Cross-Border Payments Connector by TransferMate Is Certified by SAP as Built on SAP Business Technology Platform

SAP S/4HANA users can now upgrade their international payment capabilities

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TransferMate announced today their Cross-Border Payments Connector has been certified by SAP as built on SAP Business Technology Platform (SAP BTP), SAP’s platform for the Intelligent Enterprise. The Payments Connector links S/4HANA Cloud, Public Edition, with the PaymentsHub app built by TransferMate, delivering international payment capabilities within a complete procure-to-pay process.

“S/4HANA Cloud is a platform that is built for doing business globally, and this integration with TransferMate will make paying internationally for customers a much smarter and seamless experience” said Sinead Fitzmaurice, CEO of TransferMate. “Their payment capabilities will now be on a global scale, paying out in multiple currencies and countries, all while aligning their AP process within a single ecosystem.”

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The Cross-Border Payment Connector is now available in the SAP Store, and allows users expand and enhance their international payment capabilities.

> Make payments in 140+ currencies, utilizing local payment rails

> Automate AP workflows, reducing administration time spent making and managing payments

> Choose from multiple payment methods, such as Instant, ACH, Same Day ACH, Domestic Wire and International Wire

> Automate payment file creation, removing the need to upload and download banking data, and streamline the payment approval process
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All this results in a more complete procure-to-pay process and allowing S/4HANA Cloud clients to implement that process on an international scale.  

SAP Integration and Certification Center (SAP ICC) has certified the product Cross-Border Payments Connector is built on SAP BTP, integrated with SAP S/4HANA Cloud Public Edition using SAP Integration Suite. SAP BTP helps companies connect and integrate their business processes and data with SAP and third-party applications to make well-informed decisions and meet their evolving needs.

To learn more about how PaymentsHubs connects to your S/4HANA platform, find us here or on the SAP Store.

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