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TerraPay and OMT Partner to Empower Lebanese Businesses with New Cross-Border Payment Solutions
In a move set to redefine how Lebanese businesses engage with the international economy, TerraPay, a leading global money movement company, has partnered with OMT, a recognized financial services leader in Lebanon, to launch a cross-border payment solution tailored to the needs of Lebanese enterprises, strengthening their position in the global trade ecosystem.
Combining OMT’s nationwide footprint and market leadership with TerraPay’s global infrastructure and network, this partnership enhances the ability of Lebanese businesses to integrate into the global marketplace through a robust and price competitive payment solution, fully aligned with international compliance standards. With a secure online portal, users can initiate real-time transfer requests, track transactions, and access financial reports.
Bassem Awada, Sr. Vice President at TerraPay said, “Partnering with OMT allows us to extend our vision to Lebanon’s business community, giving enterprises the tools they need to transact internationally with confidence, speed, and compliance. We’re excited to empower growth and unlock new opportunities through this collaboration.”
“Global commerce requires secure and compliant digital financial solutions”, said Naji Abou Zeid, CEO of OMT. “Through our partnership with TerraPay, we are enabling Lebanese businesses to operate at the speed and standard of today’s interconnected economy. Whether sourcing raw materials or settling invoices with international partners, they now have access to a cross-border payment solution that is seamless, compliant, cost-effective, and fully interoperable.”
This partnership between TerraPay and OMT seeks to foster a more inclusive financial system and empower businesses of all sizes to engage more effectively in global commerce.
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