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Visa and Taulia Partner to Drive Global Availability of Embedded Finance


New partnership brings seamless execution and reconciliation of b2b payments

SAN FRANCISCO – (BUSINESSWIRE) – Visa (NYSE:V), a global leader in digital payments, and Taulia, an
SAP company, and a leading provider of working capital management solutions, have announced a new
partnership to make embedded finance accessible to businesses worldwide. The collaboration will
incorporate Visa’s digital payments technology into Taulia Virtual Cards, a solution that integrates with
SAP enterprise resource planning (ERP) solutions and business applications for a seamless and
streamlined payments experience for buyers and suppliers.

Visa and Taulia’s partnership will simplify payments across the business ecosystem by enabling virtual
payment credentials to work natively across SAP business applications. Through the planned integration,
Visa’s APIs will embed virtual payment credentials, acceptance and enablement solutions directly into
SAP business applications. The synergies created reinforce the financial institution’s role as Issuer, and
the ERP relationship to the corporate client, driving further value through embedded finance
capabilities.

Corporate buyers are turning to embedded virtual card solutions to deliver a seamless payment
experience, in which users can remain in their ERP or business applications to recognize mass
efficiencies. The joint solution will help CFOs, procurement and accounts payable teams automate
payments to suppliers, which is especially helpful for paying one-time suppliers as this eliminates the
need to create full master data in the system, a process that can take weeks or even months. Suppliers
will gain improved cash flow and enhanced visibility, alleviating friction across B2B transactions. This
new partnership and resulting solution replace a historically manual reconciliation process for buyers.

“We are thrilled to partner globally with Taulia to embed our digital payment solutions into
workflows across this impressive ecosystem,” said Alan Koenigsberg, SVP, Global Head of Large, Middle
Market Segments and Working Capital Solutions at Visa
. “By partnering with Taulia, we create
synergies in working capital management and the enablement of a world class ERP provider. We believe
that we are creating a best-in-class payments automation experience for buyers and suppliers alike,
while removing cumbersome processes that take time away from the most strategic work that drives
growth.”

Taulia Chief Product Officer Danielle Weinblatt said: “Our partnership with Visa further demonstrates
our commitment to delivering a customer-centric virtual card experience. Visa’s leading-edge
capabilities and vast network will allow us to innovate and help our customers around the world
advance on their journey with forward-thinking working capital technology.”

About Visa Inc.

Visa (NYSE: V) is a world leader in digital payments, facilitating transactions between consumers,
merchants, financial institutions and government entities across more than 200 countries and
territories. Our mission is to connect the world through the most innovative, convenient, reliable and
secure payments network, enabling individuals, businesses and economies to thrive. We believe that
economies that include everyone everywhere, uplift everyone everywhere and see access as
foundational to the future of money movement. Learn more at Visa.com.

About Taulia

Taulia is a fintech provider of working capital management solutions headquartered in San Francisco,
California. Taulia helps companies access value tied up in their payables, receivables, and inventory.
Taulia’s platform and network of more than 3 million businesses enables customers to execute their
working capital strategies, support their suppliers with early payment, and contribute to building
sustainable supply chains. Taulia processes more than $500 billion each year and is trusted by the
world’s largest companies, including Airbus, AstraZeneca, and Nissan. In March 2022, Taulia became
part of SAP. For more information, please visit www.taulia.com.


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