Visa and SAP Launch B2B Embedded Finance Solution in Partnership with Sumitomo Mitsui Card and Digital Garage
Visa Worldwide Japan, SAP Japan, Sumitomo Mitsui Card, and Digital Garage have launched an embedded finance solution for B2B payments developed through collaboration between Visa and SAP, marking the first deployment of this solution in Japan during fiscal year 2025 to improve B2B payment efficiency.
Visa began collaborating with SAP in 2023 to streamline and simplify B2B payments, integrating payment solutions into SAP's ecosystem through the SAP Business Technology Platform (BTP) in the Asia-Pacific region and deploying embedded finance solutions for B2B payments.
Companies holding Visa cards can use this solution on SAP to make card-based payments to business partners even when those partners do not support card payments, through SAP BTP. When using credit cards, payments become deferred, allowing companies to secure necessary funds in a timely manner and eliminating working capital gaps in the supply chain.
In this initiative, Sumitomo Mitsui Card provides implementation support for the payment solution, while Digital Garage provides and supports the implementation of the BPSP (Bill Payment Service Provider) function "Invoice Card Payment."
Visa, SAP, Sumitomo Mitsui Card, and Digital Garage will continue to promote the adoption of secure digital payments and improve B2B payment efficiency.
Norbert Gehrke
