PYMNTSPayments

TerraPay Adds Payee Verification to J.P. Morgan’s Liink Network

By PYMNTS

Photo for: TerraPay Adds Payee Verification to J.P. Morgan’s Liink Network

AI summary of the source article

TerraPay has integrated its payee verification service, TerraPay Verify, with Kinexys by J.P. Morgan's Liink network. Connecting to Liink's Confirm application, the integration enables financial institutions to check bank account and digital wallet details prior to executing cross-border payments.

Why it matters

The integration is aimed at "expanding financial institutions’ ability to check bank account and digital wallet details before sending cross-border payments."

Key facts

  • TerraPay integrated its payee verification service with Kinexys by J.P. Morgan's Liink network.
  • The partnership connects TerraPay Verify directly with Liink's Confirm application.
  • The integration allows institutions to check bank account and digital wallet details before sending cross-border payments.

Source excerpt · PYMNTS

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 TerraP…