Sabre and CellPoint Digital Strengthen Airline Payments Ecosystem with Strategic Agreement
Rhea-AI Summary
Sabre (NASDAQ: SABR) and CellPoint Digital have formed a strategic partnership to enhance airline payment solutions. The agreement enables airlines using SabreSonic and Radixx platforms to access diverse payment methods and value-added services.
The integration provides airlines with access to multiple payment options including:
- International card networks
- Digital wallets
- Non-card-based methods
- Deferred payment solutions
- Mobile-based solutions
- Direct bank-to-bank transfers
The collaboration aims to streamline payment processes, enhance user experience, and reduce operational costs for airlines. Through a single connection, airlines can now implement various payment methods while supporting local market needs and reducing checkout friction to improve conversion rates.
Positive
- Integration streamlines payment processes and reduces operational costs
- Expanded payment options may increase conversion rates
- Single connection simplifies implementation of multiple payment methods
- Partnership enhances service offering for existing SabreSonic and Radixx customers
Negative
- None.
News Market Reaction
On the day this news was published, SABR declined 2.50%, reflecting a moderate negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
The collaboration will provide airlines with improved payment solutions, enhance user experience, and reduce costs
Thanks to the integration of Sabre and CellPoint Digital, airlines now have the freedom to choose from an extensive range of payment options, including international card networks commonly used for global transactions, digital wallets and other non-card-based methods that offer consumers more flexibility at checkout, alternative ways to pay that might include deferred payment or mobile-based solutions, and direct bank-to-bank transfers enabled by real-time or open banking systems, to name a few.
This agreement underscores Sabre's commitment to delivering solutions that evolve alongside the growing complexity and interconnectivity of distribution and payments in the airline and broader travel industry. By bringing CellPoint Digital's capabilities into Sabre's platform, airlines now have a simple, unified solution that makes it easier to adopt new payment options and cut through the usual barriers.
"We are excited to work with CellPoint Digital to offer airlines flexibility and choice in payment solutions," said Nicolas Ortiz Luengo, Senior Director, Travel Payments Product at Sabre. "This agreement highlights our commitment to helping airlines improve their payments strategies by enhancing the user experience and reducing costs. Seamlessly integrating CellPoint Digital helps airlines optimize their payment strategies, ensuring secure transactions and support for increasingly used alternative forms of payment. With a wide variety of payment options available, the collaboration drives greater efficiency and satisfaction in the airline industry."
"This agreement gives airlines access to a wide range of pre-integrated methods through a single connection," said Kristian Gjerding, CEO at CellPoint Digital. "It simplifies the expansion of their payment mix, supports local market needs, and reduces friction at checkout — all of which contribute to higher conversion rates. As the role of payments grows in both customer experience and cost management, this integration offers greater flexibility and control."
This collaboration will help airlines enhance and customize their payment strategies. With a wide range of payment options available, Sabre and CellPoint Digital aim to give airlines the tools they need to meet both consumer expectations and evolving business needs.
About Sabre Corporation
Sabre Corporation is a leading technology company that takes on the biggest opportunities and solves the most complex challenges in travel. Sabre harnesses speed, scale and insights to build tomorrow's technology today – empowering airlines, hoteliers, agencies and other partners to retail, distribute and fulfill travel worldwide. Headquartered in Southlake, Texas,
About CellPoint Digital
CellPoint Digital is a fintech leader in payment orchestration and optimisation. CellPoint Digital's main solution is a powerful Payment Orchestration Platform that optimises digital payment transactions from cards or alternative payment methods and accelerates the deployment of new payment options. Merchants can easily scale their own payment ecosystem across the world, unify the customer payment experience across their website, mobile apps and other channels, optimise the routing of each transaction, increase conversion rates and minimise payment costs. CellPoint Digital has offices in
SABR-F
Media Contacts:
Cassidy Smith-Broyles
Cassidy.Smith-Broyles@sabre.com
Branko Karlezi
branko.karlezi@sabre.com
Steven Osei
Steven.osei@cellpointdigital.com
Investors
Brian Evans
sabre.investorrelations@sabre.com
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SOURCE Sabre Corporation
