Uganda: TerraPay partners MTN Uganda to aid real-time international money transfers

Netherlands-based digital payments infrastructure TerraPay has partnered with telecoms company MTN Uganda to facilitate international cross-border remittances and money transfers.

TerraPay has been offering inbound remittances to MTN Uganda’s mobile wallets. In its drive to build global payments highways that interconnect mobile wallets and banks across the world, TerraPay aims to cultivate inclusivity, independence, and digital mobility amongst everyone, with the additional outbound remittance channels now opened towards China and India.

TerraPay’s interoperability engine, scalable and flexible technological capability will aid partners and their customers and businesses to send and receive payments on a fully regulated platform.