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Amadeus integrates Barclaycard's PrecisionPay solution

Amadeus Payments has outlined the integration of Barclaycard?s PrecisionPay solution for virtual cards with Amadeus? B2B Wallet. 

The integration offers a range of benefits for travel agencies and their suppliers by making B2B travel payments quicker, easier and less prone to human error. Barclaycard and Amadeus are integrating Barclaycard?s virtual cards offering, Precisionpay, into Amadeus? B2B Wallet payment solution. Virtual card technology allows businesses to generate single-use digital cards, providing greater control and oversight of spend. Because each card is linked to a specific purchase, transactions are automatically reconciled, saving time compared to traditional supplier payment methods. It also offers the ability to pay suppliers up-front without affecting cashflow or tying up capital.

Bart Tompkins, managing director of payments, Amadeus, said: ?Payments is not a one-size-fits-all business. That?s why we developed the B2B Wallet concept, which gives travel agencies access to a range of different payment options in a single link. The addition of Barclaycard brings greater choice and deepens our credit offer, enabling our travel agencies to better manage their cashflow.?