Modulr: Modulr partners with Paxport to transform travel industry payments

Modulr partners with Paxport to transform travel industry payments

Hannah Mellow
February 2019

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

Modulr’s digital payment accounts will enhance Paxport’s new payment service, Pax2Pay, 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." 

Coverage

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

Test drive the api

Access sandbox

Get full access to our API and portal through our sandbox environment. So you can test drive the technology.

Talk to an expert

Contact sales

Talk to our experts about how Modulr can help your business deliver a faster, easier and more reliable payment service.

Stay up-to-date, join our newsletter.

Zero spam. Unsubscribe at any time.