KNEX, a trusted Oracle partner, announced a global collaboration with Visa, a world leader in digital payments, to embed Visa’s virtual card capabilities directly into Oracle ERP systems, including Fusion Applications and NetSuite. Support for additional Oracle ERP platforms is expected to expand in alignment with client needs and KNEX and Visa’s solution roadmap.
„The collaboration addresses a longstanding challenge for businesses: costly development of integrations and manual supplier payments that lack visibility, slow operations, and increase payment risk.” – according to the press release.
Supplier payments today are often manual, disconnected, expensive, and require integration with multiple systems. Visa’s Virtual Card APIs offer powerful capabilities, and the new KNEX Visa Virtual Card Adapter makes these virtual card capabilities available in a turnkey, efficient, and secure way within Oracle ERP.
Executive Perspectives
„This partnership with Visa marks a major leap in how businesses manage payments inside Oracle ERP,” said Basheer Khan, CEO of KNEX Technology. „By embedding Visa’s trusted virtual card capabilities, we’re removing friction and enabling a faster, smarter, and more secure way for companies to pay suppliers.”
„Embedding Visa’s virtual card technology directly within Oracle ERP systems represents a significant advancement for businesses seeking to modernize their payment operations,” said Darren Parslow, Global Head of Visa Commercial Solutions. „By making secure, automated supplier payments available natively in the platforms organizations already use, we’re helping clients accelerate their digital transformation, reduce manual effort, and unlock new efficiencies at scale.”
The first release of the Visa Adapter will launch in October 2025 at Oracle AI World and AFP 2025. KNEX and Visa will also roll out a pilot program with select clients and issuing banks in Q4 2025, with expanded support across the Oracle ERP ecosystem to follow.
Banking 4.0 – „how was the experience for you”
„To be honest I think that Sinaia, your conference, is much better then Davos.”
Many more interesting quotes in the video below:
