Making payments across different countries involves much more than sending money from one account to another. Each market has its own banks, currencies, payment systems, financial networks, and regulations, which can make international operations more complex.
For companies operating across different markets, this fragmentation can mean managing multiple providers and integrations to execute a single operation.
The Transfero Payments Network (TPN) was developed to address this complexity. The network acts as an execution and orchestration layer that connects different financial rails, including banking networks, payment systems, blockchain, stablecoins, and liquidity providers.
Through a single integration, companies can access different execution options and define rules for their financial flows. TPN uses an Execution Intelligence layer to evaluate factors such as cost, speed, liquidity, availability, and transaction context to determine the most suitable path.
In this article, you will learn how this infrastructure works, which components are connected to TPN, and how it can support companies moving funds across different markets.
The challenge of international payments
An international operation can involve several steps. Imagine a company that needs to send funds from Brazil to another country. Depending on the operation, it may need to:
move BRL through the Brazilian financial system;
perform a foreign exchange conversion;
choose a payment route;
access liquidity;
settle the funds in the destination market;
track and reconcile the transaction.
Each step may depend on different infrastructure. When these components are managed separately, the number of integrations, providers, and processes the company needs to monitor increases.
In addition, the same route may not be suitable for every transaction. The most efficient path can vary depending on the currency, country, volume, available liquidity, and other characteristics of the operation.
This is where payment orchestration comes in: a layer capable of coordinating different rails and routing each transaction according to defined criteria.
What is the Transfero Payments Network?
The Transfero Payments Network (TPN) is an execution layer that operates across different financial rails. Rather than functioning as another payment network, it coordinates existing infrastructure and allows different networks to participate in the same execution system.
TPN connects banking networks, payment systems, blockchain networks, stablecoins, and liquidity providers. The connected infrastructure includes Swift, Pix, Circle Payments Network, Fireblocks Network, Ripple, and t0 Network, as well as local and international banks and liquidity providers.
In practice, companies do not need to rely on a single network for every operation. TPN brings together different execution options and coordinates the flow according to the rules and conditions available.
How does TPN determine the path for each operation?
Each payment can have different characteristics. One transaction may involve a specific currency, country, volume, and deadline, while another may require a completely different structure.
For this reason, TPN uses an Execution Intelligence layer that analyzes available conditions and determines execution strategies in real time. Factors considered include:
cost;
speed;
liquidity;
network availability;
operational context.
The strategy can be adjusted as conditions across different rails change. This means execution is not limited to a single network.
This architecture also contributes to operational resilience. If a particular rail becomes unavailable, available alternatives can be used to continue the operation, reducing dependence on a single infrastructure.
A layer connecting different financial systems
Fragmentation in international payments does not occur only between banks and payment systems. The expansion of blockchain networks has also created new environments for moving and settling value.
For example, a company may need to connect a traditional bank account to an operation that uses a blockchain network or stablecoin. In this scenario, different systems need to work together.
TPN operates at this connection layer, integrating banking infrastructure, payment systems, liquidity, foreign exchange, and blockchain networks.
This makes it possible to structure operations using different rails according to their needs, without requiring every flow to be executed through the same technology.
The use of blockchain or stablecoins, however, depends on the characteristics of the operation, the market, and applicable rules. These resources should therefore be considered within the specific structure of each flow.
Liquidity integrated into execution
Technology is only one part of a financial operation. For a transaction to be completed, the necessary funds and liquidity must also be available.
That is why TPN connects different liquidity providers to other financial rails. The availability of these resources can be considered when determining the execution strategy.
This is especially relevant for companies moving different currencies, volumes, and markets. One operation may require a specific amount of funds in a particular currency, while another may depend on different conditions.
By combining liquidity with different execution rails, the infrastructure can consider more variables when routing each transaction.
Execution rules and control
In addition to connecting different rails, TPN allows payment rules to be translated into execution logic.
Through the Machine Payment Protocol (MPP), companies can define criteria such as route preferences, cost limits, and alternative strategies in advance. Execution can then follow these rules automatically.
This model provides greater control over how payments should be processed without requiring the company to manually determine the route for each transaction.
TPN also offers governance features, including audit trails, role-based access control, and mechanisms designed for regulated institutions and treasury operations.
Infrastructure for different types of operations
TPN can support companies that need to move funds across markets or connect different financial systems.
Fintechs
They can use different rails to structure payments, collections, and international operations without having to create a separate integration for each market.
Exchanges
They can connect traditional financial systems and digital asset infrastructure to structure deposits, withdrawals, conversions, and settlement flows.
Financial institutions
They can use an orchestration layer to connect banks, payment networks, liquidity providers, and blockchain infrastructure.
Global companies
They can use the infrastructure to connect different currencies and markets and automate the execution of international payments and other financial flows.
TPN currently offers coverage across five regions and more than 120 destinations, including markets in the Americas, Europe, the Middle East, Africa, and Asia.
International payments through different rails
The key difference of an orchestration infrastructure is the ability to use different paths for different operations.
One flow may involve:
Company → TPN → FX → payment rail → local settlement → beneficiary
Another may use a different structure:
Company → TPN → liquidity → blockchain network → settlement → destination market
In both cases, TPN acts as the layer responsible for coordinating execution. The route can change according to the transaction’s characteristics and the rules established by the company.
This means orchestration makes it possible to work with different rails without relying on a single infrastructure for every payment.
What should you consider when choosing an international payments infrastructure?
Before choosing a provider, it is important to evaluate not only which markets and services are available, but also how the different components work together.
Market coverage
Check which countries and regions can be served and whether this coverage supports the company’s expansion plans.
Available currencies and rails
Assess which currencies can be moved and which payment networks, banking systems, or digital infrastructures are connected.
Liquidity
Understand which providers are connected and how the infrastructure handles different currencies, volumes, and periods of higher demand.
Routing capabilities
An orchestration infrastructure should be able to evaluate different options and route each operation based on criteria such as cost, speed, liquidity, and availability.
Technology integration
Check how integration is handled, which APIs are available, and how much of the operation can be automated.
Resilience
Understand which alternatives are available when a particular rail becomes unavailable and how the infrastructure can maintain operational continuity.
Governance and compliance
Evaluate the controls, monitoring, audit mechanisms, and ability to meet applicable requirements in each market.
How does Transfero support global operations?
The Transfero Payments Network (TPN) connects different financial rails through a single execution layer, allowing companies to move value across markets without having to manage each connection individually.
The infrastructure combines banking networks, payment systems, blockchain, stablecoins, and liquidity providers, while MPP enables execution rules to be defined and the Execution Intelligence layer helps route operations according to available conditions.
This gives Transfero an infrastructure capable of connecting different financial environments and supporting international payments, foreign exchange, settlement, and global value movement.
Talk to Transfero’s sales team to learn how Cross-border Payments infrastructure can support your company’s international operations.
