Sabre and its payment partner, Conferma, have enabled the
Sabre Virtual Payment solution for airline tickets. The tool is available to
agents in the Sabre Red Workspace.
The integration enables agents to generate virtual cards in
the payment process. The option to pay using virtual cards will be listed along
with previously existing payment methods: credit cards, cash and checks.
Sabre called virtual cards "the new black" for
airline ticket payments, noting agents' abilities to set credit limits and date
restrictions as well as define merchant categories. According to Sabre, virtual
cards help reduce the risk of fraud.
Year over year, the number of travel agencies using virtual
cards has increased 130%, Sabre said. That growth is expected to continue
"For each air ticket, the traditional forms of payment
challenge travel agents with high risk of fraud, exposing corporate accounts
and requiring extra time for reconciliation," Neil Fyfe, vice president of
Virtual Payments at Sabre, said in a statement. "A more secure and
efficient way to pay is now available for Sabre-connected agencies, and it is part
of the core reservation flow in the Sabre Red Workspace and Sabre APIs."