TerraPay has announced the launch of Xend, a payments interoperability network intended to unify wallets, banks, and cards into a seamless, borderless financial ecosystem.

With the introduction of this network, wallet users can now conduct transactions with 11,500 banks through the Swift network and access 150 million acceptance points worldwide—all directly from their current wallet apps.

Xend acts as a universal infrastructure layer, supporting real-time access to global banks, merchants, and other wallets.

TerraPay’s collaboration with “inclusion-led” partners such as Swift powers Xend to deliver global interoperability, enabling wallet users to get funds from any bank in the world and make payments across vast merchant networks.

Currently, the Xend network is live with more than 200 million wallet users through leading global wallet players.

The network demonstrates its ability to scale rapidly to its existing 3.7 billion wallet endpoints, delivering seamless connectivity without the need for new infrastructure or bilateral integrations, stated TerraPay.

The launch event held in Dubai brought together payment leaders, mobile money providers, and digital wallet innovators, highlighting a significant development in financial infrastructure.

Xend is positioned as the first network to provide universal payments interoperability, linking wallets to each other as well as to the formal financial system at scale.

TerraPay founder and CEO Ambar Sur said, “In mobile networks, roaming transformed how people connected, it made communication borderless. With Xend, we’re bringing that same freedom to money movement. 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’re building a truly open and interoperable financial fabric that connects the digital economy to the formal financial system – at scale.”

Swift global head of payments services Juan Martinez said, “Swift has long championed interoperability as a cornerstone of global financial connectivity. 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.”

Xend is claimed to empower wallet users with global functionality, allowing them to receive funds from any bank worldwide, make payments at both online and in-store merchants across the globe, and send money to other wallets internationally.

By seamlessly connecting domestic wallets and super-apps to the global financial ecosystem—without the need for new infrastructure or complex bilateral integrations—Xend transforms local wallets into powerful, globally accessible financial tools, stated TerraPay.

With this collaboration, wallet providers on the Xend network can offer instant, compliant, and interoperable payments across banks, cards, and wallets to users. This bridges the gap between conventional finance and the digital economy.