back Back

Paysafe and Virgin Voyages partner for online payments

By Edlyn Cardoza

November 29, 2022

  • chargebacks
  • Credit Risk Management
  • Online Payments
Share

Paysafe, Virgin Voyages, Online Payments, Travel Payments, Risk Management, Credit Risk Management, T&E Risk Monitor, Chargebacks, USAPaysafe, one of the leading payments platforms, today announced a partnership with Virgin Voyages, Richard Branson’s lifestyle travel brand focused on delivering cruise vacations for adult travelers. Paysafe will ensure travelers can quickly and securely pay online for their next cruise with Virgin Voyages, whose payments risk will also be mitigated by Paysafe’s bespoke travel solution.

“Virgin Voyages is strongly focused on giving our Sailors the vacation of a lifetime, and this covers every aspect of their experience including booking their trip and making safe and secure online payments. Our partnership with Paysafe has helped create a smooth and seamless process,” said John Birdsall, Senior Director of Corporate Accounting at Virgin Voyages.

Whether booking an opulent Virgin Voyages cruise in the Caribbean, Europe, or the South Pacific and Transatlantic crossings, travelers can now use their credit card to pay online to book their exclusively adult seabound vacation through Paysafe, with all transactions processed seamlessly. With 20+ years of card-not-present payments experience, including for travel merchants, Paysafe will allow Virgin Voyages to better serve its global customer base by accepting payments in multiple currencies besides the U.S. dollar.

The relatively high-risk nature of cruise travel payments – with cruises often booked many months in advance of travelers’ setting sail – will be mitigated by Paysafe, which has deep expertise in risk management for travel merchants. Paysafe’s custom risk product for Virgin Voyages leverages Actuary’s T&E Risk Monitor to provide the merchant full transparency on the holdback and release of funds for processed ticket sales, ensuring effective credit risk management.

Paysafe will also help Virgin Voyages negotiate the issue of fraud and chargebacks through its dedicated in-house risk and chargeback teams. In addition, a Cruise Line Relationship Manager at Paysafe will enable Virgin Voyages to overcome specific payments challenges.

Afshin Yazdian, President of Merchant Solutions at Paysafe, said, “We’re delighted to partner with Virgin Voyages, the latest venture from the iconic Virgin Group and its co-founder Richard Branson. We look forward to supporting this unique travel brand’s growth by leveraging our travel payments experience to facilitate the reservation process for Virgin Voyages and its customers.”

Previous Article

November 29, 2022

Jingle Pay announces strategic partnership with Mastercard

Read More
Next Article

November 29, 2022

MANGOPAY acquires Nethone to help marketplaces combat fraud

Read More






IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

Today

FOURSOURCE taps Mangopay to enhance textile marketplace experience

Read More

Today

JCB expands Google Pay acceptance in Japan for Android users

Read More

Today

Streamlining Salaries: 5 flexible Payroll solutions for UK businesses

Read More

Related Reports

Sales League Table Report 2024
Know More
Global Digital Banking Vendor & Landscape Report Q3 2024
Know More
NextGen WealthTech: The Trends To Shape The Future Q4 2023
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q1 2024
Know More