{"id":266031,"date":"2024-04-29T08:00:00","date_gmt":"2024-04-29T12:00:00","guid":{"rendered":"https:\/\/hispanicprwire.com\/english-terrapay-and-vm-money-transfer-services-have-partnered-to-expand-the-remittance-market-for-jamaicans\/"},"modified":"2024-04-29T08:20:01","modified_gmt":"2024-04-29T12:20:01","slug":"terrapay-y-vm-money-transfer-services-se-han-asociado-para-expandir-el-mercado-de-remesas-para-los-jamaiquinos","status":"publish","type":"post","link":"https:\/\/hispanicprwire.com\/en\/terrapay-y-vm-money-transfer-services-se-han-asociado-para-expandir-el-mercado-de-remesas-para-los-jamaiquinos\/","title":{"rendered":"TerraPay and VM Money Transfer Services have Partnered to Expand the Remittance Market for Jamaicans"},"content":{"rendered":"<p><\/p>\n<style type=\"text\/css\"><![CDATA[\n\/* Style Definitions *\/\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n]]><\/style>\n<div class=\"xn-content\">\n<p><span class=\"xn-location\">KINGSTON, Jamaica<\/span>, <span class=\"xn-chron\">April 29, 2024<\/span> \/PRNewswire\/ &#8212; In its continued thrust to improve financial inclusion and expand remittance services to Jamaicans across the world, VM Money Transfer Services (VMTS) has entered a strategic partnership with TerraPay, a global money movement organization.<\/p>\n<div id=\"prni_dvprnejpgacebleft\" dir=\"ltr\" style=\"width: 100%; text-align: left;\"><img decoding=\"async\" id=\"prnejpgacebleft\" title=\"TerraPay Logo\" src=\"https:\/\/mma.prnewswire.com\/media\/1222771\/TerraPay_Logo.jpg\" alt=\"TerraPay Logo\" align=\"middle\"\/><\/div>\n<p>VMTS facilitates money transfer services globally to customers sending money to <span class=\"xn-location\">Jamaica<\/span> from <span class=\"xn-location\">Europe<\/span>, the UK, <span class=\"xn-location\">United States<\/span>, <span class=\"xn-location\">Canada<\/span>, the <span class=\"xn-location\">Cayman Islands<\/span> and Turks and Caicos. With this new agreement,\u00a0VMTS now gains access to TerraPay&#8217;s robust online platform, enabling hassle-free cross-border transfers for customers sending and receiving money across approximately 31 markets globally.<\/p>\n<p>CEO of VM Money Transfer Services Limited, <span class=\"xn-person\">Michael Howard<\/span>, welcomes the boost that this partnership will bring to the agency&#8217;s operations. He shared, &#8220;Purposeful partnership is an integral part of VM Money Transfer&#8217;s mission as we seek to continuously improve service delivery to our clients. We are excited about this recent collaboration as, with\u00a0TerraPay&#8217;s extensive network, we have the opportunity to significantly broaden our reach and potentially tap into new markets, all while keeping our clients supported and empowered with convenient and secure channels for their money transfer needs.&#8221;<\/p>\n<p>The agreement was signed between the two entities in <span class=\"xn-chron\">March 2024<\/span>, and <span class=\"xn-person\">Juan Luis Hernandez<\/span>, TerraPay&#8217;s Senior Regional Manager for <span class=\"xn-location\">Latin America<\/span> and the <span class=\"xn-location\">Caribbean<\/span>, who visited <span class=\"xn-location\">Jamaica<\/span> for the occasion, shares the enthusiasm.\u00a0Hernandez commented, &#8220;We are delighted to partner with VM Money Transfer Services to drive innovation and efficiency in cross-border remittances. Together, we aim to provide a superior remittance experience for Jamaicans worldwide, strengthening connections with their loved ones and contributing to the economic development of <span class=\"xn-location\">Jamaica<\/span>.&#8221;<\/p>\n<p>Along with the expanded service through TerraPay, VMTS customers can continue to enjoy the flexibility and convenience of having their funds deposited directly to their Jamaican bank account through VMTS&#8217; Direct to Bank Service. Clients can also collect their remittances in <span class=\"xn-location\">Jamaica<\/span> from VM Money Transfer&#8217;s over 70 sub-agents, 8 VM Money Express locations and 16 VM Building Society branches Islandwide.