FinMont, a global payment orchestration platform, has partnered with Pax2pay, a prominent digital payment provider, to offer advanced B2B virtual card payment solutions to travel merchants across Europe. This collaboration aims to revolutionize B2B payments in the travel industry, streamlining processes and helping businesses differentiate themselves from competitors.
Founded by the creators of Hahn Air, FinMont is committed to providing a unique payment solution that goes beyond traditional B2C payments. With a single platform, FinMont combines both B2C and B2B payments, enabling decision-makers in the travel industry to identify and address inefficiencies in their current payment processes. The company’s mission is to empower travel merchants to strategically leverage payments, gaining a competitive edge in the market.
Pax2pay, a leading provider of B2B payment solutions, offers a comprehensive suite of payment methods to online travel agencies (OTAs), airlines, hotels, and other travel businesses. Their services include virtual card issuing, bank transfers, account creation, and accounts payable technology. By utilizing Pax2pay’s digital payment solution, travel businesses can optimize revenue, enhance security, streamline reconciliation, and improve overall financial control.
The FinMont platform serves as a simple gateway, seamlessly connecting multiple banks and providers. Through the partnership with Pax2pay, FinMont will be able to offer their European clients access to the market-leading virtual card solution, expanding and improving the FinMont payment ecosystem while simplifying the payment process for merchants.
Suby Valluri, CEO of FinMont, expressed excitement about the partnership, stating that it strengthens their proposition in Europe and enables them to provide clients with the exceptional benefits of Pax2pay’s virtual card solution. As part of their global strategy, FinMont will continue to integrate with leading banks, payment providers, and fraud prevention systems to offer an unparalleled payment solution to the travel industry.
Tony Hart, Chief Sales Officer of Pax2pay, also expressed enthusiasm about the partnership, highlighting FinMont’s unique payment solution that addresses the specific challenges and needs of the travel industry. Together, FinMont and Pax2pay aim to empower European clients with the advantages of Pax2pay’s digital payment offering, ultimately improving B2B payment solutions for travel merchants.
The source of the article is from the blog windowsvistamagazine.es