The Pacific Asia Travel Association (PATA) has announce a new preferred partnership with Flywire, a global payments enablement and software company with significant experience in the travel industry.
“Flywire’s travel payment platform is proven to solve vertical-specific payment and receivables problems for organizations that deliver high-value services,” said PATA CEO Liz Ortiguera.
“Our partnership with Flywire can assist our members in enhancing their international payment processes.”
Flywire brings industry-leading expertise to the PATA community to solve today’s complex travel payments and reconciliation challenges. Their focus travel segments include Destination Management Companies (DMCs), Travel Operators as well as Accommodation Providers.
Some benefits of Flywire for those in the travel industry include:
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Providing options for guests to pay in their local currency, with competitive exchange rates and various payment methods, because of Flywire’s proprietary global payments network.
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Receiving timely payments in full, with processing automated by Flywire’s platform to eliminate short-balance payments.
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Digitized invoicing, automated payment tracking and reconciliation.
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Low payment fees, often leading to significant cost savings.