SUNRATE, an intelligent global payment and treasury management platform announced today at Bavel Travel Summit 2024, that it has entered into a partnership with Voxel, an Amadeus company and a leading provider of electronic invoice and B2B payment solutions for travel sellers, hotels, and other travel players.
The partnership builds on the virtual card issuing engine and know-how of SUNRATE, which will join Bavel Pay, Voxel’s payment solution, and will enable Voxel and its clients to scale and expand in the Asia-Pacific region seamlessly, given that SUNRATE VCCs allows the settlement of card spends in more than 15 currencies. Voxel’s technology offers its clients access to a wide range of payments services for travel sellers and a more automated electronic way to manage invoices for tour operators, TMCs, hotel aggregators, and hotels.
The partnership also brings SUNRATE commercial cards into Voxel’s suite of payment options, enabling Voxel’s partners to optimise payments by selecting the payment method that is most appropriate for each transaction type.
Coco He, General Manager, SUNRATE said, “SUNRATE has been revolutionising travel B2B payments and this partnership with Voxel puts us firmly on track to be the one-stop B2B partner for the travel industry as we remain committed to continuously innovate our online travel solution offerings.”
Hector Martin, Vice-president of Global Sales at Voxel said “Thanks to the incorporation of SUNRATE into our Bavel Pay payment provider hub, we expand our offering to all our clients by giving them access to a partner specialized in the Asia-Pacific region”. Martín also said “This agreement is just another step in our strong commitment to simplifying payments in the travel industry, allowing each client to use the service that best suits their needs and currency zone in which they operate.”
SUNRATE is certified to the international financial data security standard: Payment Card Industry Data Security Standard (PCI DSS) Level 1.
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