Sabre Corporation announced a multi-year agreement with Jazz Tech, a Brazilian fintech company backed by Arbi Bank, under which Jazz Tech will serve as the virtual card issuer for Sabre Direct Pay in Brazil.
Virtual cards provide a secure, single-use payment method for each transaction, reducing fraud risks, offering detailed financial data, and simplifying reconciliation, while Sabre Direct Pay enables Jazz Tech to streamline financial operations for seamless, efficient, and reliable payments to agencies and suppliers.
“Sabre Direct Pay’s expansion into South America with Jazz Tech brings a fast and efficient onboarding process, enabling travel agencies to issue virtual cards and transact with suppliers seamlessly”, said Patricio Boccardo, Managing Director, Sabre Direct Pay. “The platform integrates directly into existing workflows, providing access to both prepaid and credit card options…
