Sabre Pacific set to transform credit card transactions in travel with new Virtual Payment solution launching today

From today Sabre Pacific travel agents adopting the innovative app can sell hotels using "virtual card numbers" (VCNs), gaining a wealth of benefits in terms of productivity, security and control.

Powered by specialist VCN technology partner Conferma, the new Sabre Virtual Payment App makes each transaction unique, reducing the risk of fraud. The technology also aligns with clients' policies on corporate governance: dynamic credit limits, charge validity dates and merchant category restrictions are automatically applied.

"Virtual Payment makes the whole process of managing hotel invoices touchless, with the transactions captured instantly through Sabre Red Workspace. No time-consuming charge-backs or manual reconciliation," said Jeremy van de Klundert, Managing Director of Sabre Pacific. "And there is no need to change banking partners, Sabre connected customers, or their clients just need an account with AirPlus, eNett or WEX to provide the virtual cards."

How the Sabre Virtual Payment App works

  • When agents book a hotel in Sabre, the Virtual Payment app generates a virtual card and loads it into the booking
  • An automated hotel voucher is sent as soon as the room is booked
  • The app then settles the virtual credit card payment with a unique VCN, used just once and only by the merchant it was issued to
  • Expenditure policies are enforced as agents can set the credit limits per transaction
  • Full details are tracked and reported online
  • The virtual payment is automatically matched, without the need for credit card authorisations or direct bill applications

"Virtual Payment will make a material difference to Australia's travel trade," said Simon Barker, CEO of Conferma. "Our proven success in the payment and settlement space combined with Sabre Pacific's dominant market presence mean we can deliver all the benefits, not just to the wider travel agent community but also the hotel sector which will now receive immediate and secure payment on guest departure."

Van de Klundert added, "Launching in Australia first, this latest Sabre Red app is another example of our commitment to travel's evolution in this region. We are thrilled to be working with Conferma - and look forward to breaking new ground with virtual payments."