TransferMate, a global leader in embedded B2B payments infrastructure-as-a-service (IaaS), has announced a strategic partnership with SAP, the world’s foremost provider of enterprise application software. This collaboration is set to transform how businesses manage cross-border payments, integrating TransferMate’s secure, scalable payments technology directly into SAP’s ecosystem.
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Through this partnership, TransferMate becomes a non-bank payments provider integrated with SAP Multi-Bank Connectivity, giving SAP Cloud ERP and SAP S/4HANA Cloud users the ability to execute international transactions seamlessly from within their existing systems. This means businesses no longer need to rely on external platforms for global payments, reducing complexity and improving efficiency.
The integration with SAP Multi-Bank Connectivity allows users to connect directly with payment providers, streamlining the way they send and receive funds globally. Now, with TransferMate’s full suite of solutionsincluding global payables, receivables, and stored funds—accessible within the SAP environment, organizations can move money internationally with ease, security, and full regulatory compliance.
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By being selected to facilitate international payments, TransferMate reinforces its reputation as a trusted, forward-thinking fintech partner. Its scalable and fully integrated B2B payments solution supports the digital transformation goals of enterprises worldwide, helping them meet the increasing demands for faster, more transparent, and cost-effective financial operations.
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This partnership represents a major milestone for TransferMate as it continues its mission to simplify global treasury operations. By combining SAP’s enterprise software excellence with TransferMate’s innovative payments network, the collaboration empowers businesses to achieve smoother financial workflows and enhanced global connectivity.
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