TransferMate, an Ireland-based provider of embedded B2B payments infrastructure-as-a-service (IaaS), has partnered with Germany’s SAP to offer cross-border payment services to businesses using SAP solutions.

Through the partnership, TransferMate acts as a non-bank payments provider integrated with SAP Multi-Bank Connectivity, enabling businesses to process international payments directly within their SAP Cloud ERP or SAP S/4HANA Cloud environments without relying on external platforms.

SAP Multi-Bank Connectivity allows SAP Cloud ERP and SAP S/4HANA Cloud users to link with payment providers to send and receive funds securely.

The integration gives businesses access to TransferMate’s services for global payables, receivables, and stored funds within the SAP environment, supporting the efficient movement of international funds through a regulated network.

Selected to facilitate international payments, TransferMate provides a scalable, integrated B2B payments solution that supports companies’ digital operations and financial management needs.

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