Make faster vendor payments

Extend days payables
using commercial cards

Automate supply chain payments

Configure workflows for higher control

Improve cashflows

Discount vendor payments for better margins

According to RedSeer estimates, PayMate is a leading B2B payments and services provider in India that digitizes, automates and streamlines B2B payments in supply chains; as of Dec 2021.

Our Solutions

Payments Automation

Pay vendors and taxes before their due date using commercial credit cards

Procure-to-Pay

Integrations with existing back-end systems that support file exchange for payment processing and reporting using commercial credit cards

Invoice Discounting

An ‘Early Payment Program’ that helps large enterprises to deploy their surplus capital towards early vendor payments in exchange for a discount against each invoice.

Credit Engine

Automated evaluation and analysis of the payments processed through PayMate used to offer working capital credit.

Global B2B Payments Simplified

Total Customers & Users⁽¹⁾

1,864

Total Processing Volumes⁽²⁾

Total GST Payments⁽³⁾

1,252

As of March 2023

PayMate was the largest B2B payments player and one of the fastest-growing providers of on-line, card-based payment-processing services in India, in terms of TPV processed in the nine months ended December 31, 2021 (₹464,766.45 million processed between April to December 2021) using commercial credit cards.

Calculate Your Savings

Set the number of invoices, payments and individuals hired by your company.

Supplier payouts

10 Lakhs

50 Crores

10 Crores
Early payment days

0 day

90 day(s)

20 days

Risk-free return (yearly)

0 %

8 %

1%
Discount offered

0 %

10 %

1%

Result

Success Stories

"In today’s connected world, business transactions need to be as seamless and integrated as possible. The PayMate platform provides added convenience for our B2B customers to automate their business payments, providing a seamless experience. As the Indian market transitions into a digital economy, solutions such as these will play a key role in helping businesses embrace transition and embrace the world of digital commerce"

Chavi Jafa Vice President, Head of Business Solutions, Asia Pacific

“In addition to our vendor payments, we have now started making GST payment via PayMate’s automated system and API-based GST payment feature which comes with Bank issued VISA commercial card enablement. It has been a seamless experience for our team to execute pan-India GST transactions in a hassle-free and timely manner.”

Pawan Agrawal Ex-CFO, Marico Limited

"The PayMate platform has helped us manage our vendor payment. Through the platform’s approval workflow which involves a maker-checker concept, it has become easier for us to check & approve payments. Using the platform has helped us to manage our liquidity whenever there is a business opportunity."

Mitesh V. Shah GM Finance

"We at FREIGHT TIGER, build a technology platform for the logistics industry. Through PayMate, we have managed to automate a lot of our internal payments and transactions to a great extent. We like working with the PayMate team. They have been super helpful and responsive to our requests."

Swapnil Shah CEO

“We have been using the PayMate platform since 2013 and it helped us to digitize and automate our payment collections from our corporate customers. The platform enabled us to reduce our efforts to a great extent as we can send payment links to all our customers in bulk instead of doing it one at a time. The team has also been accessible and supportive at all times to accommodate custom changes on the platform.”

Mr. Partha Sarathi IBM Key Account Manager

“A core element of Citi's strategy is providing our customers with innovative and efficient global payment options - and corporate clients are progressively exploring payment facilitator/PSP models to streamline their supplier payments within the Business-to-Business (B2B) domain. The payment facilitator model enables corporates to optimize their working capital benefits and strengthen supplier relationships. Citi is at the forefront of working with payment facilitators to open up new payment flows to Commercial Cards.”

Vivek Vaidyanathan Treasury & Trade Solutions Head Citi UAE

"We are pleased to partner with PayMate which has enabled us with their B2B payments solution through which all our suppliers who don’t have the provisions to accept card payments can be paid directly into their bank accounts. Their solution helps us use credit, manage our cash flow better and ensure complete automation to avoid time-consuming processes.”

Suchit Sehgal Managing Director Logistic Plus

"Prior to PayMate, our commercial credit cards were restricted to T & E expenses. Now, we are able to make optimal utilization of the credit limit assigned to us for making supplier payments. All our suppliers are happy with the timely and sometimes even early payments being made to them. Additionally, by utilizing the funds assigned on the card, we have eased the management of our cashflows.”