Amadeus has launched Amadeus B2B Wallet Prepaid, a prepaid
virtual card service. The solution reduces the risk of fraud and improves the
reconciliation of sales, according to the company.
B2B Wallet Prepaid is being rolled out to customers in
Europe. Amadeus said it is in discussions with other customers.
The solution is comprised of two virtual cards linked to
the same account. The first earns agencies a rebate on the amount they spend.
The second lets them make automatic payments to suppliers and helps them avoid surcharges
that some merchants charge on card transactions.
In addition to fraud reduction and improved sales
reconciliation, Amadeus said the B2B Wallet Prepaid protects agencies in case
of supplier default.
“Amadeus brings an innovative approach which allows
travel agencies to boost savings and reduce payment-related costs to a
minimum,” said Celia Pereiro, Amadeus' head of travel payments. “Virtual cards
are widely accepted, so agencies can rest assured that they can use it for all
their providers — from low-cost carriers to car rental providers, hotels and
more.”