FINTRAC Licensed MSB · Toronto

Infrastructure for global settlement

AskPay Ltd builds the multi-currency settlement layer for banks, PSPs, and marketplaces. Fast, compliant, and architected for high-volume cross-border treasury — from a single Canadian licensed entity.

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Settlement pipeline · Live● Healthy
Originator Rails
01

API call initiates debit via EFT, Interac, ACH, SEPA, or partner bank wire.

AskPay Settlement Engine
FX conversion · AML screening · Ledger netting
Local Beneficiary
03

Funds land in the recipient bank via local RTP — UPI, PIX, FPS, SPEI, FAST.

40+
Corridors live
28
Settlement currencies
T+0
On major rails
99.99%
Engine uptime
CAD / USD T+0CAD / INR REAL-TIMEUSD / MXN T+0GBP / NGN T+1EUR / PHP REAL-TIMEUSD / BRL T+1CAD / GBP T+0SGD / HKD REAL-TIMEAUD / VND T+1CAD / USD T+0CAD / INR REAL-TIMEUSD / MXN T+0GBP / NGN T+1EUR / PHP REAL-TIMEUSD / BRL T+1CAD / GBP T+0SGD / HKD REAL-TIMEAUD / VND T+1
Why AskPay

Built for scale, regulated for trust.

We are the connectivity layer between global financial systems. One contract, one integration, one regulated counterparty — across forty payout corridors and twenty-eight settlement currencies.

Multi-currency treasury

Automated liquidity balancing across pooled accounts in 28 currencies, with intelligent corridor routing.

Compliance as a service

FINTRAC-aligned AML, sanctions, and KYB screening built into every settlement — no second vendor required.

Local-rail finality

We terminate funds on domestic real-time rails so your counterparties get paid in seconds, not days.

One regulated counterparty

Operate cross-border under AskPay Ltd's Canadian MSB license — fewer contracts, cleaner audit trail.

Settlement velocity
< 30s

Median end-to-end on real-time corridors

FX margin
0.35%

Mid-market reference on majors

Counterparties
60+

Tier-1 partner banks and PSPs

Reconciliation
T+0

Atomic ledger with webhook events

Use cases

One settlement layer. Many institutional workflows.

PSPs

Payout orchestration

Replace a patchwork of local providers with one API and one settlement schedule across 40+ corridors.

Marketplaces

Cross-border seller payouts

Pay global sellers in their local currency on local rails, with built-in tax and KYC capture.

Banks

Correspondent alternative

Offer your clients faster, cheaper cross-border value without expanding the nostro footprint.

Payroll

Global contractor payments

Schedule recurring multi-currency disbursements with full reconciliation and audit history.

Trade

Importer / exporter settlement

Settle invoices in local currency with documented FX and pre-approved counterparty screening.

Fintech

Embedded cross-border

White-label our settlement engine inside your product with co-branded compliance posture.

Developers

Developer-first connectivity

Initiate a cross-border settlement in a single API call. Idempotent, signed, and fully traceable across the ledger.

POST /v1/settlements
{
  "source_currency": "CAD",
  "target_currency": "INR",
  "amount": 250000.00,
  "rail": "askpay_express",
  "beneficiary": {
    "name": "Acme Exports Pvt Ltd",
    "account": "XXXX4421",
    "ifsc": "HDFC0001234"
  },
  "metadata": { "reference": "INV-0042" }
}
Read the API reference

Bring your cross-border volume onto regulated rails.

Talk to our team about onboarding, corridor coverage, and a sandbox API key.

Request accessReview compliance