1. Ingeniería

NEWS MEDIA RELEASE
Sabre Pacific set to transform credit card transactions in travel with new
Virtual Payment solution launching today
SYDNEY, Australia, Feb 2, 2015 – Travel technology leader Sabre Pacific has launched a
new Virtual Payment capability in preparation for a future free of plastic card transactions.
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 chargebacks 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 Payments App works:
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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 a 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.”
# ENDS #
About Sabre Pacific
Sabre Pacific is a leader of technology to the travel industry in the South Pacific region. With offices in
Sydney, Brisbane, Melbourne, Perth, Adelaide and Auckland, Sabre Pacific is responsible for serving
Sabre Travel Network products and content to around 2000 agency locations in this region.
Sabre Pacific is wholly-owned by Abacus International, Asia-Pacific's leading provider of travel solutions
and services with more than 20,000 travel agency locations in 31 markets. With over 26 years of
experience in fusing international best practices and local expertise with global and local partnerships,
Abacus provides travel information and reservations specifically tailored to the Asia-Pacific
region. Abacus International is jointly owned by Sabre Holdings and a consortium of some of Asia's
leading airlines.
More information on Sabre Pacific can be found at: http://www.sabrepacific.com.au/.
Follow Sabre Pacific on Facebook, YouTube and LinkedIn.
About Conferma
Conferma is an expert in Virtual Card Number (VCN) technology for the settlement and reconciliation
of corporate travel bookings. Conferma’s VCN technologies enhance operational efficiencies and drive
cost savings, whilst providing tighter payment controls and offering detailed and accurate data on
corporate travel expenditure. Conferma first launched its payment platform in 2004 and is privately
owned.
For more information please visit www.conferma.com. Follow Conferma on Twitter @Conferma.
For more information, please contact:
Greer Krige
+61 (0)407752043
[email protected]