TerraPay has integrated its TerraPay Verify service with the Liink network, managed by J.P. Morgan’s blockchain unit Kinexys. This connection allows banks and nonbank financial institutions to validate recipient information for international transfers.
The tool aims to identify incorrect beneficiary details before funds are sent. According to a 2026 LexisNexis Risk Solutions study, errors in recipient data cause 10% to 15% of failed international payments, leading to increased operational costs.
This partnership expands the reach of TerraPay Verify globally. Paul Atkinson from Kinexys noted that the integration provides institutions with improved control over cross-border transactions and aids in fraud prevention.
TerraPay continues to grow its ecosystem through strategic alliances. In December 2025, the company partnered with Mastercard to enable contactless payments for digital wallet users at over 150 million locations.
Additionally, in July 2025, TerraPay collaborated with Blue Remit, a subsidiary of Al Ansari Financial Services, to support real-time international payouts to bank accounts, mobile wallets, and cards.
