Sabre has rolled out a multi-year agreement with Jazz Tech, a Brazilian fintechcompany backed by Arbi Bank, where Jazz Tech will serve as the virtual card issuer for Sabre Direct Pay in Brazil.
The rise of virtual payments in South America offers benefits for the UK and European travel markets, facilitating easier cross-border payments to improve customer experience
This move will help travel businesses tap into new revenue streams and reach a broader customer base.
Sabre Direct Pay’s growth in South America will help meet the growing demand for secure, digital payment solutions in the region.
“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 of Sabre Direct Pay.
“The platform integrates directly into existing workflows, providing access to both prepaid and credit card options that improve payment acceptance.
“With automated processing and real-time reporting, agencies can enhance supplier relationships through timely, secure, and transparent transactions”.
José Roberto Kracochansky, founder and CEO at Jazz Tech, said: “Integrating with Sabre Direct Pay enhances our ability to deliver tailored financial solutions to the travel industry.
“Our API-driven ecosystem is designed to provide businesses with scalable and secure payment capabilities, ensuring travel agencies can access seamless virtual card issuance, automated reconciliation, and improved cash flow management – thanks to Sabre’s deep expertise in travel technology.”
This agreement marks a step forward in providing Brazilian travel agencies with advanced payment solutions, improving transaction security and efficiency across the industry
