😱More about "Visa": the payment giant revolutionizes business travel payments

😱More about "Visa": the payment giant revolutionizes business travel payments

Visa has partnered with Qashio, a UAE-based company specializing in expense management solutions, to transform the landscape of business travel payments. The initiative, backed by an estimated $27 million USD investment, marks a strategic move by both companies to enhance corporate travel payment solutions globally.

➡️ What are they developing?
An innovative B2B travel payment service.

➡️ What does it involve?
The collaboration revolves around the Visa Commercial Choice Travel program, which simplifies corporate travel-related payments and offers comprehensive global coverage, including the UAE, the broader Middle East, Europe, and the 🇬🇧 UK.

➡️ Travel industry businesses will be able to use Qashio cards, enabling transactions in multiple currencies, such as UAE dirhams, Saudi riyals, euros, US dollars, and British pounds. These cards will be issued in the UAE.

➡️ User benefits:
The program facilitates seamless payments across regions, automated reconciliation tools, optimized payment processes, and improved liquidity. Additionally, Visa Commercial Choice Travel will provide real-time data analytics to monitor cash flows and support budget planning.

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