GetThere online booking tool integrates SVP

SOUTHLAKE, Texas, March 17, 2015 -- Sabre Corporation (SABR) together with their payment technology partner Conferma, today announced the integration of Sabre Virtual Payments, an industry-leading payment and settlement integration tool, into GetThere, its corporate online booking system. The integration of virtual payments at the point of sale will help travel management companies and corporate travel departments improve efficiency, compliance and security.

The automated solution assigns a single-use, unique virtual credit card number to an individual hotel reservation. Travel policies are preset at the employee or contractor level and attached to the booking, so the Virtual Card Number (VCN) can only be used to pay for predetermined expenditures and with preset spending limits. Upon completion of a traveler's trip, automated matching of the booking to payment eliminates the need for manual reconciliation and settlement of hotel travel expenses. Airfare expense reconciliation and settlement capabilities will be added in the coming months.

"Integrating Sabre's Virtual Payments with GetThere improves accuracy, efficiency and compliance by enforcing travel policy spending limits and automating expense reconciliation," said Yannis Karmis, vice president, Sabre Corporate Solutions. "Additionally, fraud exposure is reduced as virtual card numbers can be configured to contain value and validity controls specific to each travel segment."

GetThere is one of the leading booking systems in North America. It is currently used by nearly half of the top 100 largest corporate travel buyers, and processes more than 12 million transactions.