News Highlights:
- SeerBit, Africa’s leading payment solutions provider, has partnered with Sabre, a global leader in travel software and technology solutions.
- This collaboration will allow Sabre’s clients to access SeerBit’s robust payment infrastructure.
SeerBit, Africa’s leading payment solutions provider known for delivering innovative services to businesses, has revealed a strategic partnership with Sabre, a global leader in software and technology solutions for the travel industry.
Through this collaboration, Sabre’s clients will gain access to SeerBit’s robust payment infrastructure, enabling seamless, secure, and efficient payment processing for transactions, as well as other value-added services across web, mobile, and offline platforms.
Although the travel industry contributed nearly $10 trillion to the global economy in 2023, representing 9.1% of global GDP, significant payment challenges continue to hinder the sector’s growth.
These issues include the complexities of cross-border transactions, fragmented payment systems, security concerns and fraud, pricing transparency, currency fluctuations, interoperability, chargebacks, and dispute resolution, among others.
The payment challenges facing the travel industry demand lasting solutions to close existing gaps and unlock the sector’s full growth potential. Currently supporting 449 million jobs, or 12.2% of the global workforce, the industry is projected to contribute $16 trillion to the global economy by 2034, representing 11.4% of global GDP.
In response to these ongoing challenges, SeerBit has partnered with Sabre to deliver innovative solutions that streamline payment processes and boost operational efficiency within the travel sector.
Through this strategic partnership, Sabre will incorporate SeerBit’s payment solutions into its travel technology platform, allowing airlines, travel agencies, global travel service providers, and travellers to process payments more quickly and efficiently while maintaining compliance with both local and international regulations.
Making the announcement at a brief parley recently, Omoniyi Kolade, Founder and CEO of SeerBit said, “For us, this combination of advanced payment technologies with innovative travel solutions comes at a pivotal moment in the travel industry.
“Our payment solutions are uniquely designed to simplify complex processes. By integrating with Sabre’s platform, we are providing travel businesses with the tools they need to enhance their services and deliver delightful experiences for their customers.
“We are confident that this collaboration will significantly contribute to the rapid evolution of the global travel ecosystem, particularly by making fast, secure and efficient payment processing accessible for all stakeholders in the value chain.”
“We are delighted to announce our partnership with SeerBit to engineer innovative payment capabilities that empower African travel businesses,” said Dare Olayiwola, Senior Regional Director at Sabre Travel Solutions, Central West Africa.
“Africa is a key growth market for our organisation and we are excited to work closely with SeerBit to support the evolving travel ecosystem across the continent.”
The partnership between SeerBit and Sabre is poised to deliver significant advantages to the travel industry. By integrating SeerBit’s advanced payment technology, Sabre’s clients will experience unmatched efficiency in handling transactions across various platforms and payment options.
This ensures real-time, seamless payments for bookings, reservations, and other services, benefiting operators throughout the travel ecosystem.
SeerBit is a Pan-African payment solutions provider that simplifies payment processes for businesses and financial service providers across Africa. With a single integration, users can access flexible features tailored to any business model.
SeerBit is creating a unified payment ecosystem that eliminates the complexities and fragmentation of digital payments in Africa, enabling businesses to seamlessly accept multiple payment methods and streamline both online and offline transactions.
Operating in several African countries, SeerBit offers a range of solutions designed to drive the widespread adoption of digital payments across the continent.
Sabre Corporation is a leading software and technology company focused on addressing the most significant opportunities and solving complex challenges within the travel industry. It connects travel suppliers and buyers globally through cutting-edge products and next-generation technology solutions.
Leveraging speed, scale, and data-driven insights, Sabre develops the technology of the future today, empowering airlines, hotels, agencies, and other partners to retail, distribute, and fulfill travel services worldwide. Headquartered in Southlake, Texas, USA, Sabre serves customers in over 160 countries.
