Eliminate manual processes and avail of same-day payables & receivables, globally.
By connecting SAP to TransferMate through Multi-Bank Connectivity, companies can initiate global payments directly from SAP through a centralized payment hub.
Faster settlement allows for holding cash longer and earning interest on retained balances, enhancing financial flexibility and reducing overdraft usage for payments.
Removes the need for multiple host-to-host bank connections; all entities connect to SAP-MBC, natively integrated at no additional cost.
Standardized files are sent back through SAP-MBC, enabling automatic posting to SAP accounting documents, eliminating manual reconciliation work.
Reduces payment timelines from 2-7 days to same-day or next-day across most corridors.
By routing payments through SAP-MBC and TransferMate, customers avoid the need for constant integration maintenance. Reducing operational and IT overheads.
By automating processes and reducing manual intervention, customers significantly lower human error and operational risks, leading to more reliable and scalable payments.
We’ve built the world’s largest licensed fintech infrastructure, which you can access instantly when you activate TransferMate as a Member Bank with SAP Multi-Bank Connectivity.
Countries and Territories
Currencies
licenses
Expand global reach instantly and seamlessly make payments without leaving your SAP tech stack.
TransferMate is embedded directly within SAP Multi-Bank Connectivity for seamless payment execution across all SAP software packages.
We collect data through secureand encrypted methods. Data in transit is encrypted using SSL certificates (TLS 1.2).
Dual security layers aligned to ISO 27001, ISO 22301, and SOC1/SOC2 audits as practiced in SAP-MBC operations.
PAIN.001, PAIN.002, CAMT.052, and CAMT.053 files are used for payment messages and bank statement processing to SAP specifications.
We power collections and payments for software platforms across the world.
Integrated Partners
Yearly Transactions
Clients paying via TransferMate each year
Funds processed annually
Want to learn more about the solution?
Download our factsheet and discover how we work within the SAP ecosystem.