<\/p>\n<p>For queries, please reach out to\u00a0Juveria Samrin at <a href=\"mailto:juveria.n@terrapay.com\" target=\"_blank\" rel=\"nofollow\">juveria.n@terrapay.com<\/a><\/p>\n<p><b>About TerraPay:<\/b><\/p>\n<p>TerraPay simplifies global money movement &#8211; by providing a single connection to the most expansive cross-border payments network regulated in 31 global markets and enabling payments to 144 receive countries, 210+ send countries, 7.5Bn+ bank accounts and 2.1Bn+ mobile wallets. TerraPay is on a mission to connect a borderless financial world, making moving money everywhere instant, reliable, transparent and fully compliant. TerraPay pushes the boundaries for global businesses \u2013 ranging from banks, fintechs and money-transfer operators to travel businesses, creator economy platforms and e-commerce marketplaces \u2013 while driving financial inclusion in even the most inaccessible markets. Founded in 2014, TerraPay is headquartered in <span class=\"xn-location\">London<\/span>, with global offices in <span class=\"xn-location\">Bangalore<\/span>, <span class=\"xn-location\">Dubai<\/span>, <span class=\"xn-location\">Miami<\/span>, <span class=\"xn-location\">Bogota<\/span>, Dar es Salaam, <span class=\"xn-location\">Kampala<\/span>, <span class=\"xn-location\">Hague<\/span>, <span class=\"xn-location\">Dakar<\/span>, Joburg, <span class=\"xn-location\">Nairobi<\/span>, <span class=\"xn-location\">Milan<\/span>, <span class=\"xn-location\">Singapore<\/span> and is expanding rapidly, having received funding from leading investors, including the IFC (the World Bank), Prime Ventures, Partech Africa and Visa.\u00a0<\/p>\n<p>Logo: <a href=\"https:\/\/mma.prnewswire.com\/media\/1222771\/TerraPay_Logo.jpg\" target=\"_blank\" rel=\"nofollow\">https:\/\/mma.prnewswire.com\/media\/1222771\/TerraPay_Logo.jpg<\/a><\/p>\n<p>\u00a0<\/p>\n<p>SOURCE  TerraPay<\/p>\n<\/div>\n<p><\/p>","protected":false},"excerpt":{"rendered":"<div class=\"xn-content\">\n<p><span class=\"xn-location\">KINGSTON, Jamaica<\/span>, <span class=\"xn-chron\">April 29, 2024<\/span> \/PRNewswire\/ &#8212; In its continued thrust to improve financial inclusion and expand remittance services to Jamaicans across the world, VM Money Transfer Services (VMTS) has entered a strategic partnership with TerraPay, a global money movement organization.<\/p>\n<div id=\"prni_dvprnejpgacebleft\" dir=\"ltr\" style=\"width: 100%;text-align: left\">&lt;img id=&quot;prnejpgacebleft&quot; title=&quot;TerraPay Logo&quot; src=&quot;https:\/\/mma.prnewswire.com\/media\/1222771\/TerraPay_Logo.jpg&quot; alt=&quot;TerraPay&#8230;<\/p>\n","protected":false},"author":1,"featured_media":266032,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[2],"tags":[],"class_list":["post-266031","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-negocios-y-finanzas"],"acf":[],"_links":{"self":[{"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/posts\/266031","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/comments?post=266031"}],"version-history":[{"count":"1","href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/posts\/266031\/revisions"}],"predecessor-version":[{"id":266033,"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/posts\/266031\/revisions\/266033"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/media\/266032"}],"wp:attachment":[{"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/media?parent=266031"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/categories?post=266031"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/tags?post=266031"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}