Sabre partners Apiso to power VTP in Middle East
Leading technology provider to the global travel industry, Sabre Corporation has announced a long-term partnership with Apiso to increase virtual payments adoption across the Middle East region.
Apiso, an Advance Payment Integration solutions, is already setting new standards in multi-currency multi-channel B2B VCN payments.
The partnership, and resulting technical integration between Apiso and Sabre, will promote Apiso’s unique product offering as the preferred payment solution for Sabre Virtual Payments’ customers in the fast-growing Middle East. It will also enable Sabre to scale the volume of payment transactions processed through its GDS and other technology solutions globally.
Apiso’s advanced technologies enable customers and distribution partners to access multi-currency B2B VCN payment services across multiple channels including API, web, and integration with Global Distribution Systems (GDS) and other travel technology companies. The combination of its services and unique consultative approach enables its customers to optimize outbound payments in order to drive new revenues, decrease costs and FX, and increase profitability.
“Sabre’s virtual payment technology and its extensive distribution reach coupled with Apiso’s advanced technical solutions and payment integrations will enable us to jointly deliver compelling products to help regional and international travel companies to optimize their payments workflow, drive revenue and profitability,” Director of Apiso, Andrew Sims said.
“We are excited about this partnership that will provide advanced, reliable, secured and flexible virtual payment solutions to the region,” he added.
In his reaction, Salman Syed, Vice President of Sabre EMEA affirmed that the Sabre Virtual Payments will continue to expand the corporation’s strategic partnerships to ensure a comprehensive solution that optimizes travel payments globally.
“Our partnership with Apiso helps us deploy Sabre Virtual Payments with flexible facilities such as multi-currency and multi-channel options, increase the value of our regional offerings in the Middle East and provide customers with a global payment solution that meets their specific payment needs,” Syed said.
B2B: Business to Business
VTP: Virtual Travel Payments
VCN: Virtual Card Number
EMEA: Europe, Middle East and Africa