Sabre and Visa expand possibilities of virtual B2B-payments in the tourism industry

On June 04, 2019 it became known that Sabre Corporation, the supplier of technologies for the world industry of travel, and Visa announced partnership which purpose is support of development of virtual B2B-payments in tourism industry. Thanks to this agreement buyers and suppliers of tourist services will be able to make payments and to receive payment using virtual cards of Visa, using the solution Sabre Virtual Payments.

Thanks to partnership of two companies clients will get access to virtual payment B2B-solutions of Visa that will allow them quicker and more safely to make payments and also will provide more control and transparency when carrying out payment transactions.

Visa position in the market of digital B2B-payments together with technology of virtual payments and a global network of clients of Sabre opens ample opportunities for more best use of virtual payments in tourism industry. Investments of Sabre into the solution for virtual payments and its integration into the existing agency processes allow our customers quickly and to easily implement and use these technologies, noted Wade Jones, the president of Sabre Travel Network

Support of distribution of electronic B2B-payments in the tourism industry – one of the directions, priority for us. Having integrated possibilities of Visa and technological solutions of Sabre, we will help suppliers and buyers of tourist services to optimize cash flows and common methods of management of finance, excepting restrictions of transparency of corporate payments which create paper processes, told Kevin Phalen, the global head of Visa Business Solutions