Beyon Money Partners with TerraPay to Enhance Outward Remittances from Bahrain to Key Corridors

Beyon Money Partners with TerraPay to Enhance Outward Remittances from Bahrain to Key Corridors

Beyon Money, part of the Beyon Group, has announced a partnership with TerraPay, a leading global payments infrastructure company. Through this partnership, Beyon Money and TerraPay will enable a swift, secure and affordable network for real-time payouts from Bahrain across key international corridors, including India, Bangladesh, Pakistan, Nepal, Sri Lanka, Philippines, Kenya, Uganda, Cameroon, Ghana, Thailand and Indonesia.

As the digital remittance market continues to grow in the Middle East region, customers demand an agile infrastructure to drive boundless small-value, large volume payments, globally. TerraPay empowers businesses with innovative and simplified payment solutions to bring the world closer and on the other hand, Beyon Money is propelling the region’s digital transformation by addressing access, reliability, and affordability needs to enhance the customer transaction journey.

The Beyon Money Super App enables consumers to connect to local bank accounts to review all transactions in one place, access financial insights to observe transactions and spending habits, spend with their Classic or Platinum Prepaid Card and send money abroad to many countries around the world. This partnership with TerraPay will complement the Super App’s existing remittance services by enhancing its international reach.

Commenting on the partnership, TerraPay Co-Founder & COO Ram Sundaram said, “It gives us immense