Zip announces integrated agreement with travel industry technology leader Sabre
SYDNEY AND SINGAPORE – 9 December 2021: Zip Co Limited (ASX: Z1P), a leading global Buy Now, Pay Later (BNPL) company, has announced a global alliance with Sabre Corporation (NASDAQ: SABR), a leading software and technology company that powers the global travel industry.
The alliance will work to ensure simple, global capabilities through Zip’s Single Merchant Integration (SMI).
Using their SMI, Zip has integrated into Sabre’s Global Distribution System, which will enable any global travel partner to accept Zip in all current or future countries in which Zip is available.
Sabre — who use next-generation technology solutions to power airlines, hoteliers, agencies, and other travel partners — will serve as a launchpad for Zip as it establishes itself as a payment provider in the travel industry.
It comes as countries emerge from lockdown with consumers eager to resume international travel. The integrated solution, which was introduced in November, will allow for simplicity for payment choice at checkout.
Colin Baines, Commercial Director at Zip said: “We are thrilled to be partnering with Sabre as Zip steps into the global travel industry. This agreement presents an incredible opportunity for us to truly showcase our global capabilities in this space through our Single Merchant Integration. We want Zip to be the first payment choice everywhere and every day and working with leaders like Sabre will help us get there sooner.”
Jeff Hayward, Senior Vice President, Product Management, Sabre, said: “Sabre is committed to enabling our travel partners to create truly personalized travel experiences, and how and when a traveller is able to pay for their trip is an important part of that personalization. That’s why we’re delighted that Zip has chosen to work with Sabre to offer Buy Now, Pay Later options at this critical time for travel industry recovery, so that we can provide new payment choices to our airline partners.”