Settlement & FX
What is Payment corridor?
A payment corridor is a specific country-to-country or currency-to-currency route for moving money — for example USD→INR or GBP→EUR. Each corridor has its own rails, settlement times, costs, compliance requirements, and success rates, which is why payment performance is measured per corridor rather than in aggregate.
Because the pay-in rail, FX step, pay-out rail, and regulatory regime differ for every origin/destination pair, a provider that is fast and cheap on one corridor can be slow and expensive on another. Orchestration platforms route each corridor over the best available rail.