Top three Swift service provider Bottomline has launched Global Pay Connect, a new onchain payment connectivity platform for more than 600 banks, powered by Chainlink’s industry-leading oracle network.
Swift is the world’s leading provider of secure financial messaging services for more than 11,000 banks. Bottomline manages approximately 15% of all internal cross‑border Swift traffic and processes more than 10 million messages daily. Each year, Bottomline moves more than $16 trillion in payments across its platforms.
Global Pay Connect is a software as a service (SaaS) platform designed to bridge traditional payment rails with emerging blockchain-based payment networks while providing AI-driven data insights, fraud controls, and interoperability.
The platform leverages Chainlink’s Cross-Chain Interoperability Protocol (CCIP) to connect Bottomline’s payments infrastructure to blockchain networks through a single, network-agnostic integration model, as well as the Chainlink Runtime Environment (CRE) to coordinate end-to-end payment workflows across onchain and offchain systems.
As a result, institutions can connect to the onchain economy through the Swift network and existing payment messaging standards such as ISO 20022.
Earlier this month, Bottomline announced a strategic partnership with Chainlink to bridge Bottomline’s existing payment infrastructure to public and private blockchains via Chainlink’s secure interoperability and orchestration layer. Having enabled over $34 trillion in transaction value, Chainlink is the only oracle platform to meet ISO 27001 and SOC 2 Type 2 institutional security standards.
Amid a growing push to support real-time payments, 40% of CFOs cite outdated systems as the largest barrier to modernization, according to recent Bottomline research. Global Pay Connect was created to help financial institutions respond more effectively to changing market, regulatory, and consumer demands without additional operational complexity.
“The challenge has moved from connecting to payment networks, towards institutions needing infrastructure that can adapt to real-time payments, API-enabled services and evolving payment models,” said Vitus Rotzer, Global Head of Banking GTM at Bottomline.
“Global Pay Connect brings these capabilities together in a single platform, so organizations can simplify operations today, while building a foundation for the future of payments.”
“As a top-three Swift service provider, Bottomline provides critical payment connectivity to the world’s largest financial institutions,” said Chainlink Labs’ Chief Business Officer, Johann Eid.
“By combining Bottomline’s reach with Chainlink’s infrastructure, Global Pay Connect enables hundreds of financial institutions to use their existing infrastructure to access onchain payment rails through a single, network-agnostic connection.”