#Dubai #UAE #Global Payments #TerraPay #Xend

TerraPay Launches Xend: A Game-Changer in Global Payments

DUBAI, UAE, Nov. 24, 2025 – TerraPay, a leader in the realm of global money movement, has announced the launch of Xend, a pioneering Payments Interoperability Network designed to unify disparate financial systems, including wallets, banks, and cards, into a cohesive, borderless ecosystem. This innovative platform aims to empower billions of digital wallet users by facilitating seamless transactions across various financial corridors worldwide.

The Essence of Xend

Xend acts as a universal infrastructure layer that allows wallet users to interact with approximately 11,500 banks via the Swift network and grants access to 150 million acceptance locations, all through their existing wallet applications. Partners in this initiative, such as Swift, have collaborated with TerraPay to create a framework that opens up global interoperability, enabling users to receive funds from any bank and make payments to a vast array of merchants worldwide.

Currently, over 200 million wallet users are already benefiting from the Xend network, which showcases its rapid scalability and capability to connect with 3.7 billion wallet endpoints, ensuring real-time access to a wide range of global banks and merchants.

The Launch Event

The unveiling of Xend took place in Dubai, where leaders from the global payment industry, digital wallet innovators, and representatives from mobile money services congregated, marking a crucial advancement in financial infrastructure. Ambar Sur, Founder and CEO of TerraPay, emphasized that “In mobile networks, roaming transformed how people connected; it made communication borderless. With Xend, we're bringing that same freedom to money movement.” Sur elaborated on the vision of allowing every wallet to operate globally as mobile phones do, so users can transact effortlessly from anywhere in the world.

Collaboration with Swift

Swift's Global Head of Payments Services, Juan Martinez, echoed the sentiment, stating, “Swift has long championed interoperability as a cornerstone of global financial connectivity.” This partnership with TerraPay signifies a mutual commitment to facilitating instant, secure, and inclusive cross-border transactions, thereby extending the power of the Swift network to millions of digital wallet users globally.

Transforming Wallets into Global Tools

Xend enhances the value of domestic wallets and super-apps by transforming them into internationally connected financial tools without needing extensive infrastructure or new bilateral integrations. Wallet providers on the Xend network can offer their users frictionless, compliant payments across different financial platforms, creating a bridge between traditional finance and the digital economy.

About TerraPay

TerraPay is dedicated to simplifying global money transfer operations, providing partners with a connection to one of the most expansive cross-border payment networks, well-regulated across multiple regions. The company's robust network enables payments to and from countries worldwide, connecting countless mobile wallets, bank accounts, and cards.

Driven by the mission of forging a borderless financial world, TerraPay strives to make money transfers rapid, reliable, transparent, and compliant for its partners, creating a vast ecosystem that encompasses more than 3.7 billion mobile wallets and over 7.5 billion bank accounts across more than 150 countries.

Through its operations from headquarters in London and offices in key global cities like Bangalore, Dubai, and Singapore, TerraPay continues to advocate for financial inclusion, especially in hard-to-reach markets, building a global interoperable wallet network that meets the needs of a diverse user base.

As the landscape of global payments evolves, TerraPay and its innovative solutions like Xend are set to redefine how digital transactions occur on an international scale, paving the way for a more connected financial future.