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4-Traders Homepage  >  Shares  >  Nasdaq  >  Sabre Corp    SABR   US78573M1045

SABRE CORP (SABR)

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Sabre : and Conferma Introduce Virtual Payments Solution

08/04/2014 | 01:03am US/Eastern

Sabre Corp., together with Conferma, reported the launch of Sabre Virtual Payments.

"The effective management of a corporate travel program is becoming increasingly complex and corporate travel managers face increased pressure to deliver a positive ROI on their travel spend," said Greg Webb, president of Sabre Travel Network, in a release. "Virtual payment services are a huge opportunity to realize increased efficiency through automated processes and better data integration."

"The addition of virtual card numbers for air is great news for our card program customers who already enjoy the option of VCNs for hotel bookings," said U.S. Bank Travel Product Manager Mary Miklethun. "This makes U.S. Bank Travel VirtualPay even more valuable in allowing clients to capture and manage every travel dollar they spend."

((Comments on this story may be sent to newsdesk@closeupmedia.com))

(c) 2014 ProQuest Information and Learning Company; All Rights Reserved.

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