back Back

Alawneh Exchange taps TerraPay to enhance cross border payments

By Gloria Methri

July 17, 2024

  • Alawneh Exchange
  • Cross Border Money Transfer Services
  • Cross Border Payments
Share

TerraPay, Alawneh Exchange, International Money Transfer Services, Cross Border Payments, FinTech, Jordan, Middle EastAlawneh Exchange, a financial services provider in the Middle East, has announced a strategic partnership with TerraPay, a global money movement company. This collaboration aims to offer streamlined international money transfer services, reinforcing Alawneh Exchange’s commitment to providing convenient and reliable financial solutions.

TerraPay’s scalable infrastructure simplifies the process of sending money abroad, ensuring a faster and more secure experience for customers. Leveraging Alawneh Exchange’s extensive network, customers can now send funds within the TerraPay network, with future expansion plans in the pipeline.

“Alawneh Exchange is dedicated to providing our customers with the most efficient and dependable services,” said Mais Safadi, COO of Alawneh Exchange. “The launch of TerraPay services through our platform underscores our commitment to offering reliable international money transfer solutions. This partnership with TerraPay enhances our ability to meet the evolving needs of our customers.”

Alawneh Exchange is known for its innovative and reliable currency exchange and money transfer services. Established in 1966, the company operates the largest network of branches in Jordan, ensuring accessibility and convenience. Its mission is to facilitate seamless money movement, erasing boundaries between people, cities, and countries.

Commenting on the new partnership, Ani Sane, Co-founder and Chief Business Officer at TerraPay, said, “We are excited to announce our partnership with Alawneh Exchange, further strengthening our mission to simplify cross-border money transfers. We look forward to combining our robust technology and capabilities with Alawneh Exchange’s deep network to break the barriers surrounding cross-border money transfers.”

Previous Article

July 17, 2024

Invest Blue taps GBST for its WealthConnect practice management solution

Read More
Next Article

July 17, 2024

FIS & Lendio launch ‘SMB Digital Lending’ to boost small business loan processes

Read More






IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

April 17, 2025

Pismo appoints Vishal Dalal as new global CEO

Read More

April 16, 2025

Mobile Money tops 2bn accounts globally, hits $1.68tn in transactions

Read More

April 16, 2025

Xoom and Tenpay Global partner to offer remittances to Weixin Pay users

Read More

Related Reports

Sales League Table Report 2024
Know More
Global Digital Banking Vendor & Landscape Report Q1 2025
Know More
NextGen WealthTech: The Trends To Shape The Future Q4 2023
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q1 2025
Know More
Treasury & Capital Markets Systems Report Q1 2025
Know More