New Paymetric solution built on SAP Cloud Platform supports secure credit card and real-time global payment transactions
Paymetric, Inc., a global leader in secure electronic payment solutions for enterprises, announced today the release of its solution platform integrated with SAP S/4HANA® Cloud.
“With this new solution, businesses that use SAP technology are now able to use Paymetric for digital payments worldwide,” said Cameron Balash, Senior Vice President of Paymetric. “Built on the SAP Cloud Platform, our integration means SAP’s business solutions now support both credit card and real-time global payment transactions in a highly advanced, secure environment.”
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The SAP digital payments add-on enables the integration of Paymetric’s Cloud-based payments gateway for all relevant SAP S/4HANA Cloud solutions. Paymetric’s gateway can be configured for use on SAP S/4HANA Cloud, SAP® Commerce Cloud and others. The digital payments add-on is the single gateway from the SAP S/4HANA Cloud to the Payment Service Providers (PSPs) helping customers in several ways:
- Significantly reduces cost – Pre-built integration enhances speed to revenue, while improving efficiencies in both the sales and cash reconciliations processes.
- Mitigates risk – SAP S/4HANA is a proven solution backed and operated by SAP, which eliminates the number of third parties handling sensitive data in transactions.
- Provides flexibility – It simplifies activation and deactivation of PSPs with no lock-in effect, which improves annual price negotiations.
- Supports a future-oriented digital payment strategy – With Paymetric’s integration, future advancements and new payment methods will be easily added on at a customer’s request.
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