Sabre, a US-based travel technology provider, has purchased British payments company Conferma Pay for an undisclosed amount.
Established in 2005 by Simon and Jim Barker, Conferma Pay currently enables issuers to communicate with over 700 travel management firms as well as key global distribution network and more than 100 online booking platforms.
The latest deal is expected to expedite B2B payments in the travel industry.
Citing…