Technology firms Apiso and Sabre have teamed up to boost the adoption of virtual payments in the Middle East travel sector.
Under the long-term alliance, Apiso’s product offering will be promoted as the preferred payment tool for Sabre Virtual Payments’ Middle East clients.
Go deeper with GlobalData
Sabre EMEA vice president Salman Syed said: “Our partnership with Apiso helps us deploy Sabre Virtual Payments with flexible facilities such as multi-currency and multi-channel options, increase the value of our regional offerings in the Middle East and provide customers with a global payment solution that meets their specific payment needs.”
Sabre believes that the tie-up and technical integration with Apiso will scale payment transaction volume processed via its global distribution system as well as other technology solutions.
Apiso director Andrew Sims said: “Sabre’s virtual payment technology and its extensive distribution reach coupled with Apiso’s advanced technical solutions and payment integrations will enable us to jointly deliver compelling products to help regional and international travel companies to optimise their payments workflow, drive revenue and profitability.”
Last year, Sabre inked a strategic partnership with Visa to streamline travel payments.
Notably, Sabre agreed to acquire rival Farelogix in November 2018 for $360m.
However, the US Department of Justice filed a lawsuit earlier this month in order to block the acquisition citing competition concerns.
