Making travel payments just got a whole lot easier with Sabre Virtual Payments

Agencies are looking for better and easier ways to tackle challenges like reconciliation, processing complexity, and fraud when paying for travel –all while seamlessly connecting its various players. Choosing a trusted technology partner that can bring value to your agency is key. This is why over 100 agencies worldwide trust Sabre Virtual Payments to take care of their payment needs.

Virtual cards offer endless convenience and advantages over their physical counterparts, including maximizing operational efficiency, reducing manual errors, better cash flow management, and greater security. Why are Sabre Virtual Payments a better option though? Let’s explore the benefits for travel agencies in more detail:

Automated reports: travel agencies can easily track their spending and generate automated reports when using virtual cards. This consolidated reporting from all banking partners means they can easily track and automatically reconcile payments from multiple sources in a single platform where all data is fully synced and seamlessly integrated into their existing workflows. This automation allows them to save time, reduce manual activities, reduce costs, improve efficiencies and streamline processes. With Sabre Virtual Payments’ automated invoice collection, agencies can avoid the burden and manual work associated with managing expenses and reconciliation.

More revenue opportunities: through an agnostic direct API travel agencies can optimize their travel payments using virtual cards. Sabre Virtual Payments can act as a broker with issuers to support and improve the agency’s commercial arrangements, allowing them to turn their payments into a new source of revenue by earning rebates when using a virtual card to make a purchase.

Sabre GDS integration: clients and ticketing agents can create VCNs from their existing GDS workflows. 

Choice: choose multiple banks, funding options and card products.

Financial benefits: Sabre can either negotiate a deal with new banks on the agency’s behalf, or just introduce them to the agency. Offers can be bundled with GDS bookings, and the agency’s credit line can be maximized.

Reduce fraud: protect the business against supplier defaults with full chargeback rights. Travel agencies using virtual cards can generate a unique card number for each reservation. This reduces the risk of unauthorized access or data breaches.

Sabre Orchestration Engine: provides agencies the tools to intelligently route transactions across its supplier payments. This allows agencies to optimize cashflow, increase acceptance, save on Foreign Exchange through preferential rates in the conversion of one country’s currency into another, while maximizing rebates. Transaction optimization is adapted to the agency needs. The Orchestration Engine also allows agencies to block or prevent any payments going out of their SVP accounts based on set parameters. 

“We are thrilled to offer a one-stop ecosystem that can help travel agents save time during the booking process by relying on Sabre Virtual Payments. This multi-channel solution allows agencies and travel bookers to select what delivers the most value to them. It works by issuing a unique card number for each specific booking, which provides enhanced security,” said Patricio Boccardo, Head of Sabre Virtual Payments. 

“Thanks to our team’s expertise in both payments and travel, we also offer consultancy services to help travel agency customers find the right payment solutions for them while addressing challenges and streamlining payment processes. Our current customers can easily do international B2B payments, increase operational efficiency and security, as well as automate reconciliation and data reporting while unlocking new revenue streams through rebates,” added Boccardo. 

Sabre Virtual Payments provide an extensive reach to more than 70 banking partners in over 90 countries. These banking partners can issue virtual cards in over 50 currencies while being fully integrated with the top card schemes worldwide. 

Sabre Virtual Payments is built for leisure travel agencies, OTAs, TMCs and organizations with significant booking volumes.

Is your agency ready to leap into the new era of virtual payments? Learn more.