Sabre Virtual Payments adopted as B2B payment provider.
SOUTHLAKE, TEXAS – Sabre Corporation, a leading software and technology provider powering the global travel industry, announced a multi-year renewal agreement with lastminute.com N.V., a European travel tech leader in dynamic holiday packages. Under the long-term technology agreement, lastminute.com expects to drive a better customer experience with Sabre’s advanced shopping and virtual payments solutions.
Using Sabre’s rich GDS content and Bargain Finder Max shopping API, lastminute.com will be able to build and display compelling itineraries for travelers in seconds. This will help enable the OTA to customize booking experiences by tailoring search results for the most relevant fares, based on itinerary preferences. “Sabre is foundational to lastminute.com’s technology strategy, and the support of our shopping and payment capabilities are areas that are keys in our partnership,” said Luca Concone, CEO, lastminute.com.
“We are in a strategic partnership that drives technology innovation to help travel companies increase customer loyalty and drive revenue, and in turn are creating a turn-key travel planning and booking experience for the end user.”
As a B2B payments provider to lastminute.com, Sabre Virtual Payments technology offers increased flexibility and control, enhanced fraud protection and security, accurate reconciliation, and better payment automation and efficiency.
“Lastminute.com has the ability to provide a seamless customer experience from shopping, booking and payment and that translates into the ability to gain more share of wallet for the online travel agency,” said Roshan Mendis, Chief Commercial Officer for Sabre Travel Solutions. “We help drive conversion with customer-centric technology and cloud-native microservices enabling more agility and shopping products to turbocharge the retailing experience.”
Through the Sabre GDS, lastminute.com will have access to more than 400 airlines, 1.6 million lodging options, and hundreds of tour operators, rail, and car rental providers to sell customized travel packages from suppliers around the world.
Theodore is the Co-Founder and Managing Editor of TravelDailyNews Media Network; his responsibilities include business development and planning for TravelDailyNews long-term opportunities.
