SUNRATE, an intelligent global payment and treasury management platform announced that it has entered into a partnership with Outpayce from Amadeus that will help improve and automate the B2B payments experience for travel companies globally, focusing on the Asia-Pacific (APAC) region.
As part of the partnership, travel sellers (i.e. Online Travel Agencies (OTAs) and Travel Management Companies (TMCs)) are now able to generate and use SUNRATE’s virtual cards for their business payments needs, such as payment to airlines, hotels and other suppliers via Outpayce B2B Wallet. Today’s partnership builds on a new strategic relationship to offer a fast, secure, and automated way to pay and get paid through Outpayce B2B Wallet with virtual payment technology offered through Mastercard.
Travel sellers are also able to scale and expand in the Asia-Pacific region seamlessly, given that SUNRATE virtual cards allow the settlement of card spends in more than 15 currencies.
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Coco He, General Manager, SUNRATE said, “SUNRATE remains committed to continuously innovate our online travel solution offerings and this partnership with Outpayce puts us firmly on track to be the one-stop B2B partner for the travel industry.”
Claudio Santos, Head of Commercial, Travel Sellers, Outpayce from Amadeus, said
“At Outpayce we are committed to providing a wide range of virtual card options within B2B Wallet so agencies can pay suppliers according to their strategy. SUNRATE issued cards provide compelling new options across the APAC region that will benefit our travel seller community.”
SUNRATE is certified to the international financial data security standard: Payment Card Industry Data Security Standard (PCI DSS) Level 1.
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