Tango Pay and Currency cloud work together for remittances.

With the addition of real-time competitive foreign exchange (FX) rates and more locally tailored payment options, Currencycloud—the experts at streamlining business in a multi-currency world—has partnered with UK-based Fintech TangoPay to further improve its current remittance service for its expat customers based in the UK.

Madilyn Swift

March 01, 2024

1Min Read

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Payments

Tango Pay's relationship with Currency cloud gives them access to a wide range of services that let them customize payment solutions to meet the demands of their clients. TangoPay can provide its customers with significant improvements in a number of important areas when making international remittance payments thanks to the enhanced operational efficiencies that Currencycloud's APIs bring. These improvements include a notable decrease in average transaction time, a reduction in transaction fees, real-time exchange rates, and a greater selection of payment options.

"Currency cloud is a great fit for TangoPay," stated Basir Sangerwal, CEO and Founder of Tango Pay. We used conventional foreign exchange techniques prior to our integration, which were efficient but constrained in terms of our ability to scale and the variety of payment choices we could provide. The aforementioned constraints posed challenges in satisfying the dynamic demands of our worldwide clientele. Our goal of being a real catalyst for financial inclusion is being fulfilled as we quickly connected with Currency cloud and added new features and services for our clients. They now enjoy a more comprehensive and customized service. We did this by utilizing their APIs.

"Since their launch, Tango Pay has focused relentlessly on financial inclusion, making it easy for UK's expat community to make payments to friends, family, and businesses globally," stated Aleks Stefanovski, Chief Strategy Officer at Currency cloud. TangoPay has chosen to integrate with Currency cloud, making that inclusion even more of a reality by providing competitive real-time foreign exchange and quick transactions that give international transfers clarity, value, and speed. We are honored to contribute to their goals and objectives.

You can now download the Tango Pay app from the App Store and Google Play Store.