This deal marks the first fully embedded virtual card experience that keeps customers immersed in Concur Invoice from registration through payment, it claims. It is also the first time SAP Concur customers can register for virtual card services within Concur Invoice while keeping their existing corporate or purchasing card.
“Businesses want more from the tools they already use, and today’s news delivers that frictionless experience. We see this as a new era for embedded finance – one where software companies can access payment rails, banks can deploy services from within software systems, and businesses can easily tap into powerful tools for managing payments.”