• Latest
TerraPay, Stanbic Uganda Partner to Enhance Cross-Border Payments

TerraPay, Stanbic Uganda Partner to Enhance Cross-Border Payments

September 1, 2023
17 Injured as Baby Coach Bus Crashes into Trailer in Nakasongola

17 Injured as Baby Coach Bus Crashes into Trailer in Nakasongola

July 10, 2025
Isingiro South MP Candidates Set To Resume Campaigns Following Mediation with NRM Electoral Commission Chief

Isingiro South MP Candidates Set To Resume Campaigns Following Mediation with NRM Electoral Commission Chief

July 10, 2025
VINAStech Advert

Dokolo District Schools Inspector On the Spot Over Forgery of Academic Papers

July 10, 2025
Breakthrough in Malaria Treatment for Newborns and Infants

Breakthrough in Malaria Treatment for Newborns and Infants

July 9, 2025
UEDCL Marks 100 Days of Progress After Taking Over Electricity Distribution

UEDCL Marks 100 Days of Progress After Taking Over Electricity Distribution

July 9, 2025
Refugee Family Appeals for UGX 80m to Save Baby With Heart Condition

Refugee Family Appeals for UGX 80m to Save Baby With Heart Condition

July 9, 2025
Baby Coach Bus Involved in Crash

Baby Coach Bus Involved in Crash

July 9, 2025
Rising Murder Fears in Ishaka-Bushenyi as Two Bodies Are Discovered in a Day

Father Killed in Domestic Violence in Kwania District

July 9, 2025
Kyarampe Vows Loyalty, Calls for Unity in Heated Mitooma NRM Primaries

Kyarampe Vows Loyalty, Calls for Unity in Heated Mitooma NRM Primaries

July 9, 2025
Guma Samuel Urges Journalists to Uphold Ethics and Purpose in the Age of New Media

Guma Samuel Urges Journalists to Uphold Ethics and Purpose in the Age of New Media

July 8, 2025

Resist Pressure to Declare Different Candidates, Catholic Priest Urges EC

July 8, 2025
Police Probe Entebbe Couple Murder

Police Probe Entebbe Couple Murder

July 8, 2025
  • About Us
  • Internship
  • Contact Us
Thursday, July 10, 2025
Parrots Media
No Result
View All Result
  • Login
  • News

    Dokolo District Schools Inspector On the Spot Over Forgery of Academic Papers

    UEDCL Marks 100 Days of Progress After Taking Over Electricity Distribution

    UEDCL Marks 100 Days of Progress After Taking Over Electricity Distribution

    Baby Coach Bus Involved in Crash

    Baby Coach Bus Involved in Crash

    Rising Murder Fears in Ishaka-Bushenyi as Two Bodies Are Discovered in a Day

    Father Killed in Domestic Violence in Kwania District

    Resist Pressure to Declare Different Candidates, Catholic Priest Urges EC

    Kyarampe Rides Wave of Support in Mitooma Woman MP NRM Primary Race

    Trending Tags

  • Climate Change
  • Business
  • Science and Technology
  • Sports and Entertainment
  • Business
  • Others
    • Education
    • Lifestyle
    • Religion
    • Opinions
  • News

    Dokolo District Schools Inspector On the Spot Over Forgery of Academic Papers

    UEDCL Marks 100 Days of Progress After Taking Over Electricity Distribution

    UEDCL Marks 100 Days of Progress After Taking Over Electricity Distribution

    Baby Coach Bus Involved in Crash

    Baby Coach Bus Involved in Crash

    Rising Murder Fears in Ishaka-Bushenyi as Two Bodies Are Discovered in a Day

    Father Killed in Domestic Violence in Kwania District

    Resist Pressure to Declare Different Candidates, Catholic Priest Urges EC

    Kyarampe Rides Wave of Support in Mitooma Woman MP NRM Primary Race

    Trending Tags

  • Climate Change
  • Business
  • Science and Technology
  • Sports and Entertainment
  • Business
  • Others
    • Education
    • Lifestyle
    • Religion
    • Opinions
No Result
View All Result
Parrots Media
No Result
View All Result
Home RELIGION

TerraPay, Stanbic Uganda Partner to Enhance Cross-Border Payments

Customers of the bank will now be able to enjoy shorter processing times for their transactions, access lower fees, and deposit funds directly into the bank accounts or Flexipay Wallet.

Gilbert Akampa Kakurugu by Gilbert Akampa Kakurugu
September 1, 2023
in RELIGION
0
TerraPay, Stanbic Uganda Partner to Enhance Cross-Border Payments
0
SHARES
1
VIEWS
Share on FacebookShare on X

By Gilbert Akampa Kakurugu,

KAMPALA -Business News

READ ALSO

Police Urge Vigilance Amid Ongoing Terror Threats

Journalists blocked from Martyrs Day Venue

Terrapay a global payments infrastructure firm based in the UK, has partnered with Stanbic Bank, the leading commercial bank in Uganda, to provide faster, more convenient cross-border payment solutions in the region. Customers of the bank will now be able to enjoy shorter processing times for their transactions, access lower fees, and deposit funds directly into the bank accounts or Flexipay Wallet.

ADVERTISEMENT

The integration of TerraPay’s technology and Stanbic Bank’s infrastructure is expected to create a user-friendly and efficient cross-border payments service. Remittances make up at least 4% of Uganda’s GDP, with the UK contributing the highest share of cross-border payments into the country at 25%, followed by the US and the UAE.

The new partnership is expected to expand the network of countries that Stanbic Bank customers can transact from, leading to new opportunities for cross-border trade.

Sam Mwogeza, Head of Personal & Private Banking at Stanbic Bank, expressed excitement about the partnership, citing its ability to meet the evolving needs of customers, while Willie Kanyeki, TerraPay’s Regional Director for East and South Africa, said that the partnership aimed to provide a more seamless, convenient, and cost-effective payment experience. TerraPay, which operates across 29 global markets, has built a payments system that allows businesses to offer transparent, uninterrupted, and secure global payment options regardless of transaction sizes.

Stanbic Bank, which is owned by Standard Bank Group Limited, Africa’s leading financial services and banking provider, is Uganda’s largest bank by assets, market capitalization, and customer deposits.

Related Posts

Police Urge Vigilance Amid Ongoing Terror Threats
Religion

Police Urge Vigilance Amid Ongoing Terror Threats

June 6, 2025
Journalists blocked from Martyrs Day Venue
Religion

Journalists blocked from Martyrs Day Venue

June 3, 2025
News

Malawian, Tanzanian Students Jet In for Uganda Martyrs Essay Awards

June 2, 2025
RELIGION

UPC Urges Reflection and Reform Ahead of Uganda Martyrs Day

May 28, 2025
News

Kasujja Warns Against Secularism as UMU Trains Chaplains to Tackle Youth Crisis

May 26, 2025
Uganda Martyrs Essay Competition Expands Across East Africa
RELIGION

Uganda Martyrs Essay Competition Expands Across East Africa

May 23, 2025
Next Post

Minister Rwamirama Urges Kigezi Farmers to Prioritize Animal Vaccination for Quality Milk Production

POPULAR NEWS

Catholic Priest Speaks Out Against Museveni and Son’s Leadership

Catholic Priest Speaks Out Against Museveni and Son’s Leadership

February 16, 2025

Former IGP Okoth Ogola Dies

February 14, 2025

A Love Beyond Distance: A review of Leonard Kamugisha Akida’s poetic tribute on valentine’s day

February 14, 2025

Besigye Sends Easter Message from Luzira Prison as Archbishop Kazimba Urges for Release of Political Prisoners

April 18, 2025
Brutality at KIU: Students Assaulted by Officials at Examination Hall

KIU Loses Bid to Block Payment of Shillings 46.8 Billion to Housing Finance Bank

March 12, 2025

EDITOR'S PICK

Charles Is Not Dead

February 3, 2024

Second fire reported at Mbarara school in less than 3 weeks

July 12, 2022

Parliament to start conducting sessions in Kiswahili

June 30, 2023

Mao asks parliament to postpon 2021 elections.

June 27, 2020
VINAStech advert VINAStech advert VINAStech advert
ADVERTISEMENT

About

Parrots Media

A Public Relations and Media Services Company registered and licensed to operate in Uganda and the Great Lakes Region.

Follow us

Categories

  • Business
  • BUSINESS REPORTS
  • CLIMATE ACTION REPORTS
  • Climate Change
  • COMMUNITY REPORTS
  • Education
  • Entertainment
  • FEATURES
  • Health
  • Lifestyle
  • News
  • News
  • OBITUARY
  • Obituary
  • Opinions
  • RELIGION
  • Religion
  • Science and Technology
  • Sports
  • Sports and Entertainment
  • TOURISM

Recent Updates

  • 17 Injured as Baby Coach Bus Crashes into Trailer in Nakasongola
  • Isingiro South MP Candidates Set To Resume Campaigns Following Mediation with NRM Electoral Commission Chief
  • Dokolo District Schools Inspector On the Spot Over Forgery of Academic Papers
  • Breakthrough in Malaria Treatment for Newborns and Infants
July 2025
M T W T F S S
 123456
78910111213
14151617181920
21222324252627
28293031  
« Jun    
  • About Us
  • Internship
  • Contact Us

© 2025 Parrots Media | Website Designed and Maintained by VINAStech

No Result
View All Result
  • Parrots Media
  • News
  • Business
  • Science and Technology
  • Sports and Entertainment
  • Lifestyle
  • Others
    • Climate Change
    • Education
    • Religion
    • Opinions

© 2025 Parrots Media | Website Designed and Maintained by VINAStech

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

You cannot copy content of this page