American Express and Coupa, a provider of BSM solutions, have announced the availability of the American Express virtual Card as a payment option within Coupa’s business spend management (BSM) platform.
The new payment integration with Coupa Pay, a set of payment and financial solutions within the Coupa BSM platform, is expected to first be available to American Express Corporate customers in the UK and Australia in late 2019 and the US in mid-2020. The partnership will give businesses the ability to better manage supplier payments.
Businesses will be able to use American Express virtual Cards to pay suppliers for spend that goes through the Coupa platform. Once the business' eligible American Express account is tied to Coupa Pay, virtual Cards can automatically be sent to authorized suppliers.
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