Print Page   |   Contact Us   |   Your Cart   |   Sign In   |   Learn More
NAPCP Search
Commercial Card News Brought to You by the NAPCP: News - Industry

Ixaris launches new product portfolio with support from Visa in Europe

Wednesday, November 14, 2018   (0 Comments)
Posted by: Heather MIller

Posted by: Ixaris. On: 11/06/2018

Today, B2B payments solutions provider Ixaris announces the launch of a range of payment products that will see Ixaris, with support from Visa in Europe, target the global travel sector with competitive travel payments offerings based on Ixaris’ award-winning virtual payments solutions.

Ixaris has long been a pioneer in virtual payments with a recognised strong pedigree in travel payments, in particular. With backing from Visa in Europe, a world leader in commercial payments, and with its own innovative virtual payments technology, Ixaris can offer the travel industry unrivalled opportunities to drive payments optimisation and cost efficiencies.

Ixaris research shows that the cost of payments for an average online travel agency (OTA) can amount to 20% of gross profits, substantially cutting into bottom line value. With payments now deemed a strategic priority for 84% of OTAs, but with 36% not knowing what payments actually cost them, it is clear that there is a tremendous untapped opportunity for Ixaris to exploit [statistics from: Ixaris Megatrends 2020 research, 2018*].

Aran Brown, Ixaris CEO said “We’re delighted to signal our intent to further challenge in the growing travel payments market with the support of Visa, whose backing is a strong endorsement of our travel strategy. We’re pleased that Visa Europe has cemented its confidence in our market-leading payments technology. Together we bring a range of payment solutions that offer best-in-class options for the most important travel use cases.”

Speaking on behalf of Visa, Helen Jones, Executive Director, Visa Business Solutions, said “Visa is committed to helping businesses of all sizes to make simple, secure, and seamless payments wherever possible. By working with Ixaris to provide virtual cards to the online travel agency industry, we can help Ixaris’ customers remove friction from a crucial stage of their business operations”

* Ixaris Megatrends 2020 research surveyed more than 100 travel industry experts with in depth interviews held with 18 leading travel executives from companies including Skyscanner, Airbnb and IATA.

Key findings:

  • 44% – proportion of time spent managing payments by large travel firms
  • 60% of travel firms want lower cost of transaction
  • Yet 36% of travel firms surveyed don’t know what payments actually cost their business
  • Payments is a strategic priority for 84% of respondents

Sign In

Event Calendar

NAPCP Commercial Card Regional Forum, Los Angeles, CA

Virtual Demonstration: Four Phases of Financial Transformation

Virtual Roundtable: Discussion Between Card Administrators Who Manage the State Card Program

Virtual Roundtable: Payment Solutions in Higher Ed—The "Square Peg in a Round Hole" Approach

Copyright © 1999 - 2019 NAPCP - Advancing Commercial Card & Payment Practices Worldwide
Certified Purchasing Card Professional Credential 
The next application due date is Feb. 28, 2020 to take
the exam at the Annual Conference in Las Vegas, 4/6/20.
Executive Summary complimentary fo subscribers and members. Join today to access full report.
NAPCP's dedicated IP address for e-mail is Please add this IP address, and to approved/"safe sender" list to ensure you receive NAPCP news & event notifications. 
You MUST log in to your profile to choose your preferences: Unsubscribe | Choose Email Preferences | Request Removal