By implementing the payment platform, the cruise operator aims to streamline booking experiences
By
Amber Hickman |
Virgin Voyages has partnered with payment platform Paysafe to deliver safer and more streamlined transactions for guests and the business.
Virgin Voyages has implemented the service to reduce the risk associated with cruise travel payments, including fraud and chargebacks. Paysafe will work with financial technology firm Actuary’s T&E Risk Monitor to help Virgin Voyages improve the transparency of financial processes such as holdback and release of funds from processed ticket sales, which will also support credit risk management.
Paysafe will also enable guests around the world to book their cruises in multiple currencies, which could make the process quicker and more flexible.
“We’re delighted to partner with Virgin Voyages,” said Afshin Yazdian, president of merchant solutions at Paysafe. “We look forward to supporting this unique travel brand’s growth by leveraging our travel payments experience to facilitate the reservation process for Virgin Voyages and its customers.”