Zycus Pay: A Seamless B2B Payment Solution with TransferMate Integration
In a significant move to revolutionize B2B transactions, Zycus, a recognized leader in Agentic AI-powered Source-to-Pay (S2P) solutions, has officially launched its latest offering, Zycus Pay. This innovative payment solution, powered by TransferMate, aims to streamline and enhance the payment processes for businesses across the globe.
The introduction of Zycus Pay is a game changer in the realm of embedded B2B payments. By partnering with TransferMate, a leading provider of embedded payment infrastructure, Zycus can now offer its clients the capability to execute and manage B2B payments directly within its platform, eliminating the need for manual banking steps. Notably, Zycus Pay supports transactions in over 140 currencies, facilitating payments across more than 200 countries and territories.
This integrated solution breaks down traditional barriers associated with B2B payments by offering multiple payment methods, including Instant, ACH, Same-Day ACH, Domestic Wire, and International Wire options. The integration of TransferMate's sophisticated global payments infrastructure not only reduces errors but also accelerates the entire Source-to-Pay cycle, allowing businesses to operate more efficiently.
"With Zycus Pay, our clients can now process their payments seamlessly within the Zycus platform. This fully automated experience enables them to manage B2B transactions globally without friction," states Bikash Mohanty, VP of Solution Consulting and Product Strategy at Zycus. This highlights Zycus's unwavering commitment to providing its clients with state-of-the-art solutions that enhance operational effectiveness.
Gary Conroy, CEO of TransferMate, emphasizes the efficacy of their partnership, stating, "The combination of Zycus’s market-leading S2P platform with our global infrastructure means less manual work, fewer errors, and more savings for clients. All this is delivered through a single embedded solution, making it immensely beneficial for procurement and finance teams."
The excitement around this launch was palpable at the recent Zycus Horizon 2025 event held in California from September 22 to 24, where Zycus Pay was unveiled to a global audience. As businesses seek efficient methods for handling B2B transactions, Zycus Pay aims to meet this demand with its cutting-edge technology and unparalleled support.
Zycus has long been celebrated for its innovative approach to procurement technology. Recognized by industry giants like Gartner and Forrester, the company empowers organizations to derive maximum value from their procurement processes with its comprehensive S2P solutions. The central component of its S2P framework is the Merlin AI Agentic Platform, which orchestrates intelligent AI agents designed to simplify and enhance compliance in procurement operations.
Some standout features include the Merlin Intake Agent, which ensures ease of use for business users and improves adoption rates while minimizing non-compliant spending. Furthermore, the Merlin Autonomous Negotiation Agent effectively handles tail spend autonomously, delivering significant savings while the Merlin Contract Agent plays a crucial role in drafting compliant contracts and actively monitoring risks. The efficiency of these processes is further complemented by the Merlin AP Agent, which automates invoice processing with remarkable speed and accuracy.
TransferMate, as a pioneering provider of embedded B2B payments technology, is at the forefront of transforming transactional operations for corporations, software providers, and financial institutions alike. Owning the world's largest network of E-Money/payment licenses, regulated in 92 jurisdictions with 98 licenses, TransferMate has established itself as a formidable player in the fintech sector.
As Zycus and TransferMate continue to innovate the way businesses manage B2B payments, Zycus Pay stands as a testament to their commitment to enhancing financial operations while ensuring security and compliance. As they forge ahead, it’s clear that Zycus and TransferMate are setting new standards in the B2B payment landscape.
Understanding Zycus Pay
The introduction of Zycus Pay is a game changer in the realm of embedded B2B payments. By partnering with TransferMate, a leading provider of embedded payment infrastructure, Zycus can now offer its clients the capability to execute and manage B2B payments directly within its platform, eliminating the need for manual banking steps. Notably, Zycus Pay supports transactions in over 140 currencies, facilitating payments across more than 200 countries and territories.
This integrated solution breaks down traditional barriers associated with B2B payments by offering multiple payment methods, including Instant, ACH, Same-Day ACH, Domestic Wire, and International Wire options. The integration of TransferMate's sophisticated global payments infrastructure not only reduces errors but also accelerates the entire Source-to-Pay cycle, allowing businesses to operate more efficiently.
Quotes from Zycus and TransferMate Leaders
"With Zycus Pay, our clients can now process their payments seamlessly within the Zycus platform. This fully automated experience enables them to manage B2B transactions globally without friction," states Bikash Mohanty, VP of Solution Consulting and Product Strategy at Zycus. This highlights Zycus's unwavering commitment to providing its clients with state-of-the-art solutions that enhance operational effectiveness.
Gary Conroy, CEO of TransferMate, emphasizes the efficacy of their partnership, stating, "The combination of Zycus’s market-leading S2P platform with our global infrastructure means less manual work, fewer errors, and more savings for clients. All this is delivered through a single embedded solution, making it immensely beneficial for procurement and finance teams."
A Showcase at Zycus Horizon 2025
The excitement around this launch was palpable at the recent Zycus Horizon 2025 event held in California from September 22 to 24, where Zycus Pay was unveiled to a global audience. As businesses seek efficient methods for handling B2B transactions, Zycus Pay aims to meet this demand with its cutting-edge technology and unparalleled support.
About Zycus
Zycus has long been celebrated for its innovative approach to procurement technology. Recognized by industry giants like Gartner and Forrester, the company empowers organizations to derive maximum value from their procurement processes with its comprehensive S2P solutions. The central component of its S2P framework is the Merlin AI Agentic Platform, which orchestrates intelligent AI agents designed to simplify and enhance compliance in procurement operations.
Some standout features include the Merlin Intake Agent, which ensures ease of use for business users and improves adoption rates while minimizing non-compliant spending. Furthermore, the Merlin Autonomous Negotiation Agent effectively handles tail spend autonomously, delivering significant savings while the Merlin Contract Agent plays a crucial role in drafting compliant contracts and actively monitoring risks. The efficiency of these processes is further complemented by the Merlin AP Agent, which automates invoice processing with remarkable speed and accuracy.
About TransferMate
TransferMate, as a pioneering provider of embedded B2B payments technology, is at the forefront of transforming transactional operations for corporations, software providers, and financial institutions alike. Owning the world's largest network of E-Money/payment licenses, regulated in 92 jurisdictions with 98 licenses, TransferMate has established itself as a formidable player in the fintech sector.
As Zycus and TransferMate continue to innovate the way businesses manage B2B payments, Zycus Pay stands as a testament to their commitment to enhancing financial operations while ensuring security and compliance. As they forge ahead, it’s clear that Zycus and TransferMate are setting new standards in the B2B payment landscape.
Topics Financial Services & Investing）
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