Business payment specialist AirPlus International has joined forces with corporate expense management platform Coupa to offer customers new purchasing options.
The companies say AirPlus Virtual Cards Procurement will become a payment option within Coupa’s B2B payment solution, Coupa Pay. Customers of both companies can streamline and centralize spending on things like travel, business assets and utilities.
“This partnership provides customers with new levels of value and business acumen, enabling them to simplify, digitize and automate their procurement processes in a seamless, integrated system,” the companies said in a press release issued Thursday (Jan. 27). “Customers can generate the virtual cards directly on Coupa Pay, without having to switch portals or risk losing information.”
Roger Goulart, executive vice president of Business Development and Alliances at Coupa, said the integration will enable the two companies’ customers to “optimize business spend in a simple and seamless experience.”
AirPlus, which says it first introduced virtual credit cards in 2005, says it has expanded its focus to include not just travel expense management, but other procurement processes as well.
Introduced last year for purchases, AirPlus Virtual Cards Procurement is the simple, secure way for customers to pay for business expenses. A Mastercard credit card number is generated for this.
“The virtual credit card is quickly and easily generated instantly and can be used right away,” the companies said. “The partnership with Coupa marks another important milestone on AirPlus’ journey to establish itself as a supplier of procurement costs other than business travel.”
Last year, AirPlus revamped its virtual card payments to offer them on a standalone basis, with three card versions on a new platform: classic cards that allow business users to pay for travel, purchase cards to fund B2B and ad hoc purchases such as software, and the travel agency card, to assist with payments from the travel management company.