Transforming Global Travel Payments: Sunrate and Netstorming's Strategic Partnership

Transforming Global Travel Payments: Sunrate and Netstorming's Strategic Partnership



In a significant move to enhance the payment landscape for global travel enterprises, Sunrate, a prominent player in payment and treasury management, has announced a strategic partnership with Netstorming, a distinguished technology and software development firm specializing in the travel sector. This collaboration was unveiled at the World Travel Market in London 2026, marking a pivotal step towards transforming how travel businesses manage their payment processes.

The essence of this partnership lies in enabling travel companies to access Sunrate Cards through Netstorming’s extensive network, granting them more flexibility and variety in handling B2B travel payments. Paul Meng, Co-founder and CEO of Sunrate, elaborated on the partnership by stating, “As we continue to evolve in the global travel payments sector, we see vast opportunities to provide more intelligent solutions that resonate with the fast-changing nature of the industry. Our latest offering, the Agentic Card, signifies our commitment to this direction.”

By integrating Sunrate Cards into Netstorming’s suite of solutions, travel businesses will be equipped to utilize these cards for various transactions, including payments to suppliers. This innovation is particularly beneficial for companies operating across borders as it enables better control over payment flows with configurable spending parameters, heightened security features, and real-time visibility into transactions.

A notable advantage of Sunrate Cards is their support for settlements in over 16 currencies. This capability facilitates seamless operations across different markets while mitigating the complexities associated with traditional payment methods. In Paul Batchelor's words, the Head of Business Development at Sunrate in Europe, “Travel is one of the most interconnected industries globally, and its payment systems must advance accordingly. Our alliance with Netstorming merges their profound expertise in travel technology with our robust payment capabilities to offer a more efficient management model for supplier payments.”

Netstorming’s CEO and Co-founder, Nicola Rizzardini, emphasized the synergy between the two companies, stating, “Our core network is fundamental to our operations. With Sunrate's advanced solutions, we can provide our customers with enhanced flexibility and expanded distribution options. Together, we will bolster B2B connectivity and open up new avenues in the tourism sector.” This partnership marks a stride in establishing better frameworks within the global travel technology ecosystem.

Sunrate has continually formed partnerships with leading travel technology and payment platforms to expand its services, covering areas like card issuance, international payments, global collections, acquiring, and treasury services. Founded in 2016, Sunrate operates in more than 190 countries, providing businesses with the infrastructure necessary for both local and global growth. They collaborate with top financial entities, including Citibank and J.P. Morgan, to ensure their services meet the dynamic needs of the market.

On the other hand, Netstorming, established in 2004 in Italy, has built a reputation in the travel industry through its inventive software solutions and a commitment to meeting the demands of international operators and travel agencies. Their product offerings include the TOWeRS online booking system, a centralized API/XML hotel integration solution called BRIDGE, and an online accounting management system named MIDA, all aimed at streamlining operations within the tourism sector.

As travel continues to resume globally, innovations in payment solutions are critical. The partnership between Sunrate and Netstorming is poised to reshape the means by which travel companies conduct business, fostering efficiency, flexibility, and growth opportunities within an increasingly interconnected marketplace. This collaboration showcases how technology and finance can work together to enhance the travel experience, making B2B payments not just simpler, but more secure and scalable as well.

Topics Travel)

【About Using Articles】

You can freely use the title and article content by linking to the page where the article is posted.
※ Images cannot be used.

【About Links】

Links are free to use.