Sumitomo Mitsui Card, Coupa, and Visa Collaborate on B2B Payment Digitalization, Launching Japanese Yen-Compatible "Coupa Virtual Card" in Japan
Sumitomo Mitsui Card, Coupa, and Visa announced the domestic launch of "Coupa Virtual Card" in Japan. This solution, based on Visa Virtual Card Solution, enables Japanese Yen-compatible virtual card payments for B2B transactions. Sumitomo Mitsui Card handles card issuance, Coupa provides its AI-powered autonomous spend management platform, and Visa offers the underlying technology. The collaboration aims to enhance payment operation efficiency, strengthen governance, and improve cash flow for Japanese companies, aligning with the trend of B2B payment digitalization, including the abolition of promissory notes by FY2026 in Japan. Coupa Virtual Card, part of Coupa Pay, offers single-use or limited-use virtual card numbers, supports over 200 countries and 140 currencies, and was recognized as a "Leader" in the IDC MarketScape for Worldwide Embedded Payment Applications 2024-2025.
📋 Article Processing Timeline
- 📰 Published: April 14, 2026 at 19:00
- 🔍 Collected: April 14, 2026 at 10:31
- 🤖 AI Analyzed: April 14, 2026 at 11:26 (54 min after Collected)
Sumitomo Mitsui Card Co., Ltd., Coupa K.K., and Visa Worldwide Japan K.K. announced the launch of "Coupa Virtual Card" in Japan. This initiative utilizes the "Visa Virtual Card Solution" as its technical foundation. Sumitomo Mitsui Card is responsible for credit card issuance. Coupa provides its autonomous spend management platform, which optimizes corporate spending using AI. The solution supports Japanese Yen transactions through collaboration with a Japanese financial institution (Sumitomo Mitsui Card). The goal is to improve payment operation efficiency, strengthen governance, and enhance cash flow for Japanese companies. Coupa's platform is used by over 3,200 companies globally, managing $9.5 trillion in spend data and connecting over 10 million buyers and suppliers. The Japanese government (METI) and the Japanese Bankers Association are promoting the abolition of promissory notes by FY2026, driving B2B payment digitalization. "Coupa Virtual Card" is part of the "Coupa Pay" portfolio. It instantly issues single-use or limited-use virtual card numbers for B2B payments. It supports payments in approximately 200 countries and over 140 currencies. Coupa received a "Leader" rating in the IDC MarketScape for Worldwide Embedded Payment Applications 2024-2025 Vendor Assessment (doc #US51793524, December 2024).