M-PESA Terrapay
TerraPay is an international money transfer provider that has partnered with Safaricom to enable M-PESA registered customers to send money to individuals in Bangladesh and Pakistan either to their mobile numbers or bank accounts.
TerraPay is integrated with banks and mobile wallets to allow for instant, secure, and seamless global payments. The M-PESA customers must have full bank account numbers or the phone number of the recipient.
Terrapay performs the foreign exchange and charges calculation on receiving the initial request from a customer to perform a transaction and it is fixed for the duration of the transaction. The foreign exchange rates change daily and will be updated by Terrapay at 0000 hrs. GMT.
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