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LONDON, May 10, 2023 /PRNewswire/ TerraPay, a leading global payments infrastructure company, today announces a strategic equity investment from Visa, a world leader in digital payments. In addition, the companies are collaborating to connect Visa solutions to the TerraPay network to help streamline digital cross-border commerce for consumers and SMBs. Visa Direct, which facilitates the delivery of funds directly to eligible cards, bank accounts, and wallets around the world, is the first solution to connect to TerraPay's network of wallet providers. VISA The enablement of Visa Direct to TerraPay's global partner integrations of mobile wallets and bank accounts can empower seamless and fast person-to-person remittances for individuals, as well as business pay-outs for small and medium businesses (SMBs), across 108 receive countries. Global cross-border trade has seen steady growth, largely from emerging markets. By 2025, cross-border trade is expected to reach a value of US$8 ....

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