Cross-Border Payments platforms enable businesses to send, receive, and manage international money transfers and multi-currency transactions with reduced friction and cost compared to traditional banking channels. Core capabilities include multi-currency account holdings, local payment rail access (SEPA, Faster Payments, PIX), competitive FX pricing and hedging, international vendor and contractor payables, multi-currency receivables collection, compliance infrastructure (KYC, AML, sanctions screening), and integration with ERP and accounting systems. The category spans business-focused FX and payments platforms (Wise Business, OFX, Convera, Corpay Cross-Border) and embedded treasury platforms (Airwallex, Payoneer) that combine payments with multi-currency accounts.