TerraPay
TerraPay: API- and Swift-connected payouts across banks, wallets and cards, with compliance controls. Ranked #8 of 38 in Remittance software by our editors (8.2/10); pricing: Pricing on request; best for mid-market firms needing API-based global payouts.
At a glance
- Editor score8.2 / 10
- PricingPricing on request
- Best forMid-market firms needing API-based global payouts
- Free planNo
- Transfer API accessYes
- Founded2014 · London, United Kingdom
- Facts checked20 Oct 2026
Where it wins
- Payouts reach bank accounts, mobile wallets and cards
- Validation, FX quotation, compliance and reconciliation APIs
- Coverage spans more than 150 receiving and 210 sending countries
Where it doesn't
- Pricing is customized through sales instead of fixed public plans
- Cloud deployment may not suit teams requiring on-premises hosting
- Support is documented through a docs channel rather than broader listed channels
Our verdict on TerraPay
TerraPay provides regulated cross-border payment infrastructure for money-transfer organizations, banks, fintechs, digital-wallet providers and platforms. Its web and API offering supports API- or Swift-connected transfers to bank accounts, mobile wallets and payment cards. The product is aimed at mid-market and enterprise teams that need global payout workflows, beneficiary validation, foreign-exchange quotations, compliance screening, transaction monitoring, reconciliation and reporting in one operating layer. TerraPay also offers the TerraPay Engage partner portal for partner workflows.
Pricing is handled through contact sales rather than fixed public plans, so commercial planning starts with a vendor conversation. The platform connects with Swift, bank accounts, mobile wallets and payment cards, giving teams several payout routes for international remittances. Its documented network covers more than 150 receiving countries and 210 sending countries. API access and agent-network support are included in the category fit, while cloud deployment defines the delivery model. Teams selecting TerraPay should map their existing payment partners and technical architecture to these connection options before implementation.
Compliance and transaction operations are central strengths. TerraPay lists KYC, AML/CFT and sanctions screening, beneficiary account-status and name validation, transaction monitoring, reconciliation and reporting, alongside SOC 2, ISO 27001, GDPR and PCI DSS compliance. Those controls suit organizations that need governance around high-volume international payouts. The trade-off is a more enterprise-oriented buying process: pricing is customized, deployment is cloud-based, and the listed support channel is documentation, even though 24/7 support is indicated. Organizations seeking open-source deployment or a self-serve plan should consider a different type of remittance platform; firms prioritizing regulated, API-based reach across banks, wallets and cards are the clearer fit.
Your product? Our editors can test TerraPay in depth and publish a review, labelled as paid · from $149/mo →
TerraPay pricing
TerraPay fact sheet
| Free plan | No |
|---|---|
| Paid from | Not verified |
| Transfer API access | Yes |
| Agent network tools | Yes |
| Digital wallet support | Yes |
| Compliance suite | Yes |
| Payout methods | Wallet |
| Supported countries | 150 countries |
| Deployment | Cloud |
| Platforms | Web |
| Compliance & security | SOC 2, ISO 27001, GDPR, PCI DSS |
| Support | Docs · 24/7 |
| Built for | Mid-market, Enterprise (editorial estimate) |
| Integrations | 4 integrations: Swift, mobile wallets, bank accounts, payment cards |
| Pricing | Pricing on request |
| Website | terrapay.com |
| Facts checked | 20 Oct 2026 |
TerraPay integrations
TerraPay lists 4 integrations on its own site.
- Swift
- mobile wallets
- bank accounts
- payment cards
Alternatives to TerraPay
- MoneyGramBroad, trackable remittances with upfront pricing across web and mobile.9.2
- Flecisoft Cross-Border Remittance SoftwareConfigurable white-label remittance stack spanning wallets, payouts, agents and compliance.8.8
- IRemitify Remittance Management SystemA broad omnichannel remittance system for operators managing agents, payouts and compliance.8.7
See all TerraPay alternatives →
TerraPay vs the competition
- TerraPay vs MoneyGram
- TerraPay vs Flecisoft Cross-Border Remittance Software
- TerraPay vs IRemitify Remittance Management System
- TerraPay vs Nium for Platforms
- TerraPay vs NetRemit
- TerraPay vs GlobeWire
Compare TerraPay with any tool side by side →
Used TerraPay? Be the first to review it
The editor score above is our own research. What this page doesn't have yet is a reader's view — what you used TerraPay for, what worked and what didn't. No stars are seeded and no review is paid for; an editor reads every one before it appears.
Write a reviewTwo minutes · verified accounts only · read by an editor before it appears
Featured on iTechGuides
TerraPay is listed in our Remittance software directory. Add the badge to your site — it links back to this page.
<a href="https://www.itechguides.com/products/terrapay/"><img src="https://www.itechguides.com/best/badge/terrapay.svg" alt="Featured on iTechGuides" width="230" height="46"></a>
Reviewed by iTechGuides Editors · Editorial team · Updated Oct 2026
Advertiser disclosure: iTechGuides is reader-supported. Vendors can pay for top positions in our rankings and for a place on other products' pages, and we may earn a commission when you click some links. Bought places stand at the number bought; this page and our disclosure say so. Paying vendors may get a fuller, more detailed review from our editors, and that review can change their score. How we rank.
Last updated · How we research and update