Barcelona, SpainJune 15, 2026 /PRNewswire/ — Against the backdrop of a strong recovery in global tourism, cross-border payment efficiency and capital costs have become core competitive advantages for online travel agencies (OTAs). On June 15, SUNRATE, a global payment and treasury management platform (hereinafter referred to as SUNRATE), announced at the Phocuswright Europe conference a further deepening of its strategic partnership with Sabre, a global travel technology giant. This upgrade goes beyond mere channel connectivity, aiming to accelerate the global capital flow of OTAs and travel enterprises through end-to-end payment solutions.
As cross-border travel heats up, OTA platforms face pain points such as cumbersome multi-currency settlements, profit erosion from exchange rate fluctuations, and long payment cycles for suppliers. Leveraging Sabre’s vast global distribution network, SUNRATE deeply integrates its strong capabilities in cross-border payment exchange rate management and global collection into the travel ecosystem.
Compared to OTAs’ shortcomings in overseas payment and collection, SUNRATE provides an integrated closed loop of “cross-border collection and payment + multi-currency management,” opening up global capital flow channels for enterprises. By extending its service capabilities from card issuance to non-card areas, SUNRATE will help travel sellers on the Sabre platform address the complexity of multi-currency pricing and settlement. OTA platforms can directly perform currency exchange through SUNRATE and complete batch payments to global airlines and hotels with a single click. This seamless integration not only significantly reduces hidden costs caused by exchange rate fluctuations but also notably optimizes working capital turnover efficiency.
“Travel is global, and capital flow must run faster than people,” said Paul Meng, Co-founder and CEO of SUNRATE. “Our collaboration with Sabre is designed to provide travel enterprises with smarter capital management tools when dealing with complex international transactions.”
Patricio Boccardo, Managing Director of Sabre Payments, pointed out that modern travel payments need to match the globalization speed of the industry. This deepened partnership will empower travel enterprises to handle multi-currency transactions more flexibly and expand confidently in global markets.
In the future, leveraging Sabre’s network covering global airlines, hotels, and travel agencies, SUNRATE will promote this efficient, low-cost payment solution to a broader travel market, helping the OTA industry truly achieve “global collection, global payment, and global success.”