Date: May 10, 2024
Source: fintechnews.ae
Great news for travel businesses! Checkout.com and Mastercard have joined forces to provide online travel agents with a powerful payment solution that simplifies transactions and unlocks new revenue potential.
Through Mastercard’s Wholesale Program, OTAs can now leverage virtual cards to pay suppliers more efficiently, while also benefiting from reduced costs and higher conversion rates. This innovative approach streamlines the payment process and fosters a smoother customer experience.
Both Mastercard and Checkout.com are excited about this collaboration. Mastercard offers its extensive network and proven solutions for B2B travel payments, while Checkout.com brings its unified acquiring and issuing platform to the table. Together, they empower OTAs to optimize cash flow and unlock new growth opportunities.
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