TerraPay Global Payments Platform logo

TerraPay Global Payments Platform

by TerraPay · Since 2014
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ActiveAvailable globally
Quick facts
VendorTerraPay
Year launched2014
StatusActive
LocationLondon, GB
Countries servedGlobal
Languages1
Integrations
Free tier
Free trial
Contact sales

About TerraPay Global Payments Platform

TerraPay Global Payments Platform is a payment processing software from TerraPay that facilitates cross-border transactions. It provides secure payment solutions, multi-currency support, and real-time settlement options so businesses can efficiently manage international payments. The platform is designed to accommodate various payment methods, ensuring accessibility for users in varied regions. TerraPay's reliable infrastructure enables businesses to reach a global audience while maintaining compliance with local regulations. Key capabilities: cross-border payments multi-currency transactions real-time settlements payment method integration compliance management Best for: businesses that need to conduct international transactions with ease and efficiency.

TerraPay is a global payment network designed to simplify cross-border money movement at massive scale. The platform connects businesses to an extensive financial ecosystem, powering payments across billions of bank accounts, cards, and digital wallets worldwide. With regulatory approvals in over 30 markets and coverage spanning more than 150 receive countries, TerraPay positions itself as a trusted infrastructure layer for international payouts. At its core, TerraPay enables seamless pay-ins and payouts through three major rails: digital wallets, bank accounts, and cards. Businesses can send and receive funds in multiple currencies, issue cards, process real-time payments, and pay suppliers even in markets where traditional card acceptance is limited. Its strong focus on local currency settlement helps reduce friction, costs, and delays commonly associated with cross-border transactions. One of TerraPay’s standout strengths is reliability. The platform reports high uptime, fast transaction delivery—often under one minute—and strong performance consistency. This is reinforced by a scalable infrastructure, real-time integrations, and 24/7 operational support.

Pros & Cons

What users like
  • +Fast cross-border payments in local currencies
  • +Supports multiple payment channels (wallets, accounts, cards)
  • +High platform reliability with 99.99% uptime
  • +AI-driven compliance ensures secure transactions
  • +Extensive global market reach including Africa and Southeast Asia
What users flag
  • May require technical integration for API connectivity
  • Primarily enterprise-focused; smaller businesses may need additional support
  • Fees and processing terms may vary by region

Features

Key features

Global Payments Network – Seamless transfers across 7.5B bank accounts, 12B cards, and 3.7B digital wallets
Digital Wallet Integration – Connects mobile wallets to merchants’ PoS and enables cross-border payments in local currencies
Global Accounts – Multi-currency accounts for deposits, pay-ins, and payouts
Card Issuing & Payments – Issue cards in multiple currencies, send real-time payments to cards, and support instant supplier payouts
Scalable Infrastructure – Enables instant, secure payouts with high platform uptime
AI-Powered Compliance – Automated onboarding and verification checks for secure payment processing
Comprehensive Market Access – Supports transactions in 70 currencies, across 210+ send and 150+ receive countries

Additional features

Digital Wallet Payouts – Boost mobile wallet acceptance at merchant PoS globally
Cross-Border Payments – Local currency settlement for international transactions
Multi-Currency Accounts – Deposit, store, and pay out in multiple currencies
Card Network Integration – Issue and process card payments globally
Instant Transaction Processing – 97% of transactions processed in under 60 seconds
Regulatory Compliance – 32 licenses and regulatory approvals across regions
High Uptime & Reliability – 99.99% platform uptime
24/7 Customer Support – Round-the-clock assistance for businesses
Data Visibility & Analytics – Access transactional data instantly for operational insights
Secure API Integrations – Easily connect TerraPay solutions to banking, MTOs, travel, and other platforms

Pricing

Free trial
Free version
Request a quote
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Countries & Languages

Global
Countries served
1
Interface languages
7
Billing currencies

Interface languages

English

Billing currencies

🇺🇸USD🇪🇺EUR🇬🇧GBP🇨🇦CAD🇦🇺AUD🇸🇳XOF🇨🇲XAF

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