with Papara, we aim to empower millions of individuals in Turkey and beyond, with the ability to send money to loved ones, support families, and pursue their dreams.”
Özge Çelik, Head of Product at Papara, said, “Empowering our customers with fast, secure, and affordable cross-border payment options has always been at the heart of Papara’s mission. By joining forces with TerraPay, we are taking a monumental step towards making this mission a reality. Together, we are poised to deliver innovative, hassle-free international money transfer solutions to more than 17 million users, enriching their financial lives and connecting them with the world.”
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