TerraPay Secures AUSTRAC Registration to Deepen Cross-Border Payment Infrastructure in Australia and the Pacific

• Enable smaller fintechs, PSPs, and MSBs by providing access to global payout networks and local collections.
• Power wallet interoperability across the Pacific through direct partnerships with mobile money providers.
• Build infrastructure for education, cross-border payments, B2B FX, gig economy payouts, and aid disbursements. With this regulatory approval secured, TerraPay continues to expand its global footprint, bringing secure, scalable, and inclusive payment capabilities to markets that need them most — and ensuring its partners can confidently enter, operate, and scale across Australia and beyond.

Sukesh Malliah, Vice President – Asia Pacific, “Oceania and the Pacific are often overlooked, yet they’re home to some of the most remittance-reliant economies globally. Our investment in Australia is not just about market entry – it’s about building capabilities that enable sustainable access, faster transactions, and more affordable financial services across the region.”  Ritesh Singh, Senior Director – Australia & Pacific, “This license sets the foundation for our long-term commitment to Australia and its Pacific neighbours. We’re here to collaborate — with fintechs, banks, platforms, and communities — to co-create solutions that simplify money movement and enable growth. This is just the beginning.” TerraPay AUSTRAC registration enhances its capacity to support communities in Australia that rely on remittances and expand payment infrastructure throughout the Pacific.