#None #Travel Payment #SUNRATE #Juniper Travel Technology

SUNRATE and Juniper Travel Technology Unite for Enhanced Global Travel Payments

In a significant move for the global travel industry, SUNRATE, the leading payment and treasury management platform, has announced a strategic alliance with Juniper Travel Technology, an international provider of travel technology solutions. This partnership marks a crucial development aimed at advancing the capabilities and efficiency of payment solutions tailored for travel companies.

The collaboration is set to integrate SUNRATE's innovative cross-border payment features and corporate card issuance into Juniper's travel technology ecosystem. This enhancement is expected to empower travel businesses, including tour operators, online travel agencies (OTAs), wholesalers, and accommodation providers, to streamline their payment processes across various operational facets.

One of the standout features of this integration will be the issuance and processing of cards in over 15 currencies, offering travel companies flexibility in managing their international transactions. By setting smart expenditure limits, businesses will have full control over their spending, effectively mitigating the risk of over-expenditure.

Further strengthening this collaboration, the partnership will also focus on reducing fraud through customizable security settings, which are critical for preventing unauthorized transactions. Real-time generation of transaction statements will ensure that different reconciliation requirements can be met seamlessly, allowing businesses to run their financial operations smoothly.

Moreover, the optimization of foreign exchange rates will serve to counteract currency risks in the increasingly volatile global market. With the capability to capture business payments in more than 30 currencies, travel companies can operate with enhanced efficiency and confidence in their financial dealings.

Paul Batchelor, the Head of Business Development for Europe at SUNRATE, highlighted the critical nature of payment processes in one of the most interconnected industries worldwide. He stated, "In a sector where payments and currency transactions can become bottlenecks, our partnership with Juniper merges top-tier travel technology with next-generation cross-border payment infrastructure, aiding travel companies in their global expansion endeavors."

Toni Reina, Director of Partnerships at Juniper, expressed enthusiasm about the collaboration, stating, "We are excited to work with SUNRATE to provide our customers with a more efficient, transparent, and globally integrated solution for managing supplier payments. Integrating SUNRATE's functionalities into our platform adds substantial value to our offerings and reinforces our commitment to digital innovation."

The partnership will initiate a phased rollout for existing clients, with additional product expansions planned for 2026 and beyond. As the travel ecosystem becomes increasingly digitalized and interconnected, this collaboration positions both SUNRATE and Juniper to offer comprehensive end-to-end solutions that will optimize global bookings, supplier management, and cross-border financial transactions.

About SUNRATE

Founded in 2016, SUNRATE is a global payment and treasury management platform empowering businesses across the world. Recognized as a leading solution provider, SUNRATE leverages its state-of-the-art proprietary platform, extensive global network, and robust APIs to enable operations and scale for companies in over 190 countries. The company is headquartered in Singapore, with offices in Hong Kong, Jakarta, London, and Shanghai. SUNRATE collaborates with major financial institutions like Citibank, Standard Chartered, Barclays, and J.P. Morgan and is a primary member of Mastercard, Visa, and the Unified Payments Interface (UPI). For more information, visit sunrate.com.

About Juniper Travel Technology

Juniper Travel Technology is a leading provider of travel technology solutions, delivering top-notch online solutions for tour operators, wholesalers, destination management companies (DMCs), OTAs, bed banks, airlines, and cruise lines, among others. With over 20 years of industry experience and more than 550 trusted clients, Juniper prides itself on having the most extensive connectivity portfolio on the market, featuring over 1,500 XML integrations with external providers. With a dedicated team of more than 400 professionals, Juniper is committed to delivering exceptional service to clients and suppliers alike. The company has significantly expanded its business in recent years by acquiring leading travel technology companies to drive innovation in the evolving tourism sector, including Dome Consulting, IST Cruise Tech, Lleego, RezMagic, and Vervotech. To learn more about Juniper, visit ejuniper.com or follow them on LinkedIn and YouTube.