TransferMate, a global leader in embedded B2B payments infrastructure, has announced a new partnership with SAP to enhance cross-border payment capabilities for businesses using SAP solutions. Through this collaboration, TransferMate becomes an approved non-bank payments provider integrated with SAP Multi-Bank Connectivity.
The integration enables organisations operating on SAP Cloud ERP or SAP S/4HANA Cloud to send and manage international payments directly within their existing system. By removing the need for external providers or separate platforms, companies gain faster processing, improved transparency, and a more efficient end-to-end payment experience.
The SAP Multi-Bank Connectivity solution offers a more streamlined way for SAP Cloud ERP and SAP S/4HANA Cloud users to connect to payment providers in order to send and receive funds with seamless execution. Through this latest integration, businesses will now gain access to TransferMate’s full suite of solutions including global payables, receivables and stored funds, directly within the SAP solution, simplifying the movement of international funds, through a fully regulated and secure network.
Having been selected to facilitate international payments, TransferMate can deliver a scalable, fully integrated B2B payments solution that supports customers’ digital transformation strategies and meets their growing need for efficient, global financial operations.
This collaboration marks a significant milestone for TransferMate, reinforcing its commitment to simplifying payments and treasury operations.
