SAN FRANCISCO--(BUSINESS WIRE)--Jul. 28, 2015--
Visa Inc. (NYSE:V) today announced it is working with Orbitz for
Business, the corporate travel brand of Orbitz Worldwide (NYSE:OWW), to
provide corporate clients with a turn-key, end-to-end travel and expense
solution designed to make booking, reconciliation and reporting more
efficient. The solution, Visa Travel Manager, is specifically designed
to give mid-market companies control of, and visibility into, employee
travel spending. It is planned to be available to Visa issuers and their
clients starting October 2015.
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Visa Travel Manager combines an Orbitz-powered booking and payment portal on the front end with Visa IntelliLink reporting and expense management on the back end. This integration gives companies a greater ability to capture total travel spend and have increased visibility across their organization, promote compliance, and provide data intelligence to drive cost savings. (Photo: Business Wire)
Visa Travel Manager combines an Orbitz-powered booking and payment
portal on the front end with Visa IntelliLink reporting and expense
management on the back end. This integration gives companies a greater
ability to capture total travel spend and have increased visibility
across their organization, promote compliance, and provide data
intelligence to drive cost savings.
Because the system is easy to use, employees can save time and resources
by having an easy way to book travel and submit their expense reports.
To book, employees will be instructed to use Visa’s Orbitz for Business
portal and pay with their Visa business travel card. They’ll receive
access to all supplier published rates as well as discounted Orbitz for
Business rates, while also being able to use the same platform to manage
and submit their expense reports. The Orbitz for Business portal
provides users with an easy-to-use, familiar experience that is
consistent across all booking channels including online, tablet and
mobile, plus access to corporate travel agents to assist with bookings
and in-trip support.
“Visa Travel Solutions offer convenience, efficiency, transparency and
insight throughout the travel lifecycle,” said David Henstock, Vice
President of Global Commercial Solutions, Visa Inc. “With Visa Travel
Manager, we’re bringing together two recognized brands to offer a great
customer experience, making business travel easier than ever for
“We are excited to work with Visa on this initiative,” said Charles
Bacharach, Vice President of Global Sales for Orbitz for Business. “We
feel this sector of the marketplace is currently under-served and
believe that Visa Travel Manager is well positioned to address the
mid-size customer needs through this truly end-to-end solution set.”
For more information on Visa Travel Solutions, visit visa.com/commercial.
Visa Inc. (NYSE:V) is a global payments technology company that connects
consumers, businesses, financial institutions, and governments in more
than 200 countries and territories to fast, secure and reliable
electronic payments. We operate one of the world’s most advanced
processing networks — VisaNet — that is capable of handling more than
56,000 transaction messages a second, with fraud protection for
consumers and assured payment for merchants. Visa is not a bank and does
not issue cards, extend credit or set rates and fees for consumers.
Visa’s innovations, however, enable its financial institution customers
to offer consumers more choices: pay now with debit, ahead of time with
prepaid or later with credit products. For more information, visit usa.visa.com/about-visa,
About Orbitz for Business
Orbitz for Business is the corporate
travel brand of Orbitz
Worldwide (NYSE: OWW). Launched in 2002, Orbitz for Business offers
a complete portfolio of global business
travel products and services that help corporate customers plan,
search and book travel. Orbitz for Business leverages Orbitz Worldwide
technology, customized for corporate travelers. In addition to its
technology, Orbitz for Business delivers full service, cost
effective travel management solutions including 24/7 customer
support; expense reporting and policy management tools; and
comprehensive choice in travel inventory.
View source version on businesswire.com: http://www.businesswire.com/news/home/20150728005612/en/
Source: Visa Inc.
Andy Gerlt, 415-805-5153
Trevor Kight, 630-715-2458