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12/23/24, 1:21 PM UAE’s Wall Street Exchange partners with TerraPay to enable Cross-Border Payments and Advance Financial Inclusion - Fintech …

UAE’s Wall Street Exchange partners with TerraPay to enable Cross-Border Payments and Advance
Financial Inclusion – Fintech News UAE

Adminuae 4 Days Ago 07 Mins

December 19, 2024

Dubai: Wall Street Exchange (WSE), a subsidiary of FINTX, the financial arm of 7X, signed a strategic
partnership agreement with TerraPay, a global money movement company, to drive efficiency, reliability, and
affordability in international money transfers and promote financial inclusion. This collaboration is set to expand
WSE’s payment channels via TerraPay’s network, making cross-border payments more affordable and enabling
underserved communities with seamless access to financial services. This move reflects both organisation’s
commitment to enhance customer satisfaction and service quality in the remittance landscape.

The partnership agreement was signed at the 7X headquarters in Dubai by Malaz Mubaid, Acting CEO of Wall
Street Exchange and Sudhesh Giriyan, President and Global Head of Remittances at TerraPay. The
ceremony was held in the presence of Abdulla Mohammed Alashram, Group CEO of 7X, Bassam Awada,
SVP MENA and Global Partnerships of TerraPay, and Sultan AlMahmoud, Acting CEO of FINTX.

WSE’s collaboration with TerraPay marks a significant step towards enhancing financial accessibility for
individuals and businesses, especially those who rely on cross-border payments to support family members, pay
for services or conduct business internationally. TerraPay’s network of 144+ receiving countries, 210+ sending
countries, over 3.7 billion mobile wallets, 7.5 billion bank accounts, and more than 12 billion cardsalso helps

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