Sabre Virtual Payments selected as Simplenight's exclusive
B2B payment provider
SOUTHLAKE, Texas, Feb. 9, 2023
/PRNewswire/ -- Sabre Corporation (NASDAQ: SABR), a leading
software and technology provider powering the global travel
industry, and Simplenight, a leader in dynamic packaging,
merchandising and Internet Booking Engine (IBE) technology,
announce a multi-year strategic technology agreement.
Simplenight, a B2B omnichannel commerce platform, provides
customized booking solutions and extensive travel content across
more than 30 categories such as air, lodging, car, tours,
attractions, events, and dining to an extensive network of demand
partners.
Under the agreement, Simplenight will benefit from Sabre's
extensive travel ecosystem including its wide geographic scope and
breadth of travel content, which includes air, lodging, ancillary
and NDC content. In addition, Simplenight will exclusively utilize
Sabre Virtual Payments as its B2B payment provider, bringing them
payment flexibility and control, increased fraud protection and
security, accurate reconciliation and better automation and
efficiency.
Mark Halberstein, founder and CEO
of Simplenight, says "Sabre is the right partner to help
Simplenight scale our technology to bring even more customer value,
insights and loyalty to other travel agencies. Sabre's payment
solutions and travel content APIs are the foundation for this
successful partnership that translates into happier customers with
more choices and opportunities."
Sabre Virtual Payments is a state-of-the-art payment gateway
that allows a single point of integration between an OTA or travel
agency and multiple issuers and booking tools. It is one of the
largest virtual card offerings for B2B payments in the market and
enables access to seven global issuers and more than 70 local
issuers.
"We look forward to partnering with Simplenight and helping them
achieve their growth and business goals. Sabre's travel and payment
solutions will help Simplenight deliver differentiated solutions to
their customer base," said Roshan
Mendis, chief commercial officer for Sabre Travel Solutions.
"Sabre aims to modernize retailing, unlock revenue
opportunities, and improve the traveler experience."
Sabre and Simplenight's strategic partnership supports
technology innovation to help travel companies increase customer
loyalty and drive revenue, creating a turn-key travel planning and
booking experience for the end-user.
About Sabre Corporation
Sabre Corporation is a leading
software and technology company that powers the global travel
industry, serving a wide range of travel companies including
airlines, hoteliers, travel agencies and other suppliers. The
company provides retailing, distribution and fulfilment solutions
that help its customers operate more efficiently, drive revenue and
offer personalized traveller experiences. Through its leading
travel marketplace, Sabre connects travel suppliers with buyers
from around the globe. Sabre's technology platform manages more
than $260B worth of global travel
spend annually. Headquartered in Southlake, Texas, USA, Sabre serves customers
in more than 160 countries around the world. For more information
visit www.sabre.com.
About Simplenight
Simplenight is a global technology
company building innovative enterprise solutions including
customizable bookability, cloud-based distribution, dynamic
packaging and merchandising. Simplenight customizes API and
white label booking solutions and powers user interfaces with
universal API. Simplenight helps consumers book any experience as
merchant of record and ensures bookability and streamlines the
integration process. Customers receive personalized recommendations
and partners gain supreme data insights to drive loyalty and
customer lifetime value. www.simplenight.com
SABR-F
Sabre Contacts:
Media
Kristin Hays
Kristin.hays@sabre.com
Heidi Castle
heidi.castle@sabre.com
Investors
Kevin Crissey
Sabre.investorrelations@sabre.com
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SOURCE Sabre Corporation