SUNRATE taps Outpayce from Amadeus to boost B2B travel payments

By Gloria Mathias

SUNRATE, an intelligent global payment and treasury management platform, has announced a partnership with Outpayce from Amadeus to improve and automate the B2B payments experience for travel companies globally, focusing on the Asia-Pacific (APAC) region.

As part of the partnership, travel sellers, such as Online Travel Agencies (OTAs) and Travel Management Companies (TMCs), will be able to generate and use SUNRATE’s virtual cards for their business payment needs, such as payments to airlines, hotels and other suppliers via Outpayce B2B Wallet.

This partnership builds on a new strategic relationship to offer a fast, secure, and automated way to pay and get paid through Outpayce B2B Wallet with virtual payment technology offered through Mastercard.

Travel sellers are also able to scale and expand seamlessly in the Asia-Pacific region, given that SUNRATE virtual cards allow the settlement of card spending in more than 15 currencies.

Coco He, General Manager of SUNRATE, said, “SUNRATE remains committed to continuously innovating our online travel solution offerings, and this partnership with Outpayce puts us firmly on track to be the one-stop B2B partner for the travel industry.”

Claudio Santos, Head of Commercial, Travel Sellers, Outpayce from Amadeus, said, “At Outpayce, we are committed to providing a wide range of virtual card options within B2B Wallet so agencies can pay suppliers according to their strategy. SUNRATE-issued cards provide compelling new options across the APAC region that will benefit our travel seller community.”

SUNRATE is certified to the international financial data security standard: Payment Card Industry Data Security Standard (PCI DSS) Level 1.

With its global business headquarters in Singapore and offices in Hong Kong, Jakarta, London and Shanghai, SUNRATE partners with global financial institutions such as Citibank, Standard Chartered, Barclays, and J.P. Morgan and is the principal member of both Mastercard and Visa.