Travel Technology PATA picks Flywire as preferred partner on payment solutions By TTG India / Posted on 24 January, 2022 2:52 PATA has formed a new preferred partnership with Flywire, a global payments enablement and software company with significant experience in the travel industry. According to PATA CEO Liz Ortiguera, the partnership with Flywire can assist its members in enhancing their international payment processes. Flywire can assist PATA members in enhancing their international payment processes Flywire brings industry-leading expertise to the PATA community to solve today’s complex travel payments and reconciliation challenges. Their focus travel segments include DMCs, travel operators as well as accommodation providers. PATA members could benefit from expanded payment options for their guests and customers, timely receipt of payments in full, as well as digitised invoicing, automated payment tracking and reconciliation. “Payment experience actually impacts a customer’s choice of travel agent or tour operator, and it’s not hard to understand why. Nearly half of travellers have experienced problems travelling because of payment issues,” said Colin Smyth, vice president and general manager of Travel at Flywire. “Collecting and processing payments in multiple currencies and payment types is quickly becoming an integral part of (the) guest experience.” Flywire can be used as a standalone product, and also integrates seamlessly with existing booking systems providing a one-stop shop for payment through receipt to reconciliation.