#USA #Barcelona #payment solutions #Sabre #SUNRATE

SUNRATE and Sabre Strengthen Travel Payment Solutions

In a notable development in the travel industry, SUNRATE, a leader in global payment and treasury management solutions, has announced an enhanced strategic collaboration with Sabre, a prominent player in travel technology, during the Phocuswright Europe 2026 event in Barcelona.

This partnership aims to provide comprehensive end-to-end payment solutions tailored specifically for travel companies worldwide. Given the complexities associated with global travel transactions, the collaboration allows Sabre's network of travel providers to manage their payment processes more efficiently.

Comprehensive Payment Ecosystem

SUNRATE's robust ecosystem will now support Sabre’s payment initiatives by integrating a wide range of functionalities, including both issuer and non-issuer services. These services encompass commercial card solutions, international payments, foreign exchange transactions, and global collection services. This integration is designed to help travel companies utilizing the Sabre platform streamline their entire payment cycle.

By offering solutions that extend beyond just issuing capabilities, the partnership enables travel providers connected through Sabre to optimize cross-border transactions. This not only enhances working capital management but also reduces operational complexities across diverse markets.

Responses from Leaders

Paul Meng, co-founder and CEO of SUNRATE, emphasized the inherent challenges in global travel payments, stating, "Travel is inherently global, and so are the challenges associated with payment processing. Our partnership with Sabre reflects our shared vision of providing more comprehensive payment options by bringing together a wide range of global payment solutions to better meet the evolving needs of travel companies worldwide."

Furthermore, Patricio Boccardo, General Manager of Sabre Payments, echoed the sentiments about the necessity for intelligent payment processes, remarking, "The modern travel trade is becoming increasingly sophisticated and global, and so too must our payment processing capabilities. By expanding our collaboration with SUNRATE, we are enhancing the payment capabilities available through Sabre, thereby allowing travel companies to process payments across borders, currencies, and transaction types with the flexibility and control required for secure global operations."

Global Outreach and Communication

To ensure the success of this initiative, Sabre has committed to amplifying the collaboration through its extensive global communication channels. The focus will be on raising awareness within its expansive network of airlines, hotels, travel agencies, and partners worldwide, thereby fostering an ecosystem conducive to enhanced payment functionalities across regions.

About SUNRATE

Founded in 2016, SUNRATE has established itself as a leading global payment and treasury management platform, facilitating both local and global operations for businesses in over 190 countries and regions. With offices strategically located in key markets such as Singapore, Kuala Lumpur, Jakarta, Hong Kong, Shanghai, and London, SUNRATE collaborates with leading financial institutions like Citibank, Standard Chartered, Barclays, and J.P. Morgan. Additionally, it serves as a Principal Member of Mastercard and Visa, ensuring a robust framework for its operations.

For those interested in learning more about SUNRATE and their innovative solutions, further information can be found at sunrate.com.