Europe's B2B payments face a critical operational bottleneck that virtual cards could solve. While European payment infrastructure is efficient, the real friction lies in supplier onboarding, data collection, and workflow complexity. Commercial and virtual cards remain underutilized despite their potential to automate payments and improve cash flow for both buyers and suppliers. The challenge is supplier enablement, as many lack digital infrastructure or card acceptance capabilities. Up to 60 percent of suppliers experience recurring overdue payments, straining working capital across the ecosystem. As companies digitize procurement functions, automated payment solutions become increasingly essential to meet buyer and supplier expectations for faster settlements and reduced administrative overhead.
