TransferMate, a cross-border B2B payments technology solution, announced on Thursday it has extended its integration with cloud accounting company AccountsIQ to offer international payments for AccountsIQ clients.
“While AccountsIQ customers can already benefit from the preferential exchange rates and lower fees offered by TransferMate, the advent of TransferMate’s leading API technology means that international payments can now be generated directly from within the AccountsIQ platform.”
While sharing more details about the integration, Gary Conroy, Chief Product Officer at TransferMate, stated:
“With a growing global customer base, more AccountsIQ users are calling out for a simpler, faster and more cost-effective foreign currency payments solution. By integrating TransferMate’s capabilities with AccountsIQ software, we can now streamline the process of making FX payments from within the AccountsIQ platform. A key driver of TransferMate’s growth is deep strategic partnerships with accounting software providers, and we are really excited to be working with AccountsIQ to bring this product to their customers.”
Darren Cran, Chief Operating Officer at AccountsIQ, added:
“Our philosophy at AccountsIQ is to help ease the burden of processing transactions for finance teams while making an impact on their bottom line. We’re delighted that this partnership will help to save our clients both time and money by simplifying processes and reducing fees. By integrating TransferMate’s leading technology, we are fulfilling our mission to provide a comprehensive and innovative accounting and business intelligence platform.”
Founded in 2008, TransferMate is a global B2B payments technology firm, enabling companies to send and receive cross-border payments. The company has built one of the largest portfolios of payment licences worldwide, including in 51 US states and territories, to support trading in 162 countries and 134 currencies.