TransferMate Blogs | Thought Leadership In The Payments Industry

FEATURED article

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.

Posted by

News Team

November 27, 2025

Company News

RECENT BLOGS

Education API Dashboard Updates: User Management, and Mobile Responsiveness

Posted by

Product Team

November 27, 2025

Product Updates

Devyzz Sport Partners with TransferMate to Deliver Tailored Financial Services for Elite Athletes

Posted by

News Team

November 25, 2025

Company News

Zone & Co Launches First ERP-Native Global Payments Solution, Powered by TransferMate, Unlocking True End-to-End AP Automation

Posted by

News Team

November 20, 2025

Company News

Payables & Receivables

Payroll

Product Updates

Software Providers

TransferMate now a member of Amazon’s Payment Service Provider (PSP) program

News Team

1/29/2025

Company News

TransferMate Introduces Auto-Sweeping Rules for Global Accounts

Our latest feature update introduces Auto-Sweeping Rules to Global Accounts, a powerful tool designed to provide greater flexibility, control, and efficiency in managing your funds.

Insights Team

1/28/2025

Product Updates

Moving Money Globally: How Travel Companies Can Manage Multiple Currencies

Managing this global flow of currencies can be a challenge, and affects every international business. So, what are the challenges facing travel companies managing multiple currencies, and how can they be tackled head-on?

Insights Team

1/28/2025

Payables & Receivables

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

News Team

1/21/2025

Company News

How do International Collections Work for E-Commerce?

Let’s break down the challenges businesses face, how international collections work, and what technologies fintechs use to transform the e-commerce payment process.

Lucy Cheng

1/20/2025

E-Commerce

How Fintechs are Expanding the Global Footprint of Banks

Expanding globally poses significant challenges for traditional banks. Fintechs have revolutionized banking with cutting-edge technology, offering infrastructure for banks to grow efficiently.

Ciaran Busby

12/5/2024

Banks & FIs

Opening a Foreign Bank Account: The Modern Alternative

Discover the modern alternatives to opening a foreign bank account and reduce the complexities, time, and cost

Insights Team

11/14/2024

Global Accounts

TransferMate Launches New API for Seamless Onboarding Process

TransferMate has released a major update to its onboarding process via a new API update. The new streamlined solution automates client onboarding requirements, significantly improving functionality and user experience (UX). Thanks to the update, clients and partners across various jurisdictions can expect smoother experiences for registration and verification.

News Team

10/25/2024

Company News

Medical University of Silesia Leverages TransferMate’s Partnership with Q24 Software

TransferMate, the world’s largest, non-bank, licensed payments infrastructure, has partnered with Q24.software to power its payment engine.

News Team

10/23/2024

Company News

Product Update: API Powered Credit Card Bulk Payments for Educational Agents

Our API solution powers this new update, allowing TransferMate integrated platforms to collect credit card payments in bulk from agents.

News Team

10/3/2024

Company News

Virtual Accounts and Virtual Wallets: A Complete Guide

Explore how Virtual Accounts and Virtual Wallets are used in business-to-business transactions and how they can change global money movement.

Insights Team

10/3/2024

Global Accounts

How Auto-Convert Works on the TransferMate Platform

TransferMate’s Auto-Convert solution converts currencies at the source of payment before arriving at the destination bank account. This means that the destination bank won’t apply high-cost international wire transfers and FX exchange fees—it simply treats the payment as domestic.

Insights Team

9/26/2024

Company News