Dutch payments infrastructure company TerraPay has formed a strategic alliance with Bangladesh’s BRAC Bank to provide international payments solutions.
The partnership will enable Bangladeshi diaspora across the world to carry out real-time cross-border payments using TerraPay’s interoperability platform.
TerraPay’s global merchant partner networks facilitate payouts to around 4.5 billion bank accounts and around 1.5 billion mobile wallets.
In addition, people will be able to deposit payments directly to Bangladesh’s mobile wallet bKash, which is a BRAC Bank subsidiary.
