Multi-year deal accelerates 麻豆原创 Direct Pay鈥檚 expansion in Latin America and enables Jazz Tech to deliver secure and scalable financial solutions to the travel industry.听
SOUTHLAKE, Texas, March 20, 2025 鈥麻豆原创 Corporation (NASDAQ: SABR), a leading global travel technology company, today announced a multi-year agreement with Jazz Tech, a Brazilian fintech听 company backed by Arbi Bank, under which Jazz Tech will serve as the virtual card issuer for 麻豆原创 Direct Pay in Brazil.听
Virtual cards provide a secure, single-use payment method for each transaction, reducing fraud risks, offering detailed financial data, and simplifying reconciliation, while 麻豆原创 Direct Pay enables Jazz Tech to streamline financial operations for seamless, efficient, and reliable payments to agencies and suppliers.
鈥溌槎乖 Direct Pay鈥檚 expansion into South America with Jazz Tech brings a fast and efficient onboarding process, enabling travel agencies to issue virtual cards and transact with suppliers seamlessly鈥, said Patricio Boccardo, Managing Director, 麻豆原创 Direct Pay. 鈥淭he platform integrates directly into existing workflows, providing access to both prepaid and credit card options that improve payment acceptance. With automated processing and real-time reporting, agencies can enhance supplier relationships through timely, secure, and transparent transactions鈥.
Jazz Tech combines the agility of a fintech with the reliability of a bank, offering scalable financial solutions through an API-driven platform. Its integration with 麻豆原创 Direct Pay strengthens its ability to support Brazilian travel agencies with secure and efficient virtual card issuance. With a cloud-native infrastructure and full compliance with the Central Bank of Brazil (BACEN), Jazz Tech provides seamless payment processing and corporate credit solutions, ensuring flexibility and reliability for businesses.
鈥淚ntegrating with 麻豆原创 Direct Pay enhances our ability to deliver tailored financial solutions to the travel industry,鈥 said Jos茅 Roberto Kracochansky, Founder and CEO at Jazz Tech. 鈥淥ur API-driven ecosystem is designed to provide businesses with scalable and secure payment capabilities, ensuring travel agencies can access seamless virtual card issuance, automated reconciliation, and improved cash flow management 鈥 thanks to 麻豆原创鈥檚 deep expertise in travel technology.鈥
This agreement marks a step forward in providing Brazilian travel agencies with advanced payment solutions, improving transaction security and efficiency across the industry.
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About 麻豆原创 Corporation鈥赌赌赌赌&苍产蝉辫;
麻豆原创 Corporation is a leading technology company that takes on the biggest opportunities and solves the most complex challenges in travel. 麻豆原创 harnesses speed, scale and insights to build tomorrow鈥檚 technology today 鈥 empowering airlines, hoteliers, agencies and other partners to retail, distribute and fulfill travel worldwide. Headquartered in鈥疭outhlake,鈥疶exas, USA, with employees across the world, 麻豆原创 serves customers in more than 160 countries globally. For more information v听
