Taulia and Lloyds launch Visa-enabled virtual cards embedded in SAP ERP

Taulia and Lloyds launch Visa-enabled virtual cards embedded in SAP ERP - Trade Treasury Payments

Taulia, a working capital management provider owned by SAP, and Lloyds Bank have announced the launch of a new embedded payments solution. The offering enables Visa virtual cards to be issued through SAP’s Business Suite, giving buyers the means to fund their supplier payments using credit extended by Lloyds.

Linda Weston, Head of Commercial Cards at Lloyds, said, “Our clients are recognising the strategic value of virtual payments. This partnership makes adoption frictionless – directly embedded in the SAP ecosystem.”

The solution allows for virtual cards to be generated and used within enterprise resource planning (ERP) systems, eliminating the need for manual reconciliation or third-party platforms. Virtual cards, which are digital payment credentials tied to a predefined value and use case, are increasingly used by corporates for activities like B2B payments or fraud reduction.

For the new solution, which is designed to support UK-based companies seeking to digitise and automate supplier payments, Taulia will integrate Visa’s APIs to deliver embedded payment capabilities, while Lloyds will issue the cards.

Danielle Weinblatt, Chief Product Officer at Taulia, said, “Embedding virtual cards directly into ERP workflows is a game-changer. It gives businesses greater control over payments, improves liquidity visibility, and drives automation across procurement and finance functions.”

Lucy Demery, Head of Visa Commercial Solutions, added, “Our mission is to be the best way to pay and be paid. This is a clear example of how embedded finance can modernise B2B payments at scale.”

There has been a growing demand in the market for embedded finance tools, particularly for B2B payments. Embedded finance refers to the integration of financial services into non-financial platforms, such as the use of payment cards in an ERP environment, in this case.

Analysts expect global virtual card spending to exceed $6 trillion by 2027, primarily driven by increased adoption for corporate procurement and travel.

For corporates, virtual cards can improve the reconciliation process and reduce fraud exposure, while for suppliers, card payments can accelerate time to funds and reduce administrative burden.