News, Travel

Modulr partners with Pax2pay to transform travel industry payments

Modulr By Modulr on 13 February 2019   •   1 min read
<span id="hs_cos_wrapper_name" class="hs_cos_wrapper hs_cos_wrapper_meta_field hs_cos_wrapper_type_text" style="" data-hs-cos-general-type="meta_field" data-hs-cos-type="text" >Modulr partners with Pax2pay to transform travel industry payments</span>

We've partnered with Pax2pay, the Travel Technology and Services giant, to provide a new flexible payment solution for online travel agencies (OTAs) and tour operators.   

Modulr’s  payment accounts will enhance Pax2pay’s new payment service by enabling customers to pay out using multiple payment methods and currencies, including virtual cards, Faster Payments, SEPA, with more coming soon.

“Payments should be simple – they’re the lifeblood of any business,” said Tony Barker, CEO at Paxport. “Each year we process over £300m of travel commerce transactions and it’s important we remain at the forefront of faster, easier and more reliable payments by partnering with a Financial Conduct Authority (FCA)-regulated payments provider that is innovating on the back of recent regulatory changes, such as PSD2. The travel industry is extremely competitive, and we have to ensure we’re constantly improving the level of service to our global clients.  

“Modulr is not burdened by legacy systems, meaning we receive a range of benefits that other financial technology companies simply cannot provide in one place. Integrating its API into our search and booking software will enable us to provide an experience that is flexible, easy to manage, and saves significant expenditure." 


We were delighted to see the overwhelming support from the payments and fintech press. Our news was featured (in no particular order):
TTG Media
The Green Sheet
Financial IT
Fintech Finance
Fintech Insight
The Paypers
IBS Intelligence
Payment Week