Business Desk :
TerraPay, the global payments infrastructure company, today announced a strategic partnership with BRAC Bank in pursuit of the commitment to foster financial empowerment, financial independence and inclusion across the world.
Through this association, non-resident Bangladeshis living and working away from home, in other countries, will be able to send real-time digital cross-border payments to their friends and families, using TerraPay’s interoperability platform,reports BSS.
Currently, around 13 million Bangladeshi workers living abroad send close to $22.1 billion yearly in remittances to Bangladesh, contributing significantly to the country’s economic growth, said a press release.
Most Bangladeshi migrants often struggle to find convenient ways to send money to their families on a regular basis.
