In order to further enhance the shopping experience of over 100 million travelers, TerraPay will partner with Dubai Duty Free (DDF), the largest single airport retailer in the world. Digital wallets now allow customers to purchase goods at DDF via their home-country digital wallets with pervasive convenience and easy accessibility in payment solutions.  

terrapay partners

PC: Zawya

DDF will allow access to its wide network of over 3.7 billion mobile wallets by merging its cross-border payment systems with that of TerraPay. This integration of digital wallets into its own payment ecosystem allows DDF to provide the travelers with an undisturbed and ordinary mode of payment on its own besides its current options.  

In 2025, digital wallets will rule the global payments landscape, accounting for 52% of global e-commerce sales and 30% of point-of-sale transactions. Also, they will be accounting for 35% of all cross-border payments this year, indicating a growing consumer preference for speed, convenience, and accessibility.  

With TerraPay being a global reach, leading mobile money operators like Airtel Money, M-PESA, and MTN MoMo are already integrated, allowing their users to shop at Dubai Duty Free using their digital wallets.  

Ambar Sur, Founder & CEO of TerraPay, expressed enthusiasm about the partnership, saying how it enhances digital wallet payments at Dubai International and Al Maktoum International Airport. Sur highlighted that with TerraPay’s infrastructure, cross-border payments have become speedier, more creative, and transparent. This partnership coincides with the launch of TerraPay’s Wallet Interoperability Council, which seeks to influence the future of wallet interoperability and facilitate seamless cross-border transactions.    

Ramesh Cidambi, the Managing Director of Dubai Duty Free, highlighted yet again the retailer’s commitment to offering its customers their preferred payment options. Cidambi enunciated that Dubai Duty Free has and shall continue to be a pioneer in leveraging technology and partnerships to provide next-level experience for consumers. He further acknowledged that TerraPay has contributed to the cause of expanding payment acceptance systems in the underserved areas enabling financial inclusion. 

Daniel and his million-dollar partnership centered on strong synergy are poised to revolutionize the retail transaction landscape. With a focus on innovation and accessibility, this collaboration aims to redefine convenience and efficiency in financial interactions. The initiative not only serves as a testament to the industry’s ability to adapt in an ever-evolving market but also highlights the transformative power of strategic partnerships in shaping the future of global commerce. By fostering innovation, accessibility, and adaptability, this alliance sets a new standard for how businesses can work together to create lasting benefits for consumers and the broader economic landscape.