Ambar Sur, Founder & CEO, TerraPay in conversation with Michael Lafferty, on the Company’s vision of interconnecting even the smallest payment instruments in the global financial ecosystem.
The evolution of the payments industry continues to be driven by changes in technology and customer behaviour. However, there are many countries around the world where people do not have adequate or affordable access to traditional cross border payments or remittances channels like bank accounts and cash.
“We at TerraPay strive to facilitate this gap by leveraging our digital prowess, to not only promote financial inclusion, but also ensure financial empowerment, resilience and independence. The Company has achieved notable milestones in providing access and adoption capabilities to the last mile, across regions. Today technology doesn’t limit you by geography. We wanted to start in Africa because of the prevalence of mobile wallets there., as we didn’t have to explain mobile wallets to anyone! The international remittances that we have today flow from North America, UK, Europe, and the Middle East into wallets and bank accounts in Africa, Asia, and South America” said Ambar Sur, Founder & CEO of TerraPay, a licensed digital payments infrastructure and solutions provider, paving the global payments highway.
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