Print Page   |   Contact Us   |   Your Cart   |   Sign In   |   Learn More
NAPCP Search
Commercial Card News Brought to You by the NAPCP: News - Industry

Barclaycard Joins Coupa as Inaugural Coupa Pay Partner

Thursday, November 15, 2018   (0 Comments)
Posted by: Heather MIller
LONDON, Nov. 7, 2018 /PRNewswire/ -- Following its announcement of Coupa Pay, a set of payment and financing solutions within the Coupa Business Spend Management (BSM) Platform, Coupa (NASDAQ: COUP) has unveiled a strategic partnership with Barclaycard, a leading global payment business, which is part of Barclays Bank PLC. Together, they announced the Coupa Pay with Barclaycard offering commencing with virtual cards that create a fast, secure, and convenient way for businesses to manage payments as part of their broader business spend management strategy.

"We're excited to partner with Barclaycard as the first card issuer of our virtual card solution," said Ravi Thakur, senior vice president of Business Acceleration at Coupa. "As a leading global brand and a credit card innovator, Barclaycard will add tremendous value to our customers by helping them not only spend smarter, but pay smarter too."

Using Coupa Pay with Barclaycard, a user requests a virtual card by submitting a purchase requisition through Coupa. Once approved, a unique Barclaycard credit card number is generated for the authorized supplier and amount, and Coupa automatically reconciles the resulting charges and statements back to the PO. Virtual cards reduce finance workloads, creating a more efficient way of engaging with high volume, low-value, and one-off suppliers. Additionally, similar to a standard corporate credit card, businesses can pay suppliers upfront without affecting cash flow or tying up important capital.

David Price, managing director of Client Coverage at Barclaycard said: "Since launching the UK's first corporate credit card over 50 years ago, Barclaycard has been pushing the boundaries to create payment solutions that help make our clients more successful. We are excited to be partnering with Coupa to give users the ability to seamlessly generate a virtual card at the point of PO, which marks an important step in our journey to offer businesses even greater levels of efficiency, control, and connectivity."

To learn more about Coupa Pay, click here.

Sign In

Event Calendar

Virtual Roundtable: Have You Heard? SURVEYS Are Your Best Bet for Growth

U.S. Bank Virtual Demo: Making Business Travel Easier

NAPCP Commercial Card Regional Forum - New York City, NY

Educational Webinar: ePayables 101: Understanding the Basics

Educational Webinar: Securing Card on File eCommerce with New Tokenization Tools

Copyright © 1999 - 2019 NAPCP - Advancing Commercial Card & Payment Practices Worldwide
Certified Purchasing Card Professional Credential 
The next application due date is September 3, 2019, to take the exam during the September 2019 testing period.
Executive Summary complimentary fo subscribers and members. Join today to access full report.
NAPCP's dedicated IP address for e-mail is Please add this IP address, and to approved/"safe sender" list to ensure you receive NAPCP news & event notifications. 
You MUST log in to your profile to choose your preferences: Unsubscribe | Choose Email Preferences | Request Removal