FinMont will offer international travel merchants more payment options with the integration of TPG’s cash payment and e-voucher solutions. Credit: fizkes/Shutterstock.

Global payment orchestration platform FinMont has joined hands with The Payments Group (TPG), a payment solution provider, to advance its payment ecosystem.

This collaboration will enhance FinMont’s payment ecosystem by integrating TPG’s cash and e-voucher payment solutions, offering improved payment capabilities for FinMont’s global network of travel industry merchants.

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It is significant for FinMont, founded by the creators of Hahn Air, aiming to streamline B2C and B2B payments in the travel industry.

This integration of payment systems into a single view is intended to help decision-makers pinpoint and rectify inefficiencies in their payment processes.

TPG CEO and founder Jens Bader said: “Our partnership with FinMont enables us to bring our innovative cash and evoucher payment solutions to a wider range of travel merchants. We give merchants all the resources they need to succeed in the competitive world of ecommerce and start taking payments as quickly as possible.”

TPG has made advancements in cash payments for e-commerce with its CashtoCode service. CashtoCode ensures that cash remains an inclusive payment option in the digital economy.

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With the integration of TPG’s cash payment and e-voucher solutions, FinMont will provide its international travel merchants with a wider array of payment options.

This move aims to cater to a more diverse customer base and reduce the complexities associated with payment processing.

The platform offers an end-to-end omnichannel travel payment management solution that is unique in its comprehensive approach to handling both consumer and business payments.

FinMont CEO Suby Valluri said: “Cash payments continue to play a crucial role in many parts of the world, and by integrating CashtoCode, we can help travel merchants reach more customers, reduce friction in payment processes, and ultimately drive growth.”

In February this year, FinMont partnered with B2B payments platform ConnexPay to add its all-in-one payment solution to FinMont’s travel orchestration platform.