DUBAI, UAE, Feb. 4, 2025 /PRNewswire/ — TerraPay, a global money movement company, has joined forces with Dubai Duty Free (DDF), the world’s largest single airport retailer, to revolutionize the shopping experience for over 100 million customers. This strategic partnership enables travellers to make purchases using their home-country digital wallets, driving a new era of convenience and accessibility in payment solutions.
Through this association, Dubai Duty Free will gain access to TerraPay’s extensive global network of more than 3.7 billion mobile wallets, and its effective cross-border payments infrastructure, to accept users’ preferred payment methods. By integrating digital wallets into its payment ecosystem, Dubai Duty Free empowers customers to shop with ease, offering a seamless alternative to existing payment methods.
In 2025, digital wallets are poised to dominate the global payments landscape, with projections indicating they will account for 52% of the world’s e-commerce sales volume and 30% of point-of-sale transactions. Additionally digital wallets are expected to account for 35% of all cross-border payment methods this year, reflecting a growing consumer preference for speed, convenience, and accessibility.
With TerraPay’s global reach, leading mobile money operators such as Airtel Money, M-PESA, and MTN MoMo are already on board, enabling their users to shop at Dubai Duty Free using their home-country wallets.
Commenting on the partnership, Ambar Sur, Founder & CEO at TerraPay, said, “Our partnership
Full story available on Benzinga.com
DUBAI, UAE, Feb. 4, 2025 /PRNewswire/ — TerraPay, a global money movement company, has joined forces with Dubai Duty Free (DDF), the world’s largest single airport retailer, to revolutionize the shopping experience for over 100 million customers. This strategic partnership enables travellers to make purchases using their home-country digital wallets, driving a new era of convenience and accessibility in payment solutions.
Through this association, Dubai Duty Free will gain access to TerraPay’s extensive global network of more than 3.7 billion mobile wallets, and its effective cross-border payments infrastructure, to accept users’ preferred payment methods. By integrating digital wallets into its payment ecosystem, Dubai Duty Free empowers customers to shop with ease, offering a seamless alternative to existing payment methods.
In 2025, digital wallets are poised to dominate the global payments landscape, with projections indicating they will account for 52% of the world’s e-commerce sales volume and 30% of point-of-sale transactions. Additionally digital wallets are expected to account for 35% of all cross-border payment methods this year, reflecting a growing consumer preference for speed, convenience, and accessibility.
With TerraPay’s global reach, leading mobile money operators such as Airtel Money, M-PESA, and MTN MoMo are already on board, enabling their users to shop at Dubai Duty Free using their home-country wallets.
Commenting on the partnership, Ambar Sur, Founder & CEO at TerraPay, said, “Our partnership
Full story available on Benzinga.com
DUBAI, UAE, Feb. 4, 2025 /PRNewswire/ — TerraPay, a global money movement company, has joined forces with Dubai Duty Free (DDF), the world’s largest single airport retailer, to revolutionize the shopping experience for over 100 million customers. This strategic partnership enables travellers to make purchases using their home-country digital wallets, driving a new era of convenience and accessibility in payment solutions.
Through this association, Dubai Duty Free will gain access to TerraPay’s extensive global network of more than 3.7 billion mobile wallets, and its effective cross-border payments infrastructure, to accept users’ preferred payment methods. By integrating digital wallets into its payment ecosystem, Dubai Duty Free empowers customers to shop with ease, offering a seamless alternative to existing payment methods.
In 2025, digital wallets are poised to dominate the global payments landscape, with projections indicating they will account for 52% of the world’s e-commerce sales volume and 30% of point-of-sale transactions. Additionally digital wallets are expected to account for 35% of all cross-border payment methods this year, reflecting a growing consumer preference for speed, convenience, and accessibility.
With TerraPay’s global reach, leading mobile money operators such as Airtel Money, M-PESA, and MTN MoMo are already on board, enabling their users to shop at Dubai Duty Free using their home-country wallets.
Commenting on the partnership, Ambar Sur, Founder & CEO at TerraPay, said, “Our partnership Full story available on Benzinga.com Read MoreBanking/Financial Services, Fintech, News, Contracts, Press Releases News
