Whalet and TerraPay Unite to Enhance Cross-Border Payment Solutions

In a strategic move, digital payment provider Whalet has partnered with TerraPay to streamline cross-border payout processes for businesses worldwide. This collaboration aims to benefit Whalet’s primary customer base, cross-border sellers from the Asia-Pacific region.

Through this partnership, Whalet intends to offer its clients more streamlined and efficient international financial transactions. The integration leverages TerraPay’s technology to scale Whalet’s payout capabilities, ensuring secure and compliant payment corridors in multiple regions. By working together, both companies are committed to creating a global financial ecosystem that supports the expansion of small and medium-sized enterprises (SMEs).

Whalet’s Offerings

Whalet provides comprehensive global payment solutions designed for small businesses. These include one-click store setup, international accounts, payments in and out, currency exchange, and card issuance. With licensing in key markets like Singapore, the US, and Hong Kong SAR, Whalet ensures that businesses can operate compliantly as they expand internationally.

SME Support Through Enhanced Payouts

The partnership with TerraPay is expected to simplify transactions, reduce settlement complexities, and boost operational efficiency for SMEs. Representatives from Whalet emphasized the importance of this collaboration in providing reliable payouts for cross-border trade and improving the overall financial management processes.