Zycus Partners with TransferMate to Launch Zycus Pay, an Embedded B2B Payment Solution
On September 24, 2025, Zycus announced the launch of Zycus Pay, powered by TransferMate, embedding global payment infrastructure into its Source-to-Pay platform. Supporting multi-currency and multi-method payments, it aims to streamline corporate finance and procurement processes.
September 24, 2025— Zycus, a pioneer in Agentic AI-driven Source-to-Pay (S2P) solutions, today announced the launch of a new payments offering, Zycus Pay. Powered by TransferMate , a leading global provider of embedded B2B payment infrastructure-as-a-service (IaaS), this solution enables customers to execute and manage B2B payments directly within the Zycus platform.
Zycus Pay supports payments to suppliers in over 140 currencies across more than 200 countries and territories, with payment methods including instant payments, ACH, same-day ACH, domestic wire, and international wire. By integrating TransferMate's global payment infrastructure directly into the platform, businesses can eliminate manual banking operations, reduce errors, and accelerate the entire Source-to-Pay process.
"With Zycus Pay, customers can now process payments directly within the Zycus platform, delivering a fully automated, seamless B2B payment execution and management experience globally," said Bikash Mohanty , Vice President of Solution Consulting and Product Strategy at Zycus. "Our partnership with TransferMate enables our global customers to use multiple payment methods with worldwide reach on a fully compliant and secure platform."
TransferMate holds one of the largest fintech payment infrastructures globally, with 98 licenses across 92 jurisdictions. Through its globally regulated infrastructure, the fintech company is revolutionizing how businesses operate by providing enterprises and software providers with a full suite of capabilities—global payments, collections, and fund storage—through easy-to-use software and APIs.
"At the heart of Zycus Pay is enabling procurement and finance teams to manage payments frictionlessly," said Gary Conroy , CEO of TransferMate. "Combining Zycus's industry-leading S2P platform with our global infrastructure means customers can reduce manual effort, lower error rates, and achieve more savings—all through a single embedded solution."
Zycus and TransferMate are showcasing the solution at Zycus Horizon 2025, taking place from September 22-24, 2025, in California, where Zycus Pay is being unveiled to a global audience.
About Zycus
Zycus , recognized as a leader in procurement technology by Gartner and Forrester, empowers teams to unlock deep value through its comprehensive Source-to-Pay (S2P) suite. At the core of its S2P suite is the Merlin AI Agentic Platform, which orchestrates intelligent AI agents to deliver streamlined, efficient, and compliant processes.
- The Merlin Intake Agent provides business users with superior ease of use, driving higher adoption and significantly reducing maverick spend.
- For procurement teams, the Merlin Autonomous Negotiation Agent autonomously handles tail-end spend to capture additional savings, while the Merlin Contract Agent helps draft compliant contracts and mitigate risk through proactive monitoring.
- The Merlin AP Agent further drives efficiency by automating invoice processing with exceptional speed and accuracy.
With the flexibility and autonomy of Merlin AI agents, teams can seamlessly guide workflows or delegate routine tasks for autonomous execution. Unlock deep value and achieve procurement excellence with Zycus's AI-driven S2P solutions.
About TransferMate
TransferMate , a leading provider of embedded B2B payment technology, helps companies, software providers, and financial institutions streamline their global collections, payments, and local account needs. TransferMate holds the largest network of e-money/payment licenses of any fintech company, regulated in 92 jurisdictions with 98 licenses.