Sabre Virtual Payments enhances payment security for CTM Singapore

Sabre Corporation has just launched Sabre Virtual Payments for Corporate Travel Management (CTM) Singapore, contributing to improved productivity and optimized revenue by enabling secured transaction channels between travellers and suppliers.

Sabre Virtual Payments, developed in partnership with virtual card technology provider Conferma, is an innovative solution that offers peace of mind to help make secure, corporate travel-related transactions. Available through Sabre’s corporate booking tool GetThere and the new Sabre Red Workspace, Sabre Virtual Payments provides agents and travel management companies (TMCs) with the capacity to issue single-purpose virtual cards for air, hotel, and agency fee payments. The virtual cards are sent directly to the traveller’s mobile via TripCase and are attributed to a unique transaction. The technology generates a simple, single form of payment which is recorded in a safe, traceable and efficient manner through a protected distribution channel, helping to ensure secure transactions and reducing third party access to sensitive credit details.

“In addition to supporting compliance, Sabre Virtual Payments is a tremendous asset for corporate travel management companies looking to optimise their reporting capabilities. The platform enables rich data capturing, helps to better manage revenue and facilitates compliance for all parties involved in the transaction,” said Eugene Tan, general manager, Corporate Travel Management Singapore. “Thanks to Conferma and Sabre’s partnership with our service delivery team, Sabre Virtual Payments was easily integrated into our processes. In fact, we improved our booking efficiency by 30 to 40 percent while driving revenue growth,” he added.

“Sabre Virtual Payments directly supports the public discussions that we are witnessing today around data protection. With this solution, Sabre delivers an innovative tool that addresses the need for simple, safe and reliable transactions to take place between agents, travellers and suppliers,” said Jason Toothman, vice president global accounts, Sabre Travel Network Asia Pacific. “We are pleased to have collaborated with CTM on this successful launch, which has already been able to optimize their processes and increase profitability,” he added.

Rapidly adapting to the rise in mobile transactions across Asia Pacific, Sabre Virtual Payments enables agency and corporate subscribers to choose from over 30 banking partners. The solution is currently available to agents and TMCs in Australia, Hong Kong, India, New Zealand and Singapore, and will soon be deployed across the remaining Asia Pacific countries over the coming months.

About author

TnH Global
TnH Global 3329 posts

Our platform is the most comprehensive, current and accurate content destination for tourism that also offers the opportunity to connect and network with quality buyers and sellers.

Name: TnH Global              Email: admin@tnhglobal.com

You might also like

Hotels

Back by Popular Demand: THRILLER LIVE, a Sensational Celebration of the Music of Michael Jackson, Returns to The Parisian Macao

Concert commemorating the life of the Prince of Pop back at The Parisian Theatre from April 28 – Sept. 3, 2017; THRILLER LIVE Package available THRILLER LIVE, a spectacular theatrical

Destinations

MTDC introduces exciting monsoon offers for August-September, 2016

Maharashtra Tourism Development Corporation (MTDC) has recently announced exciting offers to attract domestic tourists to experience the monsoon beauty of Maharashtra with an ease.  The tourism board is offering a

MICE

ITB Asia 2017 sees successful buyer programme partnerships following increased involvement of exhibitors

Buyers programme evolved to be larger scale this year following success of programme in 2016 90% of recommended buyers targeted to attend ITB Asia’s milestone event this year Buyers recommended

0 Comments

No Comments Yet!

You can be first to comment this post!