Author: Sheshagiri (Sukesh) Malliah, Regional Director – APAC, TerraPay

Author

Sheshagiri Malliah

As the Business Head for APAC, Sukesh is responsible for TerraPay's expansion in this region. He is a seasoned professional with a strong understanding of the regional payments landscape. Sukesh is passionate about Financial Inclusion and he has a keen interest in technologies that will enable this.

As our society becomes more globalized, there will soon be no borders for capital. Globally, the amount of money being sent as allowance has seen significant growth as a direct result of increased migration as well as expanded business activity on a worldwide scale. Many developing nations acquire a considerable economic boost from remittances sent home by their citizens. A year-long standard study indicated that these payments are equivalent to more than 10% of the GDP of emerging nations. These payments are of utmost significance, not only for the expansion of national economies but also for the global economy. Considering…

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