Technology and innovation have provided an incredible impetus to digital transformation in Latin America’s payment industry. With a total addressable market of over 600 million consumers that generates close to $6 Trillion of the GDP, Latin America has opened doors for exciting opportunities in the payment industry. This is where TerraPay is exhibiting its innovative… Continue reading What are the key challenges faced by the LATAM payments industry and how can we address them?
Insights Category: Blog
Solving the cross-border payments puzzle
In a global economy, the ability to make borderless payments is essential for businesses and consumers alike. Moving money successfully across borders is fundamental to international commerce as it drives and sustains economies in developed and emerging markets. Cross-border payments are the oil that keeps the globalization machine going. As the world becomes more connected,… Continue reading Solving the cross-border payments puzzle
How technology is facilitating faster financial inclusion
Worldwide, as steps are underway to boost financial inclusion, the measures are benefitting millions of underbanked people. Finally, underserved cohorts are gaining access to savings accounts, investments, loans, and other financial products. To achieve an objective based on user convenience, technology is being used to drive financial inclusion across all geographies, including remote regions. Financial… Continue reading How technology is facilitating faster financial inclusion
How payment infrastructure is evolving to meet the needs of global businesses
Payment infrastructure evolves on a minute-by-minute basis. It is what makes payments such an exciting field to work in and a great environment for anyone who likes to continuously innovate and learn, especially about how the payment infrastructure is evolving to meet the needs of global businesses. I remember a time when I was asked… Continue reading How payment infrastructure is evolving to meet the needs of global businesses
TerraPay on expanding Its payment solutions for travel
Founded in 2014, TerraPay is an international payment network that connects mobile wallet service providers, money transfer operators, merchants, banks and payment platforms to enable seamless, cross-border transfer of funds for both B2B and B2C transactions. The company is currently registered and regulated in 29 global markets and provides solutions for travel as well as… Continue reading TerraPay on expanding Its payment solutions for travel
Transform travel payment challenges intosolutions to boost revenue
We all learned from the pandemic that diversification in the travel industry is crucial to success. It came in as a force of nature that unraveled traditional industry processes. It opened the doors to many new possibilities. Most of all, it heightened the need to generate income from various streams, while optimizing payment strategies. The… Continue reading Transform travel payment challenges intosolutions to boost revenue
Treasury automation and the science behind fintech driving competitive forex rates
The world of cross-border payments is complex, to say the least. When such payments or remittances need to be made across 100+ countries across the globe, the complexity is further compounded. In such scenarios, treasury plays a pivotal behind-the-scenes role by continuously analysing data and then recalibrating functions to obtain maximum performance in a completely… Continue reading Treasury automation and the science behind fintech driving competitive forex rates