Qashio has announced its strategic partnership with Visa to launch Visa Commercial Choice Travel program for the first time in the region. With this innovative B2B Travel payments solution launch, Visa and Qashio will support the travel industry in the UAE, MENA, Europe & the UK, with global issuance capabilities by allocating over AED 100 million in the program in the coming years. The travel solution will allow travel companies to obtain Qashio cards and transact in different currencies including AED, SAR, USD, EUR and GBP issued from UAE enabling payments & settlements in multiple currencies. Qashio and Visa’s specialised solution will enable travel companies to digitize and automate their payments within the travel sector, optimizing their reconciliation and enhancing liquidity. The solution is seamlessly integrated with global travel management companies and their booking tools including Global Distribution Systems (GDS), making travel booking and payments seamless and secure. Leveraging Visa’s secure payment infrastructure, this partnership ensures high standards of protection for all B2B travel-related transactions. “We are committed to continue our joint growth with Visa, a global leader in payments innovation, to management,” said Armin Moradi, CEO and Co-Founder of Qashio. “We recognise that the Travel & Tourism industry is key in the region however the travel companies are underserved with strong technical payment solutions that work in their favour, we are creating a one-stop platform that simplifies the corporate travel experience for our clients, allowing them to focus on what truly matters – growing their businesses.” Salima Gutieva, Visa’s VP and Country Manager for UAE, “Travel and tourism are key sectors driving growth and diversification of UAE and the region’s economies. Visa is delighted to partner with Qashio in bringing this …
Read More »The Middle East’s tourism entertainment sector under the spotlight at ATM Virtual
Arabian Travel Market, organisers of ATM Virtual, will address the changes to the tourism industry amid the rise of online travel agencies (OTAs), the re-opening of operations post COVID-19 and its impact on tour and attraction operators across the Middle East. The session, OTAs and distribution for tours and attractions Post-COVID, which will take place on the opening day of ATM Virtual on Monday, June 1, 4 pm – 5 pm GST (1 pm – 2 pm BST), will be hosted by Douglas Quinby, Co-Founder and CEO of Arival, the global research authority on the tours, activities and attractions sector. Quinby will present exclusive new insights into the tours and attractions sector, which according to Arival represented US$254 billion in 2019, while outlining the impact COVID-19 has had on the industry and a global outlook. Representatives from some of the UAE’s leading attractions and tour operators will join Quinby during the session. These include Zeina Dagher, CEO, Emaar Entertainment, and Samir Mehta, General Manager, Arabian Adventures. Rounding out the panel are distribution and technology innovators AlaaAlkhatib, Managing Director, priohub, and Mathis Boldt, VP Global Sales and Supply, GetYourGuide. Danielle Curtis, Exhibition Director ME, Arabian Travel Market, said, “Tours, activities, and attractions are an integral element of the travel and tourism industry and are currently the third largest and fastest growing sector. They are, however, challenged by new technologies and innovations, and now, more than ever, businesses need the support to adapt to the new demands from travellers at a local and global level.” Douglas Quinby, Co-Founder and CEO, Arival, added, “Digital, distribution and venture-backed online platforms have been ushering in a dramatic change, from how travellers plan and book, to …
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