Jazz Tech Collaborates with Sabre Direct Pay
To distribute virtual cards for the Brazilian travel industry
Sabre Corporation has entered into a multi-year agreement with Jazz Tech, a fintech company from Brazil affiliated with Arbi Bank. Under this partnership, Jazz Tech will become the virtual card issuer for Sabre Direct Pay in Brazil.
Virtual cards offer a secure, one-time payment method for each transaction, mitigating fraud risk, providing precise financial insights, and simplifying reconciliation. This collaboration allows Jazz Tech to enhance financial operations, enabling travel agencies to make payments effortlessly to both agencies and suppliers.
“The expansion of Sabre Direct Pay into South America with Jazz Tech allows for a swift and seamless onboarding process, enabling travel agencies to issue virtual cards and transact with suppliers effortlessly,” said Patricio Boccardo, Managing Director of Sabre Direct Pay.
Translation: “La expansión de Sabre Direct Pay en Sudamérica con Jazz Tech permite un proceso de incorporación rápido y sin problemas, lo que permite a las agencias de viajes emitir tarjetas virtuales y transaccionar con proveedores sin esfuerzo.”
Jazz Tech is recognized for blending the agility of a fintech with banking reliability, providing scalable financial solutions via its API-driven platform. The integration with Sabre Direct Pay enhances its capacity to assist Brazilian travel agencies with efficient and secure virtual card issuance, maintaining compliance with the Central Bank of Brazil (BACEN).
“Integrating with Sabre Direct Pay improves our capacity to offer customized financial solutions to the travel sector,” explained José Roberto Kracochansky, Founder and CEO of Jazz Tech.
Translation: “Integrarse con Sabre Direct Pay mejora nuestra capacidad para ofrecer soluciones financieras personalizadas al sector de viajes.”
This partnership signifies a forward step in delivering advanced payment solutions to Brazilian travel agencies, enhancing transaction security and efficiency within the sector.
