Sumitomo Mitsui Card, Coupa, and Visa Collaborate to Digitalize B2B Payments, Rolling Out JPY-Supported 'Coupa Virtual Card' in Japan
Sumitomo Mitsui Card, Coupa, and Visa announce the Japanese launch of 'Coupa Virtual Card'. This B2B payment solution offers single-use JPY virtual cards, leveraging AI to optimize corporate spending and address the 2026 abolition of promissory notes.
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- 📰 Published: April 14, 2026 at 19:00
- 🔍 Collected: April 14, 2026 at 10:31
- 🤖 AI Analyzed: April 19, 2026 at 19:08 (128h 36m after Collected)
Sumitomo Mitsui Card Co., Ltd. (Headquarters: Koto-ku, Tokyo, Representative Director, President and CEO: Yukihiko Onishi, hereinafter: "Sumitomo Mitsui Card"), Coupa K.K. (Pronunciation: Koopa, Headquarters: Minato-ku, Tokyo, President: Koichiro Sorimachi, hereinafter: "Coupa"), and Visa Worldwide Japan Co., Ltd. (Headquarters: Chiyoda-ku, Tokyo, President: Stephen Kehoe, hereinafter: "Visa") announce that they will roll out the payment solution "Coupa Virtual Card" in Japan.
This initiative was realized with the "Visa Virtual Card Solution" provided by the Visa Group as the technical foundation, Sumitomo Mitsui Card handling the credit card issuing operations, and Coupa providing a cutting-edge autonomous spend management platform that optimizes corporate spending with the power of AI.
Furthermore, it is an advanced initiative utilizing a JPY-supported payment scheme through cooperation with a domestic financial institution (Sumitomo Mitsui Card), and will be a groundbreaking attempt to revamp B2B payments optimized for Japanese business customs.
Through the provision of this initiative, the three companies will contribute to streamlining payment operations, strengthening governance, and improving cash flow for Japanese companies.
Coupa is a global leader providing a cutting-edge autonomous spend management platform that optimizes corporate spending with the power of AI, utilized by over 3,200 companies worldwide. Based on $9.5 trillion in spend data and a network of over 10 million buyers and suppliers, it helps enhance corporate value through spend optimization, risk mitigation, and operational automation.
In recent years, as corporate activities become more complex and the importance of cost management increases, traditional purchasing management using manual processes or multiple systems has faced challenges with inefficient processes and cumbersome expense settlements. Against this backdrop, the introduction of purchasing management systems has gained attention. "Coupa" in particular is chosen by many companies for its ability to automate and centralize the purchasing process, speeding up approval workflows, streamlining expense settlements, and thereby reducing operational burdens, ensuring accurate data management, and enabling cost reductions.
In addition, legal regulations and initiatives are currently being strengthened in Japan to build a fair trading environment and promote the digitalization of B2B payments, such as the "Abolition of the Use of Promissory Notes targeted for FY2026" promoted by the Ministry of Economy, Trade and Industry and the Japanese Bankers Association. Under these circumstances, expectations for the "Coupa Virtual Card" as an alternative to traditional bank transfers and promissory notes are rising.
The "Coupa Virtual Card" is part of the "Coupa Pay" portfolio provided by Coupa, instantly issuing "single-use" or "restricted-use" virtual card numbers for B2B payments. It supports payments in approximately 200 countries and over 140 currencies globally, and has earned a Leader rating in the IDC MarketScape for Worldwide Embedded Payment Applications 2024-2025 Vendor Assessment (doc #US51793524, December 2024).
Through this collaboration between Sumitomo Mitsui Card, Coupa, and Visa, this world-standard technology can be seamlessly used for transactions in Japanese Yen as well.
The introduction of the Coupa Virtual Card brings business value beyond mere efficiency to both buyers (ordering side) and suppliers (receiving side).
Sumitomo Mitsui Card, Coupa, and Visa will continue to contribute to strengthening corporate governance and improving convenience through the promotion and widespread adoption of digitalization in B2B payments.
