{"id":150344,"date":"2025-11-24T14:11:10","date_gmt":"2025-11-24T14:11:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/150344\/"},"modified":"2025-11-24T14:11:10","modified_gmt":"2025-11-24T14:11:10","slug":"terrapay-launches-xend-network-connecting-digital-wallets-banks-and-cards","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/150344\/","title":{"rendered":"TerraPay Launches Xend Network Connecting Digital Wallets, Banks and Cards"},"content":{"rendered":"<p>Free Newsletter<\/p>\n<p>Get the hottest Fintech Singapore News once a month in your Inbox<\/p>\n<p>Global money movement firm <a href=\"https:\/\/fintechnews.sg\/tag\/TerraPay\" target=\"_blank\" rel=\"noopener nofollow\">TerraPay<\/a> has announced the launch of Xend, a new network designed to improve interoperability between digital wallets, banks and cards.<\/p>\n<p>TerraPay said Xend functions as an infrastructure layer that lets wallet users transact with more than 11,500 banks through the <a href=\"https:\/\/fintechnews.sg\/tag\/Swift\" target=\"_blank\" rel=\"noopener nofollow\">Swift<\/a> network and make payments at about 150 million merchant locations worldwide.<\/p>\n<p>These services can be accessed through existing wallet apps without requiring complex bilateral connections.<\/p>\n<p>The company said Xend is already live with more than 200 million wallet users and is able to scale across 3.7 billion wallet endpoints.<\/p>\n<p><a href=\"https:\/\/bit.ly\/43iIhdV\" target=\"_blank\" rel=\"nofollow noopener\"><img loading=\"lazy\" decoding=\"async\" border=\"0\" src=\"https:\/\/www.newsbeep.com\/il\/wp-content\/uploads\/2025\/11\/Flagright-4.png\" width=\"600\" height=\"500\"\/><\/a><\/p>\n<p>The network is intended to support real-time access to banks, merchants and other wallets globally.<\/p>\n<p>The launch event in Dubai brought together payment firms, mobile money providers and wallet operators.<\/p>\n<p>TerraPay said Xend is designed to connect domestic wallets to the formal financial system by extending their international reach.<\/p>\n<p>According to the company, the network also aims to give wallet providers the ability to offer instant and compliant payment services across banks, cards and wallets.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"size-thumbnail wp-image-94125\" src=\"https:\/\/www.newsbeep.com\/il\/wp-content\/uploads\/2025\/11\/Ambar-Sur-150x150.jpg\" alt=\"Ambar Sur\" width=\"150\" height=\"150\"  \/>Ambar Sur<\/p>\n<p>\u201cIn mobile networks, roaming transformed how people connected, it made communication borderless. With Xend, we\u2019re bringing that same freedom to money movement.<\/p>\n<p>We want every wallet to roam globally, just like mobile phones do, to pay, receive, and spend anywhere, without friction or boundaries. By partnering with Swift, we\u2019re building a truly open and interoperable financial fabric that connects the digital economy to the formal financial system \u2013 at scale.\u201d<\/p>\n<p>said Ambar Sur, Founder &amp; CEO, TerraPay.<\/p>\n<p>\u201cSwift has long championed interoperability as a cornerstone of global financial connectivity.<\/p>\n<p>Working with TerraPay aligns with our mission to enable instant, secure, and inclusive cross-border transactions, bringing the power of the Swift network to millions of wallet users worldwide.\u201d<\/p>\n<p>said Juan Martinez, Global Head of Payments Services, Swift.<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>Featured image: Edited by Fintech News Singapore, based on image by <a href=\"https:\/\/www.freepik.com\/premium-ai-image\/blurry-photo-welllit-room_138733015.htm\" target=\"_blank\" rel=\"noopener nofollow\">mkmult<\/a> via Freepik<\/p>\n<p>\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"Free Newsletter Get the hottest Fintech Singapore News once a month in your Inbox Global money movement firm&hellip;\n","protected":false},"author":2,"featured_media":150345,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16],"tags":[85,46,321,125],"class_list":{"0":"post-150344","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-mobile","8":"tag-il","9":"tag-israel","10":"tag-mobile","11":"tag-technology"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/150344","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=150344"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/150344\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/150345"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=150344"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=150344"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=150344"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}