Travelsoft Pay and Mastercard Partner to Automate B2B Travel Payments
Travelsoft Pay and Mastercard announced a partnership to integrate the Mastercard Wholesale Program for virtual card number-based B2B payments in travel. The deal automates pay-ins and pay-outs, reduces operational complexity, and enhances security across the global travel ecosystem. Travelsoft Group platforms process €50 billion in annual gross merchandise value.
Announcement Specifics
Travelsoft Pay integrates Mastercard’s Wholesale Program to enable on-demand virtual card numbers for secure, instant B2B transactions from booking to settlement. The API-first, cloud-native solution targets travel intermediaries and suppliers worldwide. The partnership was announced via press release dated March 3, 2026. Financial terms of the deal remain undisclosed.
Stakeholder Perspective A
“Having spent 25 years creating technology that connects the global travel ecosystem, we know what our clients need — reliability, transparency and trust. By combining Mastercard’s world-class technology with Travelsoft Pay’s API-first platform, we are ensuring that every buyer, supplier and traveler can transact safely, smoothly and confidently.”
— Christian Sabbagh, CEO at Travelsoft Group
Why it matters: The statement underscores the platform’s role in fostering trust amid complex global supply chains built over two decades of ecosystem development.
Stakeholder Perspective B
“Together, Mastercard and Travelsoft Pay are enabling a secure and scalable B2B payment infrastructure that’s shaping the future of travel and payments. Our partnership is eliminating friction through empowering the entire value chain — from booking to final settlement.”
— Chiara Quaia, Senior Vice President, B2B Travel at Mastercard
Why it matters: This highlights efficiency gains for high-volume travel operations transitioning to virtual payment rails.
Industry Context
B2B payouts present persistent challenges for travel firms. A 2022 PYMNTS Intelligence and Flywire report found 62% of large operators view them as major pain points, with 24% citing payment delays as top issues. Virtual cards offer consumer-like speed and security, aligning with Mastercard’s broader push for virtual payment adoption across commercial ecosystems.
The partnership maintains a global focus across the travel ecosystem. No specific MENA operational hubs such as Riyadh, Dubai, or Abu Dhabi were mentioned in the announcement materials.
Conclusion
This partnership positions Travelsoft Pay to drive scalable payments innovation across the travel sector, potentially accelerating B2B transaction efficiency as global travel volume continues its post-pandemic recovery trajectory.
Sources: PYMNTS, Travelsoft, Travelsoft Pay, AltexSoft
