First announced in 2019, Coupa and American Express are taking their partnership to the next level
American Express expands its virtual card footprint across US. Source: stocksnap.io
US-based customers can now use American Express virtual cards as a payment option with Coupa Pay following the initial availability of Amex virtual cards in the UK and Australia.
Once the business’ eligible American Express account is tied to Coupa Pay, virtual cards can automatically be sent to authorized suppliers.
As to additional benefits of this integration, it provides extended pre-approvals for card spend, which increases visibility into spend across the organization.
Besides, it has enhanced security when paying suppliers using virtual card technology that generates a unique American Express card number for each transaction.
Increased visibility into the full payment process while automating invoice matching and reconciliation to improve efficiency is included as well.
We’ve reported that India’s largest pure-play credit card issuer SBI Card and American Express has entered a strategic partnership. SBI Card’s top-end premium products – SBI Card ELITE and SBI Card PRIME will be available on American Express’ global network.
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