Advantage Travel Partnership has formed a new strategic payment partnership with ConnexPay, the all-in-one payment platform for businesses. travel payment solutions

The collaboration offers multi-currency options to Advantage members and a service designed to streamline and optimise payment flows across the business travel ecosystem.

Founded in 2017, ConnexPay was, as the name suggests, built to connect incoming customer sales and outgoing supplier payments, thereby enhancing transparency and reconciliation.

Smarter payments and higher rebates for travel

With global solutions for travel-related companies, ConnexPay offers Virtual Card (VCN) issuing across six continents to pay with Visa, MasterCard or the UATP card.

It has been reported that businesses switching to ConnexPay have experienced up to a 10% uplift in card rebates through the brand’s proprietary Intelligent PayOuts.

Travel agents often struggle with the gap between customer payments and the suppliers they need to pay, creating cash flow stress and reconciliation headaches.

Through their platform, ConnexPay simplifies workflows, improves working capital, reduces risk for card acceptance, simplifies reconciliation, and offers competitive rates for card acceptance and issuance.

This new partnership strengthens Advantage’s proposition and provides members with further support within its One-Stop Business Hub.

Advantage teams up with ConnexPay to simplify payments

Andrea Caulfield-Smith, Managing Director Global Business Travel of The Advantage Travel Partnership, stated: “We are delighted to welcome ConnexPay onboard to offer strategic payment solutions to our members. Payment is a critical part of our members’ businesses, so we want to enable them to streamline this process and see this as a significant step in providing support.

“By partnering with ConnexPay, members will be able to improve their cash flow, changing the way online sellers do business, while also reducing any risks due to operating on one platform, thus reinforcing our commitment to innovation.

“We look forward to seeing how this partnership enhances the payment experience across the business travel ecosystem and supports greater transparency, control, and efficiency for all stakeholders involved.”

Ben Peters, CEO at ConnexPay, added: “Travel agents are facing fierce competition and rapid industry changes. Through our partnership with Advantage, their members can now eliminate long-standing cash flow gaps by converting customer transactions into real-time supplier payments.  travel payment solutions

“We’re excited to support both leisure and business travel Advantage Travel Partnership members in transforming their payment processes and accelerating business growth.”

About ConnexPay

ConnexPay is the first company to bring together the two sides of the payment process — payment acceptance and virtual payments issuing — into a single platform with one contract and one reconciliation. The flexibility of this technology allows clients to adopt the full end-to-end acquiring and issuing solution, or clients can leverage ConnexPay’s platform and intelligent routing in an issuing-only capacity.

ConnexPay continues to focus on the travel and tourism space, but ConnexPay’s solutions are applicable across a broad spectrum of corporate payment use cases, including insurance and warranty claims, loyalty and rewards payouts, and media and advertising buys.

About Advantage Travel Partnership

Advantage Travel Partnership is an industry-leading, one-stop solution for independent travel businesses, committed to becoming the ultimate travel partner. The organization equips its members with cutting-edge technology and marketing tools, enabling them to deliver exceptional travel services and expert advice.

With over 40 years of experience at the heart of the travel industry, Advantage has grown into a global community of more than 400 members across both leisure and business travel. These members—independently owned travel agencies and travel management companies—operate across 750 locations throughout the UK, representing a significant share of the country’s travel agency landscape.

Beyond the UK, Advantage’s international footprint spans 83 countries, with 96 network partners collaborating to service corporate travel accounts. Collectively, the global network generates over £17 billion in annual sales, including £8.8 billion from UK-based travel sales alone, supporting millions of holidaymakers and business travellers in booking with confidence.