Blue Remit, the digital remittance subsidiary of Al Ansari Financial Services PJSC, has entered into a strategic alliance with TerraPay, a leading money movement company, to expand global remittance reach.
By combining Blue Remit’s digital-first platform with TerraPay’s interoperable infrastructure, the partnership enables real-time payouts to bank accounts, mobile wallets, and cards globally, offering a faster, more transparent, and compliant remittance experience for customers sending money to underserved regions.
Ani Sane Co-Founder & Chief Business Officer TerraPay
“Our mission has always been to simplify and accelerate global money movement. Partnering with Blue Remit allows us to extend this capability to a broader customer base, ensuring fast, transparent, and compliant remittances – especially to markets where speed and reliability matter most.”
Rashed A. Al Ansari, CEO of Blue Remit, stated that, “Expanding the accessibility and performance of our remittance corridors is at the heart of Blue Remit’s growth strategy. TerraPay brings strong infrastructure, deep market coverage, and the compliance sophistication we look for in every partner.”
The partnership highlights both parties’ common vision to develop an inclusive remittance ecosystem. The two companies have been steadily expanding their partner network to support real-time, low-cost transfers that meet the demands of today’s digitally savvy users.
Formerly known as Worldwide Cash Express, Blue Remit brings over 5 decades of trusted expertise in financial services to the global remittance industry. Leveraging the legacy of Al Ansari Exchange, the company provides cutting-edge financial solutions that prioritize compliance and security in an ever-evolving global economy.
