News

BR-DGE partners with Travel Counsellors to enable payments orchestration

Monday 8 August 2022 15:22 CET | News

Payment orchestration provider BR-DGE has announced a merchant partnership with independent travel company Travel Counsellors

 

This partnership will provide the business with access to a wide array of payment providers and alternative payment methods via BR-DGE’s orchestration platform, ultimately ensuring a seamless booking experience for its customers. BR-DGE will enable Travel Counsellors to fully utilise their dynamic rules engine to build a multi acquirer strategy across its global business operations.

 



BR-DGE previous partnerships

BR-DGE offers an independent payment orchestration platform, enabling merchants to build resilience, consolidate reporting and innovate at speed. BR-DGE ensures merchants deliver a streamlined end-to-end payment experience.  

In June 2022, BR-DGE partnered with Trust Payments to provide its merchants access to the latter’s Converged Commerce offerings. The partnership was meant to enable BR-DGE customers to access Trust Payments’ technology, including an all-in-one payments platform, risk management tools, Anti Money Launder (AML), and fraud detection features.

Previously, in Q4 2021, the company had formed a partnership with Open Data and payments platform Moneyhub to accelerate the use of Open Banking payments to provide a new digital way to pay.

Travel payments in 2022

BR-DGE officials have assessed that the travel sector is on track for a strong recovery; Travel Counsellors was well placed to bounce back and, according to company sources, they had a significant upkick in bookings in 2022 as sales levels reach 140% of 2019.

Company research cited by BR-DGE has shown that over 13.4% of online transactions in the travel sector fail. As demand returns, with consumers expecting a seamless booking experience and merchants aiming to lift margins, payment orchestration has been deemed vital to boosting the sector’s resilience and increasing conversion rates, company officials concluded.

According to a recent Amadeus study, consumers aim to travel more despite economic and geopolitical uncertainties, with international travel ranking as the highest priority from six discretionary spend categories. 42% of the respondents ranked international travelling above domestic travel, eating out, fashion, buying a new car, or renovating the house, which shows the extend of which the COVID-19 impacted the collective desire of seeing new places and experiencing new cultures.

Source: Link


Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Keywords: partnership, travel payments, online payments, payments orchestration
Categories: Payments & Commerce
Companies: BR-DGE, Travel Counsellors
Countries: United Kingdom
This article is part of category

Payments & Commerce

BR-DGE

|

Travel Counsellors

|
Discover all the Company news on BR-DGE and other articles related to BR-DGE in The Paypers News, Reports, and insights on the payments and fintech industry: