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Fintech has hit the travel industry. Travel agencies can unlock these benefits and more as Amadeus partners with two pioneers in Fintech innovation to bring its recently announced B2B Wallet Prepaid product to market.
To this end, Amadeus is partnering with MasterCard to offer travel agencies payment acceptance and security around the globe, as well as better protection against supplier default when using B2B Wallet.
Amadeus is also partnering with Ixaris to drive efficient virtual card management on B2B Wallet. With its innovative payments technology, Ixaris allows travel agents to easily create and add funds to their virtual payment cards.
“Virtual card technology is the ideal application of Fintech innovation for the travel industry. By combining the strengths of Amadeus, MasterCard and Ixaris, we bring flexibility, efficiency and confidence to travel agent B2B payments,” remarked Celia Pereiro, Head of Travel Payments.
The Amadeus B2B Wallet Solution will be gradually rolled out in select Asia Pacific markets in 2017 to bring travel agencies a virtual payments product with the option of either earning or saving cash when paying travel providers.
Source: travelnewsdigest.in
