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Visa, Qashio join forces on B2B travel payments  

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Visa, Qashio join forces on B2B travel payments  

The solution will empower travel companies to obtain Qashio cards, facilitating transactions in multiple currencies such as AED, SAR, USD, EUR, and GBP. Credit: Prostock-studio/ Shutterstock.

Visa has collaborated with spend management solutions provider Qashio to launch a B2B travel payments solution, according to a press release posted on Zawya. 

This new Visa Commercial Choice Travel programme leverages Visa payment infrastructure.  

It is said to support the travel industry across the UAE, MENA, Europe, and the UK, with Visa allocating over AED 100m for the programme’s expansion in the coming years. 

The solution will empower travel companies to obtain Qashio cards, facilitating transactions in multiple currencies such as AED, SAR, USD, EUR, and GBP, all issued from the UAE.  

It is integrated with global travel management companies and their booking tools, including global distribution systems (GDS) to ensure secure travel booking and payments. 

The aim is to simplify operational complexities, lower expenses, and assist companies in managing their travel payments. 

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This solution will also offer real-time data insights and analytics, enhancing cashflow tracking and budgeting accuracy.  

Additionally, Qashio’s direct-to-ERP integrations will enable reconciliation of booking transactions. 

Launched in 2022, UAE-based Qashio has been providing business finance solutions in the MENA region.  

Qashio CEO and co-founder Armin Moradi said: “We recognise that the Travel & Tourism industry is key in the region however the travel companies are underserved with strong technical payment solutions that work in their favour, we are creating a one-stop platform that simplifies the corporate travel experience for our clients, allowing them to focus on what truly matters – growing their businesses.” 

Visa UAE VP and country manager Salima Gutieva stated: “Visa is delighted to partner with Qashio in bringing this innovative solution that leverages Visa’s technology, extensive network, and data analytics. This partnership reflects our commitment to providing secure and seamless payment solutions that enable the digital transformation and improve efficiencies of travel and tourism companies.” 

Last month, Visa completed its acquisition of transaction monitoring firm Featurespace. 


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