Visa® and Orbitz for Business® to Offer Fully Integrated Business Travel and Expense Solution
July 28 2015 - 9:00AM
Business Wire
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 mid-market companies.”
“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.
About Visa:
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, visacorporate.tumblr.com and
@VisaNews.
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/
VisaAndy Gerlt, 415-805-5153agerlt@visa.comorOrbitz for
BusinessTrevor Kight, 630-715-2458trevor.kight@orbitz.com
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