Sabre Pacific Migration Further Establishes Moneydirect as the Industry Standard for Payments in the Travel Industry

Moneydirect, the leading payment processing solution for the global travel and tourism industry, extended its leadership in Asia-Pacific through the successful implementation of Sabre Pacific travel agency collections and disbursements. The migration to Moneydirect enables Sabre Pacific to fully automate payments to and from its agency community.

This implementation further establishes Moneydirect as the industry standard for payments in the travel industry. This marks the extension of Moneydirects business-to-business payment hub beyond travel agencies, tour operators, wholesalers and product providers to also include companies that supply other essential business services to the travel industry.

As a wholesaler, we need the facility to receive payments from agencies urgently which has sometimes been an issue in the past. Since switching over to Moneydirect, payments have been processed promptly and efficiently. Were definitely glad we registered! says David Knight, Managing Director of Philippine Holidays.

Over 1,000 Australian and New Zealand Sabre-connected travel agencies are now utilizing Moneydirect to track, manage, and reconcile all payments and collections exchanged with Sabre Pacific in a flexible, easy-to-use solution. These travel agencies are now part of a network of over 6,000 travel agencies, wholesalers and product providers who already utilize Moneydirects secure, multi-channel, automated payment solutions.

The Sabre Pacific migration is another example of the extensibility of our solution. It is representative of our significant innovation in our pursuit to offer customers an all of business global payment and reconciliation solution, says James Filsinger, CEO of Moneydirect.

Moneydirects recent global expansion now also allows travel industry participants around the world to leverage its footprint and unsurpassed flexibility.

Additional information can be found at www.moneydirect.com.

notes to the editors

about Moneydirect

Moneydirect, an Amadeus and Sabre joint venture, provides a multi-channel payment processing solution for the global travel and tourism industry. More than 6,000 customers trust Moneydirect to securely manage more than US$2 billion annually in global travel payments on its best in class processing platform. More information is available at www.moneydirect.com.

about Sabre Pacific

Sabre Pacific is the leading provider of business solutions to the travel industry throughout Australia, New Zealand and the South Pacific Islands. With a strong focus on the success of its customers, Sabre Pacific specialises in the delivery of cutting edge technology, distribution and marketing services. With an unrivalled reputation for innovative thinking and the reliable delivery of its services, Sabre Pacific is powered by its parent company, Sabre Holdings in the United States. It is renowned for its unparalleled expertise in developing profitable solutions and making travel agents travel experts in a constantly changing environment.

Contacts:

Moneydirect
Peter de Maria, +61 (02) 9903 3010
Mob: +61 (0) 419 723 004
peter.demaria@moneydirect.com

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