TerraPay says the partnership will enable the bank to “facilitate direct account deposits from any part of the world”, allowing customers and expatriates residing outside of the country to send “real-time money transfers to their loved ones in Uganda“.
Willie Kanyeki, TerraPay’s VP of East and South Africa, states the fintech is confident the new collaboration “will help promote financial inclusion in the region, by simplifying global money movement for both individuals and businesses”.
