Zycus, the pioneer in Agentic AI-driven Source-to-Pay (S2P) solutions, has launched Zycus Pay, a payments solution that has been developed in partnership with TransferMate, a B2B payments infrastructure as a service (IaaS) market leader. With this new app, organizations are now able to settle and make B2P payments within the Zycus platform itself, entirely eliminating the requirement for stand-alone banking procedures.
Firms are able to pay suppliers in over 140 currencies across more than 200 countries and territories through Zycus Pay. The supported payment types are Instant, ACH, Same-Day ACH, Domestic Wire, and International Wire. By integrating TransferMate’s infrastructure into the platform, businesses get the capability to reduce manual mistakes, speed up their Source-to-Pay process, and simplify financial transactions.
“With Zycus Pay, customers can now process payments directly within the Zycus platform, making it a fully automated and seamless experience to execute and manage B2B payments globally.” said Bikash Mohanty, VP – Solution Consulting & Product Strategy. “Partnering with TransferMate has enabled our global customer base access to multiple payment methods, worldwide, all within a fully regulated and secure platform.”
TransferMate operates one of the world’s most extensive fintech payment infrastructures, holding 98 licenses across 92 jurisdictions. Its platform gives enterprises and software providers access to services such as global payments, receivables, and stored funds through easy-to-use software and APIs. “Zycus Pay is all about giving procurement and finance teams the ability to manage payments without friction,” noted Gary Conroy, CEO, TransferMate. “The combination of Zycus’ industry-leading S2P platform with our global infrastructure means less manual work, fewer errors, and more savings for clients – all delivered through a single embedded solution.”