Payments without boundaries

Make payments faster, cheaper and at any time with digital currency and without leaving your ERP.

Take a tour
Contact us

What is the Digital Currency Hub?


SAP Digital Currency Hub enables enterprises making and receiving payments with digital currencies – 24/7, instant, globally at low fees. SAP Digital Currency Hub thus enables customers to make/receive payments without boundaries and is particularly suited for cross-border payments.It is currently available to early adoption customers upon request in the pilot phase and is being introduced as a new premium functionality of S/4HANA Cloud, RISE and GROW that can be licensed separately.

Payment without boundaries

DCH_ValueProposition

Features

Management of digital currency accounts

Management of digital currency accounts

The Digital Currency Hub provides an overview of your digital currency holdings by crypto asset and blockchain network. It also enables account statements for stablecoin transactions in a format that can be imported into the financial system for reconciliation. By referencing the blockchain transaction it also delivers transparency and auditability.

Management of payments

Management of payments and conversion

Make and receive stablecoin payments from customers and suppliers. By monitoring the blockchain you can also see incoming payments. Funds can also be transferred to and from an exchange to enable easy FIAT conversion.

support for multi-currencies and networks

Support for multi-currencies and networks

The Digital Currency Hub is preconfigured for USDC and PYUSD for instant usability and support for Ethereum and Polygon blockchain as a settlement layer. Further stablecoins following ERC-20 standard can be added on request.

management of crypto-wallets

Management of crypto-wallets

Dedicated wallets can be created per business partner to better reconcile incoming payments and separate wallets provided for holding and receiving stablecoin. Wallets can be managed in self custody or connected to a payment processor.

valuation of crypto currencies

Valuation of crypto currencies

Value native crypto currencies like Ether or Matic that are required to pay the network fee for validating crypto transactions.

Interested in finding out more about what digital currencies could do for your business? Get in touch at sapdigitalcurrencyhub@sap.com about DCH.

FAQs

SAP Digital Currency Hub will support selected stablecoins for making and receiving payments driven by market capitalization and customer demand. Initially, SAP Digital Currency Hub will support USDC and PYUSD issued by Circle and PayPal
Respectively. Technically, any ERC-20 compatible stablecoin can easily get added depending on customer demand.

SAP Digital Currency Hub supports the Ethereum and Polygon blockchains when using self-custody. Further blockchains might be added upon customer demand. In the future we plan to offer integration to custody providers who natively interface to the blockchain. In this case the available blockchains depend on the custody provider selected.

SAP Digital Currency Hub is a cloud solution that has been built on SAP’s Business Technology Platform using cloud native technologies. Customers who want to store their private keys in self-custody need to install a dedicated piece of software called SAP digital asset custody (DAC) to keep the private keys under their control. DAC is available to be installed on AWS; further installation options will be planned in-line with customer demand.

SAP Digital Currency Hub is available globally. Customers must assess the country’s regulatory boundaries before using SAP Digital Currency Hub. From an accounting perspective, SAP Digital Currency Hub follows IFRS accounting standards.

Currently there is no pre-delivered integration as part of the standard delivery. Early adoption customers need to integrate into their ERP on a project basis which is a straightforward project. As part of our 2025 roadmap, we plan an integration into S/4 HANA.