TransferMate API has the ability to securely embed same-day, cross-border payments in 162 countries and 134 currencies directly into treasury, accounts payable or ERP systems and can handle thousands of payments at once, reducing administrative workload and saving businesses time and money.
“This is a call to action for technology platforms to seize the opportunity and embed payments into their systems. By implementing the TransferMate API, our partners provide a seamless payment experience to their customers, get an incremental revenue stream themselves, and TransferMate does the heavy lifting as the regulated entity.”
said Gary Conroy, Transfermates Chief Product Officer at the Money2020 Europe in Amsterdam earlier this year and continued
“TransferMate transforms traditional cross-border payments by utilising their own global network of local bank accounts and worldwide license footprint. TransferMate has to date provided the service via online and white-label solutions, and now we are delighted to announce that platforms can access TransferMate’s award-winning payments solution via the TransferMate API.”
TransferMate, one of the world’s leading cross-border B2B payments providers, launched its TransferMate API in 2019. This allows software partners and business customers access to its globally regulated payments technology through direct integration.
The TransferMate API offers a full suite of secure developer tools and webhook functionality, all fully documented on its developer portal. Key API calls include token-based authentication requests, setting up bank accounts, adding beneficiaries, getting an exchange rate, booking a payment, and getting status updates on payment progress.
The system allows businesses to integrate payments technology with their current systems, enabling them to focus on what they do best while partnering with industry-leading international payments firm to enhance their current customer offering.