EXECUTIVE INSIGHT
“ 97 % of our transactions are delivered in under one minute and 96 % under 10 seconds ”
AMBAR SUR , CEO , TERRAPAY regulatory bodies including the Monetary Authority of Singapore , The Central Bank of Jordan and the Kingdom of Saudi Arabia .
Also , this year we ’ ve recently collaborated with Swift to enable traditional financial institutions to meet the growing demand for convenient , instant payments .
This partnership gives traditional banks a strategic advantage , providing them direct access to our mobile wallet network of 2.4 billion wallets while benefitting from the same Swift connectivity they have today .
By 2026 , around 60 % of the world ’ s population is predicted to use digital wallets . These numbers are hard to ignore ; wallets are leading the future of global payments and , as an industry , I believe it ’ s important for us to continue to develop the conditions for wallets to play that role keeping security , compliance and the consumer at the centre of our efforts .
In August this year , we formed the Wallet Interoperability Council , together with
38 November 2024