TransferMate Global Payments
51 Case Studies
A TransferMate Global Payments Case Study
CloudPay, a global payroll, funding, payments, and pay-on-demand platform, needed an additional payments engine to expand capacity for growing demand while reducing manual work in its payments process. To support this, CloudPay partnered with TransferMate Global Payments and used its global payments infrastructure and API integration.
With TransferMate Global Payments, CloudPay automated payroll payment execution and reconciliation, gained real-time visibility into fund flows, and expanded its reach across more countries and currencies through local bank accounts and Global Accounts. The result was faster, more transparent, and more accurate payments, with CloudPay estimating savings of at least 20 minutes per payment and more than 6,000 hours saved per month across around 20,000 payments.
Achille Pagliaro
Director, Treasury Operations