By PYMNTS | October 22, 2026
TerraPay announced it has integrated its payee verification service with Kinexys by J.P. Morgan’s Liink network, expanding financial institutions’ ability to check bank account and digital wallet details before sending cross-border payments.
The integration connects TerraPay Verify with Liink’s Confirm application, allowing banks and nonbank financial institutions on the network, as well as TerraPay Verify clients, to validate recipient information across international markets, TerraPay said in a Thursday (Oct. 22) press release.
The service is designed to help payment providers identify incorrect recipient details before funds are transferred, reducing failed transactions, settlement delays and potential fraud. A 2026 study by LexisNexis Risk Solutions cited in the announcement estimates that incorrect beneficiary information accounts for 10% to 15% of failed international payments, adding operational costs for financial institutions.
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The partnership also expands the distribution of TerraPay Verify through J.P. Morgan’s Liink network, which connects financial institutions to exchange information intended to support payment processing. Kinexys is J.P. Morgan’s blockchain-focused business unit.
Paul Atkinson, head of Kinexys Liink Product, said the integration is intended to give financial institutions greater control over cross-border transactions and help reduce payment fraud. David Backshall, TerraPay’s vice president of payment partnerships, said the arrangement will extend recipient verification capabilities to more institutions globally.
The announcement comes as TerraPay builds partnerships across different parts of the global payments ecosystem.
Last December, PYMNTS reported that Mastercard had partnered with TerraPay to expand digital wallet acceptance. The arrangement was designed to let Mastercard’s wallet partners, including banks, FinTechs and mobile money providers, offer contactless payments at more than 150 million Mastercard acceptance locations worldwide.
According to the report, the partnership will let wallet customers “transact seamlessly” at more than 150 million Mastercard acceptance locations using NFC (near-field communication) payments, while wallet providers can get the benefits of the two companies’ tech and infrastructure.
In July 2025, PYMNTS reported that TerraPay and Blue Remit, the digital remittance subsidiary of Al Ansari Financial Services, had partnered to facilitate real-time international payouts to bank accounts, mobile wallets and cards.