7 min read
Key takeaways
- Manual supplier payments increase costs, slow approvals and raise fraud risk
- Virtual Card creates unique numbers and custom controls for every transaction
- Virtual Card embedded in an ERP can provide more secure and more seamless payments globally
Transforming payment processes worldwide
Despite advances in automation, supplier payments remain manual and inefficient across global markets. Manual reconciliation, fraud risks and disconnected systems can slow processes, increase costs and limit a business’s ability to optimize working capital. That’s why organizations around the world are adopting virtual cards to help streamline payments and enhance control.
Streamlining payments and unlocking global value
Integrating virtual card solutions can reduce the need for screen switching and duplicate data entry, resulting in more efficient payment workflows across global supplier networks. Increased adoption of virtual cards may also contribute to greater rebate revenue. Additionally, supplier enablement programs can help facilitate smoother implementation and acceptance of virtual card payments worldwide.
Embedding virtual cards to help maximize control
and security
Virtual Card technology enables the generation of unique card numbers for every transaction—no matter where suppliers are located. It also helps set custom controls, including spend limits, supplier restrictions and usage windows, to help maximize security and visibility.
By embedding virtual card solutions into ERP or procurement platforms, payments can be initiated directly within existing systems, allowing approvers to process transactions efficiently as part of routine workflows. Approvers can trigger payments more seamlessly, making payments part of your global process—not a
separate step.
Discover global supplier enablement with J.P. Morgan
J.P. Morgan supports supplier onboarding and education worldwide. We help you identify suppliers best suited for virtual card payments, helping ensure readiness and ongoing acceptance. The result? A scalable, embedded solution that works for buyers and suppliers across the globe.
Accelerate your business with a flexible, rewarding way to efficiently manage and securely digitize payments for procurement and beyond.
Disclaimer
© 2026 JPMorgan Chase & Co. All rights reserved. JPMorgan Chase Bank, N.A. Member FDIC. Deposits held in non U.S. branches are not FDIC insured. Non deposit products are not FDIC insured. The statements herein are confidential and proprietary and not intended to be legally binding. Not all products and services are available in all geographical areas. Visit jpmorgan.com/paymentsdisclosure for further disclosures and disclaimers related to this content.
