SAP launches SAP Pay for payments inside Cloud ERP
SAP introduced SAP Pay, an out-of-the-box B2B payments service embedded in SAP Cloud ERP that executes and auto-reconciles payments once an invoice is approved. Run by wholly owned subsidiary Tereina, it supports ACH, EFT, wire, check, real-time payments and USDC via Circle across 40+ currencies, and is generally available in the US and UK on a transaction-block subscription.
- Payments and reconciliation run inside SAP Cloud ERP without external gateways
- USDC settlement via Circle and intelligent routing across 40+ currencies
- Subscription in blocks of 1,200 transactions per year, price on request
- Available in the US and UK; data centers in US East and Frankfurt
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