RemitBee has partnered with TerraPay, a global money movement company, to strengthen our international payout network. The partnership adds more reach and reliability across key outbound corridors in the United States, Asia, the Middle East and Africa, including payouts directly into digital wallets.
For more than a decade, RemitBee has helped people and businesses in Canada send money to 150+ countries. Working with TerraPay builds on that foundation, so our customers get faster, more reliable and more cost-efficient payments wherever they send.
What the Partnership Adds
TerraPay's network connects our existing corridors to more payout options worldwide:
- 3.7 billion+ digital wallets
- 7.5 billion+ bank accounts
- 156+ countries
This makes cross-border payments stronger for the ways our customers already use RemitBee: family remittances, supplier payments, freelancer pay, remote payroll and business settlements.
It also brings enterprise-grade payment infrastructure within reach of small businesses, with no high transaction volumes required.
Why It Matters
Canada is a significant outbound cross-border payments market, built on a large and growing small business economy. Over 90% of employer businesses in Canada are small businesses. Many of them still pay more and wait longer to move money abroad.
Globally, the need is just as clear. According to World Bank data, personal remittances to low- and middle-income countries reached about $704 billion in 2025. Those flows depend on payment infrastructure that is resilient, inclusive and digitally connected.
What Our Leaders Say
"Canadian small and medium-sized businesses often lack the transaction volumes to negotiate favorable exchange rates and face delays in cross-border payments. By partnering with TerraPay, we're advancing our vision of making enterprise-grade payment infrastructure accessible to these businesses, expanding their reach across key global corridors and enabling seamless payments into digital wallets."
— Manos Yoganathan, COO, RemitBee
"Canada is a high cross-border payments market, but many smaller-value international transactions still move through expensive, fragmented and slower channels. That is what makes this partnership with RemitBee so relevant. By combining RemitBee's strong local reach with TerraPay's global payment network and digital wallet infrastructure, we are bridging the gap between domestic payment capabilities and international connectivity. This is interoperability solving a real market need, enabling businesses and individuals to access a more connected, transparent and reliable global payments ecosystem."
— Ralph Koker, Head of Europe and Americas, TerraPay
For Businesses: RPass
Businesses can use this expanded network through RPass, RemitBee's B2B payments platform. One API and one portal connect you to bank accounts, mobile wallets and cash pickup worldwide, with real-time payouts, competitive FX and no minimums.
Learn more at rpass.io.
Read TerraPay's announcement: RemitBee and TerraPay partner on digital wallet payouts
About RemitBee
RemitBee is a Canada-based fintech company serving millions of people and businesses across Canada. Founded in 2015 and headquartered in Mississauga, Ontario, RemitBee lets businesses and individuals send money from Canada to over 150 countries quickly, securely and affordably. Other services include currency exchange, tax filing, bill payments, eSIMs and mobile top-ups.
RemitBee is regulated by FINTRAC as a money services business. We are committed to making cross-border payments more accessible and equitable for everyone, whatever the size of their business or transfer.
About TerraPay
TerraPay simplifies global money movement, providing a single connection to one of the most expansive cross-border payment networks, regulated across multiple markets. Its network enables payments to receiving and sending countries worldwide, reaching a vast network of mobile wallets, bank accounts and cards. TerraPay makes money transfers instant, reliable, transparent and fully compliant for its partners, connecting them to 7.5 billion+ bank accounts in 156+ countries.
TerraPay works behind the scenes as a trusted partner for some of the world's most innovative financial players, from banks and digital wallets to MTOs, corporates and fintech platforms. On a mission to create a borderless financial world, TerraPay launched Xend, the first-of-its-kind wallet interoperability network, enabling secure, real-time cross-border payments to and from 3.7 billion wallets through a single, unified connection. TerraPay is headquartered in London, with offices in cities including Dubai, Miami, Milan, Singapore, Bogota, Johannesburg, Kampala and Bangalore.
