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Visa has teamed up with UAE-based spend management specialist Qashio on a business-to-business travel payments offering.
This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community.
The Visa Commercial Choice Travel programme will offer global issuance capabilities to the travel industry in the UAE, Mena, Europe and the UK. Over AED 100 million ($27 million) is being allocated to the programme in the coming years.
Travel companies will be able to obtain Qashio cards and transact in different currencies including AED, SAR, USD, EUR and GBP issued from UAE, enabling payments and settlements in multiple currencies.
Clients can digitise and automate their payments, optimising their reconciliation and enhancing liquidity, while the system is integrated with global travel management companies and their booking tools.
Visa Commercial Choice Travel will also provide real-time data insights and analytics to…
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