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Company

Tereina

A regulated payment service provider and, according to SAP, a wholly owned subsidiary of SAP. It operates the SAP Pay payment solution.

Timeline (last 90 days)

Oct 18

Tereina, the operator of SAP Pay, is described by SAP as a regulated payment service provider and a wholly owned SAP subsidiary; but Reuters describes it as a payment company in which SAP holds a stake, and the CEO declined to disclose the ownership percentage.

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Oct 18

Reuters reported that Tereina claims a 25% reduction in payment costs, which is a claim rather than a result.

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Oct 14

SAP Pay is a payment service embedded in SAP Cloud ERP workflows, supported by Tereina, a licensed payment service provider established by SAP in April 2026.

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