Global travel technology company, Sabre Corporation, has announced a multi-year agreement with Jazz Tech, a Brazilian financial technology company, for it to serve as the virtual card issuer for Sabre Direct Pay in Brazil.
The partnership will expand Sabre Direct Pay’s capabilities in Latin America and enable Jazz Tech to streamline its financial operations for more efficient and reliable payments to agencies and suppliers.
Virtual cards provide secure, single use payment methods for transactions which minimises fraud risks, offers detailed financial data and simplifies reconciliation. Meanwhile, Sabre Direct Pay enables Jazz Tech to streamline its financial operations for more efficient and reliable payments to agencies and suppliers.
Patricio Boccardo, managing director at Sabre Direct Pay, said of the agreement: “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…