WEX Inc. brought smarter AP solutions to Corporate Card customers with the help of growing fintech business, Extend. Extend, a leader in embedded virtual card payments, announced a collaboration with WEX Inc., a global leader in intelligent payment solutions, to enable virtual card payments inside Concur Invoice. WEX corporate card customers can now connect their WEX commercial account in Concur Invoice to generate and settle vendor payments with virtual cards?all automatically and without leaving the Concur platform.
For WEX corporate card customers using Concur Invoice, this integration not only enables a new level of control and security over vendor payments, it also means a more streamlined and automated AP process. When an invoice is received, Concur Invoice automatically generates a virtual card linked to the customer?s registered WEX commercial account?complete with a unique 16-digit number, spend limit, validity date, and invoice reference?then authorizes, remits, and reconciles the payment end to end. This gives WEX customers the ability to: Settle invoices with single-use virtual cards generated from their existing WEX commercial account; Control payment amounts and timing with per-invoice virtual card parameters; Pay suppliers faster, improving cash flow, and days payable outstanding; Automate reconciliation and gain complete visibility into payment delivery; Eliminate paper checks and reduce associated risks and administrative burden; Earn available card rebates on vendor transactions.
WEX modernizes the entire AP lifecycle through an intelligence-led orchestration layer that replaces vulnerable credentials with single-use virtual tokens that help neutralize fraud at the point of issuance. This digital architecture simplifies complex global payments across countries, currencies and systems to manage virtual cards and process transactions ? all on one platform.
By combining this transaction processing with strategic supplier enablement and guided enrollment, WEX helps transform Accounts Payable from a traditional cost center into a scalable, value-generating asset. Extend?s platform sits at the intersection of card rails, spend management, and expense software?connecting legacy payment infrastructure to modern business workflows. With partnerships across major issuing banks, integrations with the three largest card networks, and a growing footprint within solutions like Concur Invoice, Extend has built the connective tissue that allows financial institutions and corporate payment providers to offer new experiences to end users without costly, time-intensive direct integrations.
As business software platforms and card programs continue to converge, Extend is uniquely positioned to accelerate this shift across the industry. The WEX partnership is the latest example of a leading corporate payment provider leveraging Extend?s infrastructure to move faster, reach more customers, and deliver more value from existing card programs.
