Case Study: Rocket Remit expands fast mobile wallet remittances with TerraPay

Rocket Remit boosts transaction volumes 439% with TerraPay

Rocket Remit, a leading remittance provider, faced challenges in reaching unbanked populations in remote and niche global markets due to limited traditional banking infrastructure. This hindered their ability to scale and provide fast, reliable cross-border payment solutions. To overcome these barriers to growth, they partnered with TerraPay.

By leveraging TerraPay's extensive global payments network and liquidity solutions, Rocket Remit gained access to previously inaccessible countries and corridors. The integration streamlined operations and provided 24/7 transaction support. As a result, TerraPay helped Rocket Remit achieve a 439% increase in transaction volumes in two years, with 98.7% of payouts going to mobile wallets and a 96% average transaction success rate across key markets in Asia and Africa.

Rocket Remit