Juspay, a global payments technology company serving enterprises & banks, and Sabre Direct Pay, a division of Sabre Corporation, a leading software and technology company powering the global travel industry, today announced a strategic global agreement to transform payments for travel businesses and their customers. Key Highlights - Partnership: Juspay, a global payments technology company, and Sabre Direct Pay, part of Sabre Corporation, announced a strategic global agreement to modernize travel payments. - Objective: To deliver next-gen payment orchestration solutions across the global travel ecosystem, enhancing speed, security, and convenience for travelers. - Market Context: Online bookings are projected to reach $1.2 trillion by 2026, accounting for nearly 65% of all travel transactions. Innovations & Capabilities - Payment Orchestration: Combining Juspay’s orchestration technology with Sabre’s global network. - Sector-Specific Solutions: Access to local payment methods, optimized cross-border payments, seamless checkout, and intelligent promotion engines. - Security: Juspay will integrate its tokenization solution with Sabre Direct Pay, enabling secure transactions without handling sensitive card data. - Operational Efficiency: Streamlined reconciliation across multiple sources and faster go-to-market enablement for travel merchants. Leadership Insights - Sheetal Lalwani (Co-founder & COO, Juspay): Emphasized delivering fast, secure, seamless checkout experiences worldwide. - Patricio Boccardo (MD, Sabre Payments): Highlighted building critical infrastructure that reduces fraud, boosts conversion rates, and streamlines financial operations.
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