TerraPay has partnered with ACE Money Transfer to enhance global payouts and enable seamless transactions across borders. Leveraging ACE’s experience in the remittance domain, TerraPay will enhance the end-user experience to solve the complex challenges facing cross-border transactions.
Rehan Ashraf, Team Lead, Relationship & Development Department at ACE Money Transfer, said, “This partnership between ACE Money Transfer and TerraPay represents a significant step forward for the remittance industry. By combining our strengths and expertise, we can unlock new possibilities for innovation and create a more seamless and efficient experience for users sending money across borders.”
A pioneer in the industry, ACE Money Transfer has a track record of processing $1 billion in remittances in 2022 and GBP 1 billion in 2023.
Miller Rodriguez, Senior Country Manager – UK and Europe at TerraPay, said, “We are thrilled to embark on this new journey with ACE Money Transfer. This partnership underscores TerraPay’s dedication to harnessing cutting-edge technology to deliver seamless payment solutions. By joining forces with ACE, a veteran in the remittances sector, we aim to fortify our payout offerings, empowering customers with enhanced accessibility and reliability.”
Together, TerraPay and ACE Money aim to revolutionize cross-border payments, offering unparalleled convenience, including expanded payout options, competitive exchange rates, round-the-clock transaction tracking features, and accessibility to their diverse customer base.