PayMate

PayMate is a prominent player in the B2B payments sector, catering to enterprises and small to medium-sized enterprises (SMEs) within supply chains. The platform streamlines the digital payment process, offering features such as Procure to Pay automation, credit evaluation, and a discount marketplace, all designed to enhance cash flow management and ensure comprehensive end-to-end reconciliation. By collaborating with major commercial card-issuing banks, PayMate facilitates credit for both payables and receivables, transitioning traditional payment methods like cash and cheques to card-based solutions. The platform is cloud-based and accessible on various devices, allowing for easy integration with existing accounts and ERP systems. PayMate currently operates in South Asia, particularly India, and the UAE, with plans for further expansion across Central and Eastern Europe, the Middle East, and Africa (CEMEA).