enza and TerraPay announce a partnership to revolutionize payments in Africa

enza, a pioneering payments technology company, and TerraPay, a global leader in money movement, have announced a strategic partnership aimed at transforming the payments landscape in Africa. This collaboration intends to tackle key issues hindering business growth and promote financial inclusion across the continent. enza will leverage TerraPay's extensive connectivity to over 2.1 billion mobile wallets, facilitating both online and in-person payments.

Additionally, the partnership aims to simplify cross-border transactions by utilizing TerraPay’s global access to over 7.5 billion bank accounts, 2 billion wallets, and 6 million cards. Leaders from both companies expressed enthusiasm about the partnership’s potential to bring more African businesses into the formal financial ecosystem.

Source: TerraPay