TTW
TTW

Sabre announces partnership with Visa, expands B2B virtual payments

Thursday, May 2, 2019

Favorite

 

Sabre Corporation has joined hands with Visa to  support the growth of business-to-business (B2B) virtual payments in the travel industry. Through the Sabre Virtual Payments solution travel buyers and suppliers will be able to pay and get paid with virtual Visa commercial cards.

 

 

Sabre is the world’s leader in digital payments and the partnership will see both their mutual customers accessing Visa’s virtual B2B payment solutions. This will enable faster, more secure payment options as well as more control and visibility into individual B2B travel-industry payments.

 

 

Wade Jones, President, Sabre Travel Network stated that bringing together Visa’s leadership position in digital B2B payments with Sabre’s virtual payment technology and global network of customers represents a tremendous opportunity to increase the adoption of B2B virtual payments in the travel industry. Sabre’s investment in virtual payments and its integration into existing agency processes makes it quick and easy for our customers to adopt and use.

 

 

Kevin Phalen, Global Head, Visa Business Solutions  said that supporting the expansion of electronic B2B payments in the travel industry is one of their core focus areas. By bringing together Visa and Sabre’s travel-industry capabilities and solutions, they will help further streamline cash flow and overall finance management practices for suppliers and buyers.

 

 

It will help remove barriers to transparency in business payments created by paper-based processes.

 

In the travel industry Sabre Virtual Payments is considered to the most flexible.Sabre  offers offering multi-bank, multi-card, credit and prepaid accounts that allow customers to select the best payment option. Sabre also operates a leading global travel market place.

 

Visa’s mission is to connect the world through the most innovative, reliable and secure payment network which enabled individuals, businesses and economies.

Share On:

Subscribe to our Newsletters

« Back to Page

Related Posts

Select Your Language

PARTNERS

IITM
AHIF
at-TTW

Subscribe to our Newsletters

I want to receive travel news and trade event update from Travel And Tour World. I have read Travel And Tour World'sPrivacy Notice.

Mar 27
March 27 - March 30
Mar 27
March 27 - March 30
Mar 29