TransferMate Blogs | Thought Leadership In The Payments Industry

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Transition from Bulgarian Lev (BGN) to Euro (€): Key Updates for TransferMate Users

Bulgaria will officially adopt the euro as its national currency on January 1, 2026. As part of this transition, TransferMate is updating our services to ensure full compliance and a smooth experience for all clients operating in or sending payments to Bulgaria. TransferMate will cease trading of the Bulgarian Lev on December 11, 2025.

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News Team

November 27, 2025

Company News

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Why do so many businesses ignore receivables?

Regardless of the direction a payment takes, it remains a payment. This ethos may be correct in many respects, but is the underlying thought detrimental to your business?

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TransferMate Supports UAE Wages Protection System (WPS)

We are pleased to announce that TransferMate can now process Wages Protection System (WPS) payments for our customers in the United Arab Emirates. This new capability provides payroll teams with a more streamlined and compliant method for making salary payments in the region.

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4/22/2025

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TransferMate Appoints Gary Conroy as New CEO, Succeeding Sinéad Fitzmaurice

Gary Conroy succeeds Sinéad Fitzmaurice, who will step down from her role as CEO this Summer, while remaining involved with the business.

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A Comprehensive Guide to Payment Methods: ACH, Instant, Wire Transfers, and Beyond

As the global economy becomes increasingly interconnected, understanding various payment methods and their benefits is essential. So, let’s examine these methods to highlight their advantages and disadvantages.

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Genius Visionary Inc. and TransferMate in Strategic Partnership to Transform Global Business Payments

The partnership simplifies and streamlines cross-border payments and fosters global economic efficiency for clients.

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4/8/2025

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Introducing TransferMate’s Account Verification Service

Learn more about TransferMate's new Account Verification Service, a powerful add-on designed to enhance payment security, improve onboarding efficiency, and give our clients greater confidence in every transaction.

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3/25/2025

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RTGS.global and TransferMate announce strategic partnership to streamline cross-border B2B payments

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3/24/2025

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Boost Payment Solutions and TransferMate announce partnership

Boost Payment Solutions partners with TransferMate to enhance cross-border payment capabilities

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3/12/2025

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The Global Payroll Payments Report 2025: Key Insights and Business Trends

We met with Nicholas Joy, an expert in global payroll payments, to discuss findings from the Global Payroll Payments Report and explore how businesses can simplify their payroll operations, reduce costs, and improve compliance in an increasingly complex global landscape.

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Top 3 Challenges from the Global Payroll Payments Report – and How to Tackle Them

Explore the Global Payroll Payment Report's top three insights and learn how businesses can streamline payments for a more seamless and compliant experience.

Nicholas Joy

2/20/2025

Payroll