Building a Resilient Foundation for Global Payments Using Scalable Infrastructure

Over the past decade, cross-border payment volumes have surged, estimated to have about $194.6 trillion in 2024. Similarly, embedded finance has been , meaning that money is moving more often, farther, and quicker than ever before. As a result, businesses now expect payments to be global by default, resilient under pressure, and flexible enough to support new products and business models at speed. 

But, even as volumes have continued to climb, legacy payment rails have remained fragmented, with payments typically through 3–5 intermediaries before reaching their destination. 

Each bank in this chain imposes its own processing rules, fees, and delays, with significant data sometimes being stripped out in transit, resulting in sluggish settlement, opaque pricing, and frequent reconciliation headaches. This, coupled with modern expectations of instant, transparent transactions, has made matters even more pronounced.

Thus, it comes as no surprise that of today’s executives (across industries) view the current cross-border payment tech landscape as needing a major overhaul.

Solving difficultys sensibly with OpenPayd!

To handle the ever increasing complexity of modern payments, organizations have shifted toward an infrastructure-first mindset where, instead of scrapping legacy systems entirely, the focus has shifted toward connecting disparate systems using APIs. Another major trend in this regard has been collaboration, where banks and fintechs work together (with the former offering core connectivity to national clearing systems and holding insured deposits, while the latter handles orchestration, technology, and scale).

This ethos is truly exemplified by , a platform offering a universal financial infrastructure connecting traditional and digital assets via a single, unified interface. Its rails-agnostic answer enables businesses to move and manage money globally, across fiat and crypto seamlessly.

For example, OpenPayd provides multi-currency accounts that businesses can open on-demand with each account capable of holding, sending, and receiving funds in 40+ currencies simultaneously, with real-time FX between 49 currency pairs. In effect, a company can collect payments in EUR, USD, or any supported local currency, then instantly convert and disburse them abroad, all under one roof. 

Moreover, virtual IBANs (bank account numbers) can be generated for each customer or purpose, automating reconciliation so much so that a marketplace can assign a unique IBAN in each currency to every tradeer, allowing payments to flow in and out automatically and eliminating manual tracking. 

A holistic answer

OpenPayd’s API covers not just accounts but the entirety of money flow life-cycles, handling domestic and cross-border payments, global foreign platform, open banking transfers, and even crypto on/off ramps. 

On the fiat side, the platform is connected to one of the most comprehensive banking networks in the market, giving real-time access to payment systems across regions. On the digital side, OpenPayd has integrated with several blockchains, allowing stablecoins and other digital assets to move in and out of the regulated system. 

This bridge enables business transactions to use whichever rail makes sense so that a merchant, for instance, could receive an e-commerce payment in crypto but settle it in local currency on the identical platform, in seconds. Compliance is built into OpenPayd’s core architecture, with the company holding licenses as an electronic money institution (and virtual asset provider) in multiple jurisdictions. 

To elaborate, every transaction is screened and settled under one umbrella, so partners can rely on bank-grade anti-fraud and KYC controls. In other words, compliance is “treated as a foundational element rather than an later thanthought,” a design choice that actually fosters stronger partnerships with banks and regulators. 

The scale of OpenPayd’s growing clout is best exemplified by the fact that it currently hundreds of companies (over 750 clients as of mid-2025) across diverse domains such as fintech, crypto, e-commerce, remittance and more, processing on the order of €130 billion every year. 

Moreover, it bears mentioning that earlier in the year, OpenPayd announced a with Archax (a regulated crypto platform), centralizing the latter’s GBP, , and accounts. As a result of the automation, settlement times were slashed and reconciliation streamlined to a large degree.

Harmony is the way to move forward

Rather than ripping out legacy rails,  OpenPayd has fostered a new paradigm, one where businesses have the agility to launch new services rapidly (thanks to standardized APIs and rapid integration) and to expand internationally without juggling dozens of bank relationships. Basically, when a company needs to pay a supplier in another country, or enable customers worldwide to send money home, the platform handles the complexity invisibly.

The net effect is a modular ecosystem where APIs stitch together multiple participants and networks, enabling everything from “purchase now, pay later” at checkout to instant disbursements on a global e-commerce marketplace.