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Modulr launches travel payment solution to enhance travel-related payment processing
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May 29, 2024
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FinTech Infrastructure

FinTech Infrastructure

May 29, 2024

Modulr launches travel payment solution to enhance travel-related payment processing

Product updates

  • UK-based Modulr, a diversified FinTech infrastructure provider, has announced the launch of a travel payment solution targeted at online travel agents and travel industry intermediaries.

  • The travel payment solution allows users to enhance operational efficiency, streamline reconciliation, improve cash flow processes, and increase margins by ensuring timely payments within the travel industry. 

  • Analyst QuickTake: Today’s product launch comes after Checkout.com , another UK-based payment infrastructure provider, partnered with Mastercard early this month to enhance virtual cards to make B2B payments for online travel agents and other travel businesses.

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