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Today, cross-border payments are a hassle for many small and mid-sized enterprises with international business partners. Expensive - up to 50 USD per transaction, slow - up to 7 days to transmit the money, and non-transparent - you never know the status of the transaction.

These major challenges can get solved with Digital Money as a means of settlement and Blockchain as the underlying technology. Rather than using traditional payment rails, business partners agree on settling a cross-border transaction with USDC or EUROC, tokenized versions of the USD or Euro manifested in a blockchain as issued by Circle. These so called stablecoins are pegged 1:1 to the underlying FIAT currency and collateralized against cash holdings or short-term government securities thus avoiding any fluctuations. Technically, each business partner requires a wallet which in the blockchain world is the equivalent of a bank account. These wallets can be held in self-custody, enabling cross-border payments without intermediaries. To pay an invoice, the buyer just opens the wallet software, creates a transaction containing the seller’s wallet, signs it with the private key and sends it to the blockchain for validation and execution. Minutes later, upon verification the money is received at the seller’s wallet (technically a USDC or EUROC coin) and is at the seller’s disposal.

Starting today, you can get a first impression on this new approach for cross-border payments as SAP is launching a pre-view of the SAP Digital Currency Hub that showcases how easy cross-border payments with Digital Money will become in the future. Simply register for the Test Drive and experience the future of cross-border payments today.

Important update on 01.09.2023

Thank you for your participation and interest in experiencing the future of cross-border payments! The registration phase for test drives is closed. We continue now with a pilot phase with selected partners and customers. In case you are interested please feel free to contact us by email:

As part of the Test Drive, you will receive test USDC as play money to pay a sample invoice that you will also receive during onboarding. Being for experimental purposes only, the Test Drive does not operate on the main Blockchain but on a test network and does not involve true coins. Consequently, you cannot and must not make any real-world payments when using the Test Drive but just experience how fast, affordable, and reliable cross-border payments will look like.

Have a look at this short video to get an introduction to the new solution.

While it is as easy to use as online banking, it links the payment to business objects such as business partners, invoice numbers, etc., making it a true solution for businesses. Post the Test Drive, expect payments with Digital Money to get tightly integrated into the finance processes of your underlying SAP ERP system (SAP Business One, Business ByDesign or S/4HANA Cloud), thus making it a fully automated process with autonomous reconciliation.

Tell us what you think about the solution by answering our short survey: Would it solve your cross-border payment challenges? Was it easy to get started? Was it easy to use? And: Are you ready to get into the fascinating world of Digital Money and Decentralized Finance?

Note: SAP Digital Currency Hub is the intended name, however, the product is not yet generally available.