About Sumitomo Mitsui Card
Since its inception in 1967, Sumitomo Mitsui Card has led Japan's credit card industry for half a century as a comprehensive payment business operator driving a cashless society. In today's cashless payment market, which has undergone complex global evolution and diversification of payment methods, it aims to realize a truly cashless society by solving the challenges of both "users" and "businesses" and developing an easy-to-use environment.
About Coupa
Coupa is a cutting-edge autonomous spend management platform that optimizes corporate spending with the power of AI. With 20 years of proven track record, Coupa employs an AI agent trained on $9.5 trillion worth of transaction data generated by a community of over 3,200 customers.
This initiative was realized with the "Visa Virtual Card Solution" provided by the Visa Group as the technical foundation, Sumitomo Mitsui Card handling the credit card issuing operations, and Coupa providing a cutting-edge autonomous spend management platform that optimizes corporate spending with the power of AI.
Furthermore, it is an advanced initiative utilizing a JPY-supported payment scheme through cooperation with a domestic financial institution (Sumitomo Mitsui Card), and will be a groundbreaking attempt to revamp B2B payments optimized for Japanese business customs.
Through the provision of this initiative, the three companies will contribute to streamlining payment operations, strengthening governance, and improving cash flow for Japanese companies.
Coupa is a global leader providing a cutting-edge autonomous spend management platform that optimizes corporate spending with the power of AI, utilized by over 3,200 companies worldwide. Based on $9.5 trillion in spend data and a network of over 10 million buyers and suppliers, it helps enhance corporate value through spend optimization, risk mitigation, and operational automation.
In recent years, as corporate activities become more complex and the importance of cost management increases, traditional purchasing management using manual processes or multiple systems has faced challenges with inefficient processes and cumbersome expense settlements. Against this backdrop, the introduction of purchasing management systems has gained attention. "Coupa" in particular is chosen by many companies for its ability to automate and centralize the purchasing process, speeding up approval workflows, streamlining expense settlements, and thereby reducing operational burdens, ensuring accurate data management, and enabling cost reductions.
In addition, legal regulations and initiatives are currently being strengthened in Japan to build a fair trading environment and promote the digitalization of B2B payments, such as the "Abolition of the Use of Promissory Notes targeted for FY2026" promoted by the Ministry of Economy, Trade and Industry and the Japanese Bankers Association. Under these circumstances, expectations for the "Coupa Virtual Card" as an alternative to traditional bank transfers and promissory notes are rising.
The "Coupa Virtual Card" is part of the "Coupa Pay" portfolio provided by Coupa, instantly issuing "single-use" or "restricted-use" virtual card numbers for B2B payments. It supports payments in approximately 200 countries and over 140 currencies globally, and has earned a Leader rating in the IDC MarketScape for Worldwide Embedded Payment Applications 2024-2025 Vendor Assessment (doc #US51793524, December 2024).
Through this collaboration between Sumitomo Mitsui Card, Coupa, and Visa, this world-standard technology can be seamlessly used for transactions in Japanese Yen as well.
The introduction of the Coupa Virtual Card brings business value beyond mere efficiency to both buyers (ordering side) and suppliers (receiving side).
Sumitomo Mitsui Card, Coupa, and Visa will continue to contribute to strengthening corporate governance and improving convenience through the promotion and widespread adoption of digitalization in B2B payments.
About Sumitomo Mitsui Card
Since its inception in 1967, Sumitomo Mitsui Card has led Japan's credit card industry for half a century as a comprehensive payment business operator driving a cashless society. In today's cashless payment market, which has undergone complex global evolution and diversification of payment methods, it aims to realize a truly cashless society by solving the challenges of both "users" and "businesses" and developing an easy-to-use environment.
About Coupa
Coupa is a cutting-edge autonomous spend management platform that optimizes corporate spending with the power of AI. With 20 years of proven track record, Coupa employs an AI agent trained on $9.5 trillion worth of transaction data generated by a community of over 3,200 customers.