Online travel
Accelerate travel supplier payments, optimize cash flow, and reduce the risk of fraud.
The problem
Online travel agencies need real-time payment solutions to pay their hotel, airline, and car rental partners without tying up their operating capital. This highly competitive industry demands the lowest prices and error-free payments.
The solution
Modern virtual cards can make funds available for payments in real time as transactions are approved. This eliminates the need for prefunding cards and reduces the risk of error and fraud. Visibility into transaction data provides a better understanding of customer behavior for more effective rewards programs.
How it works
See how Marqeta creates card programs for online travel
Key benefits for online travel
Virtual cards
Pay travel suppliers instantly by issuing a virtual card for each booking.
Spend controls
Control supplier payments by adjusting for inventory markup and pay the supplier less than what is collected from the traveler.
JIT (Just-in-Time) Funding
Avoid prefunding cards and tying up capital. Pay in real time, optimize cash flow, and manage peak volumes without exceeding credit limits.
Dynamic spend controls + Gateway JIT
Apply your own rules and participate in transaction authorization in real time.
Inject metadata into each transaction record
Automate reconciliations by appending matching metadata, such as the Booking ID, to the transaction record as purchases are authorized.
APIs to email/fax virtual cards
Work with your supplier’s existing payment infrastructure.
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