Visa has announced a strategic global partnership with Sabre that will allow the technology provider for the travel industry to utilize CyberSource, Visa’s payment management platform.
The partnership will enable Sabre to offer integrated travel reservation and fraud management solutions to airlines, hotels, travel agencies and other travel organizations worldwide. Currently, more than half of the world’s top 50 airlines already use CyberSource solutions for fraud and payment management.
With the platform, Sabre will provide a full suite of payment acceptance, fraud management and authentication services to its customers. It will also help organizations in the travel industry to streamline operations, defend from fraud and provide easier customer experiences at the digital point of sale.
“We are excited to integrate into the CyberSource platform and take advantage of Visa’s payment management capabilities for our industry partners,” Rodrigo Celis, vice president of product management at Sabre, said in a press release. “This collaboration will allow our industry partners to manage fraud more efficiently and process more forms of payment, ultimately creating a better purchasing experience for our customers worldwide.”
One of the main solutions through the CyberSource platform is Decision Manager, a fraud management platform based on the world’s largest fraud detection radar. With it, travel companies will be able to identify fraud faster, more accurately and with less manual intervention.
In addition, Sabre’s customers will be able to utilize the wide Payment Acceptance features of the CyberSource platform. Airlines and travel partners will have access to the platform’s payment gateway services, which connect to approximately 120 acquirers and processors in over 190 countries and territories and funds in over 50 currencies. This enables clients to be able to process digital payments anytime and from anywhere, as well as deploy new digital payment options for customers, including Visa Checkout and other digital and mobile payment methods.
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