Visa and Qashio join forces for B2B travel payments

Visa has announced a collaboration with UAE-based spend management solutions provider Qashio to launch a B2B travel payments solution.

 

Visa’s Commercial Choice Travel programme leverages Visa’s payment infrastructure, and it was allocated over USD 27 million for future expansion.

 

Lowering expenses for the travel industry

Visa’s aim is to support the travel and tourism industry across the UAE, MENA, Europe, and the UK, simplify operational complexities, lower expenses, and assist companies in managing their travel payments.

Visa’s Commercial Choice Travel programme will allow companies to obtain Qashio cards that will enable them to facilitate transactions in multiple currencies such as AED, SAR, USD, EUR, and GBP. The cards are issued in the UAE, allowing simple payments and settlements across regions, with clients benefiting from integrated features and tools that automate reconciliation, improve payment processes, and optimise liquidity.

Additionally, the…