-
ANZ today announced a partnership with VISA and SAP to embed ANZ’s card capabilities into SAP Business One through Visa B2B Integrated Payments (VBIP), giving ANZ customers a seamless way to manage supplier payments, enhance working capital and reduce manual processes.
The VBIP capability will allow ANZ customers to make invoice payments using ANZ’s virtual card offering directly within SAP’s platform. By leveraging virtual cards, customers can streamline supplier payments while benefiting from enhanced convenience, fraud protection and interest-free terms.
ANZ Head of Transaction Banking, Australia and PNG, Philippa Campbell, said: “As payments become increasingly digital, ANZ is committed to helping our customers streamline their processes and elevate their payment workflows to improve the way they pay suppliers.”
“This new partnership with VISA and SAP complements our existing payment options, seamlessly integrating financial solutions into the systems our customers already use, providing choice while driving efficiency and innovation.”
This initiative is part of ANZ’s broader B2B payables strategy, aimed at improving customer experiences by embedding payments and working capital benefits directly into enterprise software.
Embedded finance plays a key role in digital transformation. By integrating seamless software-powered solutions, ANZ is ensuring its customers can achieve significant process efficiencies, cost savings and security enhancements.
The embedded card payment capability is expected to be available to ANZ customers from September 2025.
anzcomau:newsroom/mediacentre/Media-Release
ANZ partners with Visa & SAP to enable faster and more secure payments
2025-03-17
/content/dam/anzcomau/mediacentre/images/gallery/ANZ Neon Light.jpg