London, England, September 18th, 2026, FinanceWire
Cardaq Limited has announced an expanded payment infrastructure approach designed to help businesses manage accounts, foreign exchange, cards, and cross-border transfers through a connected, API-enabled environment.
As businesses increasingly operate across multiple markets, managing different currencies and payment methods can create operational complexity. Cardaq is positioning its payment infrastructure to connect multiple financial services within a single environment, supporting businesses that need to receive, hold, convert, and transfer funds internationally.
Connecting Multiple Payment Rails
Cardaq’s payment infrastructure brings together payment accounts, IBANs, card programs, foreign exchange, and multiple payment rails through API connectivity. Its API supports SEPA and SEPA Instant payments, Faster Payments and CHAPS in the UK, as well as SWIFT payments for international transfers.
The connected approach is designed for businesses that operate across different markets and therefore need access to more than one payment method. Rather than relying on separate systems for different types of transactions, businesses can use Cardaq’s infrastructure to manage multiple payment requirements within a connected payment environment.
Accounts and IBANs as Core Infrastructure
As part of its payment services, Cardaq provides payment accounts and IBANs that enable businesses to send and receive bank transfers within their payment environment.
For internationally operating companies, accounts and IBANs can form an important part of the underlying infrastructure used to manage incoming funds, initiate payments, maintain balances, and connect additional financial services.
Through API connectivity, account functionality can also become integrated with automated business processes, allowing technology teams to incorporate payment operations into their existing systems.
Supporting Faster Payment Processes
Cardaq has also announced support for both standard SEPA and SEPA Instant payment initiation through its API.
The availability of different payment options can support businesses managing recurring and automated transactions, including payroll, marketplace payouts, supplier payments, and customer refunds.
By making payment initiation available programmatically, businesses can build payment workflows around their operational requirements while selecting the appropriate payment rail for each transaction.
Integrating Foreign Exchange Into Payment Infrastructure
Foreign exchange is another component of Cardaq’s connected payment infrastructure. Its API supports FX pairs, currency quotations, and currency exchange orders.
Integrating FX functionality with payment infrastructure can help businesses manage transactions involving multiple currencies within a more connected workflow. For companies operating internationally, this approach can reduce the need to treat currency conversion as a separate process from the underlying payment.
Cardaq’s infrastructure is designed to allow businesses to incorporate FX into their payment processes and automate aspects of cross-border transaction management.
Supporting Global Digital Commerce
International payment requirements are no longer limited to large multinational companies. Software businesses, online marketplaces, digital platforms, and e-commerce merchants can all operate across borders from an early stage of growth.
These businesses may need to receive customer payments, hold different currencies, pay international suppliers, distribute funds to marketplace sellers, or compensate contractors in other countries.
Cardaq’s payment infrastructure is designed around these increasingly international operating models, providing access to accounts, payment rails, cards, and FX capabilities through API-enabled services.
Combining Payment Technology With Compliance
Cross-border payments also require regulatory processes alongside the technology used to move funds.
Cardaq Limited operates as an FCA-authorised Electronic Money Institution, providing its payment services within the applicable UK payment services regulatory framework and relevant anti-money laundering requirements.
Cardaq’s relationship with Kani Payments has focused on automating elements of its payment services, including regulatory reporting, reimbursement, and transaction analysis. This reflects the need for payment infrastructure to address both transaction processing and the operational requirements surrounding regulated financial activity.
Expanding Cross-Border Payment Capabilities
Cardaq is also developing its broader payments offering, including end-to-end acquiring, issuing, and payment services, alongside scalable Banking-as-a-Service (BaaS) and Software-as-a-Service (SaaS) platforms intended to support international expansion into additional regulated markets.
Recent leadership developments at Cardaq include the appointment of Noyan Nihat to the company’s board. Nihat is also involved with The Payments Association, where he serves as Deputy Chair of the Advisory Board for Cross-border and Inclusion work.
Cardaq’s development comes as businesses and financial technology providers continue to build infrastructure capable of supporting increasingly international payment requirements.
Building a More Connected Payment Architecture
Cardaq’s latest infrastructure approach reflects a broader shift toward connected financial systems in which accounts, cards, wallets, transfers, and foreign exchange can operate through integrated technology.
By providing API-enabled access to multiple payment capabilities, Cardaq aims to give businesses greater flexibility in how they hold, move, convert, and spend money across markets.
As international commerce continues to expand, programmable payment infrastructure is becoming increasingly relevant to businesses that need to operate across currencies and jurisdictions.
About Cardaq Limited
Cardaq Limited is an FCA-authorised Electronic Money Institution providing payment accounts, IBANs, card programs, foreign exchange, and cross-border payment solutions through API-enabled infrastructure.