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HomeEconomyTerraPay partners with SendMN to pave the way for seamless cross-border payments...

TerraPay partners with SendMN to pave the way for seamless cross-border payments for Mongolian residents and diaspora across the world

THE HAGUE, Netherlands, July 19, 2022 /PRNewswire/ — On its journey to strengthen and unify the global payments ecosystem, TerraPay – a leading global payments infrastructure company has partnered with SendMN NBFI. Based out of Mongolia, SendMN is a leading money transmitter & non-bank financial institution. Through this partnership, both companies aim to simplify the complexities & ease the challenges associated with borderless payments.

The costs of sending cross-border payments are really high, slow & not secure. This partnership is a step towards achieving the vision of both firms i.e. to transform the way Mongolians receive & send real-time payments by empowering the customers with financial independence & inclusion. Customers will be able to receive remittances from key corridors like the UK, US, Austria, Belgium, Czech Republic, France, Germany, Kazakhstan Poland, Sweden, Switzerland & also allow access to…

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