Embarking on the first step to enter the Colombian region for enabling cross-border digital payments, TerraPay announced a strategic partnership with MOVii, a leading mobile wallet service that allow both banked and unbanked Colombians to do financial transactions from their mobile phone, with convenience and security.
The first array of the partnership would enable Colombian diaspora residing in countries such as North America, Europe, including a whole suite of TerraPay's 153 send partner countries, to transfer instant payments to their family and friends in Colombia through MOVii mobile wallet payouts. This opens an opportunity to connect TerraPay's mobile wallet partner customers with MOVii's mobile wallets in the region.
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