Amadeus launches new virtual wallet
Amadeus has unveiled a new solution comprising two virtual cards linked to the same account.
One card earns travel agencies a rebate on the amount spent, and the other helps avoid payment card surcharges applied by some travel providers.
Additionally, travel agents can free up time as both options are fully integrated with the selling interface, so payments can be made while booking a trip.
B2B Wallet Prepaid complements Amadeus’ existing virtual credit card offer to offer travel agencies a full cash management solution.
“The travel industry has broken its reluctance to pay with virtual cards. However, challenges still remain to be overcome to fulfil its potential for growth.
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“Amadeus brings an innovative approach which allows travel agencies to boost savings and reduce payment-related costs to a minimum.
“Virtual cards are widely accepted, so agencies can rest assured that they can use it for all their providers – from low-cost carriers, to car rental providers, hotels and more,” commented Celia Pereiro, head of travel payments at Amadeus.
Pereiro added: “B2B Wallet offers the choice and flexibility that travel agencies have been striving for in a payments solution – the positive response we have received from the market confirms this.
“We are currently rolling out a number of customers across Europe and are in discussions with hundreds of others.”