Sabre Virtual Payments selected as Simplenight’s exclusive B2B payment provider
Sabre Corporation, a leading software and technology provider powering the global travel industry, and Simplenight, a leader in dynamic packaging, merchandising and Internet Booking Engine (IBE) technology, announce a multi-year strategic technology agreement.
Simplenight, a B2B omnichannel commerce platform, provides customized booking solutions and extensive travel content across more than 30 categories such as air, lodging, car, tours, attractions, events, and dining to an extensive network of demand partners.
Under the agreement, Simplenight will benefit from Sabre’s extensive travel ecosystem including its wide geographic scope and breadth of travel content, which includes air, lodging, ancillary and NDC content. In addition, Simplenight will exclusively utilize Sabre Virtual Payments as its B2B payment provider, bringing them payment flexibility and control, increased fraud protection and security, accurate reconciliation and better automation and efficiency.
Latest Fintech News: InvestCloud Partners With 55ip to Integrate Tax-Smart Technology on the InvestCloud Financial Supermarket
Mark Halberstein, founder and CEO of Simplenight, says “Sabre is the right partner to help Simplenight scale our technology to bring even more customer value, insights and loyalty to other travel agencies. Sabre’s payment solutions and travel content APIs are the foundation for this successful partnership that translates into happier customers with more choices and opportunities.”
Sabre Virtual Payments is a state-of-the-art payment gateway that allows a single point of integration between an OTA or travel agency and multiple issuers and booking tools. It is one of the largest virtual card offerings for B2B payments in the market and enables access to seven global issuers and more than 70 local issuers.
Latest Fintech News: CrossCountry Mortgage Offers Financing Solutions to Help First-Time Homebuyers Achieve Homeownership Dreams
“We look forward to partnering with Simplenight and helping them achieve their growth and business goals. Sabre’s travel and payment solutions will help Simplenight deliver differentiated solutions to their customer base,” said Roshan Mendis, chief commercial officer for Sabre Travel Solutions. “Sabre aims to modernize retailing, unlock revenue opportunities, and improve the traveler experience.”
Sabre and Simplenight’s strategic partnership supports technology innovation to help travel companies increase customer loyalty and drive revenue, creating a turn-key travel planning and booking experience for the end-user.
Latest Fintech News: CIBC Innovation Banking Announces Growth Capital Facility for Beauceron Security
[To share your insights with us, please write to sghosh@martechseries.com]
