SAP-owned working capital management solutions provider Taulia has launched a virtual card partnership with Lloyds. This collaboration will see the companies issue Visa-enabled virtual cards, embedded across a variety of solutions available with the SAP business suite, Taulia announced in a Thursday (March 27) news release. “Through the partnership, Lloyds will extend credit to customers who have purchased the Taulia Virtual Cards solution, allowing companies to issue virtual cards to suppliers worldwide in a seamless B2B payment process,” the release said. “Combining Taulia’s scalable technology with Lloyds’ reach, the partnership offers an innovative and fully embedded payment solution that caters to UK customer needs.”

Taulia, a leading provider of working capital management solutions and part of SAP group, and Lloyds, part of Lloyds Banking Group, the UK’s largest retail and commercial financial services provider, have today announced a partnership to issue Visa-enabled Virtual Cards, embedded across a range of solutions available with SAP Business Suite.Through the partnership, Lloyds will extend credit to customers who have purchased the Taulia Virtual Cards solution, allowing companies to issue virtual cards to suppliers worldwide in a seamless B2B payment process. Combining Taulia’s scalable technology with Lloyds’ reach, the partnership offers an innovative and fully embedded payment solution that caters to UK customer needs.Embedded finance technology seamlessly integrates financial services into non-financial platforms and applications and is a transformative force for businesses seeking to enhance their operations while delivering a superior customer experience. In this case, Taulia utilizes Visa’s APIs to integrate Visa virtual payment credentials, acceptance solutions and supplier enablement services directly into the end-user’s business and enterprise resource planning (ERP) applications.Virtual Cards can be a game-changer for businesses, opening new opportunities for growth, creativity, and attracting customers. They simplify the payment process, making it more user-friendly while helping businesses work smarter. Virtual Cards improve supplier relationships, reduce the risk of fraud and make managing cash flow much easier — all while keeping payment systems ready for the future.Danielle Weinblatt, Chief Product Officer, Taulia, comments: “Embedding virtual cards directly within the ERP landscape and having Lloyds as an issuing partner is a game-changer for corporate payments. This collaboration redefines how businesses manage spend, bringing greater control, automation, and working capital optimization directly into their existing workflows

Epos Now, a leading global AI-driven point-of-sale (POS) provider, announced a strategic partnership with Lloyds Cardnet, one of the UK's biggest card payment service providers.