Chainlink Brings 600+ Banks into Onchain Payment Infrastructure via Bottomline Partnership
Chainlink has helped Bottomline, a top-three SWIFT service provider handling over $16 trillion in payments annually, launch Global Pay Connect. This new onchain payment connectivity platform connects 600+ banks to blockchain payment rails without requiring them to rebuild existing systems.
The partnership leverages Chainlink's CCIP and CRE infrastructure to connect Bottomline's payments infrastructure to blockchain networks through a single integration model. This allows institutions to access onchain payment rails using the Swift network and their existing payment messaging standards.
Global Pay Connect prioritizes connectivity over standalone payment systems, linking traditional financial infrastructure with the onchain economy via Chainlink. With 600+ banks already onboarded, this setup enables seamless payment workflows across blockchain and offchain systems.