Why UAE Travel Agencies Are Switching to Qashio for Travel

Travel agencies operate on notoriously slim margins. Every dirham needs to be optimized. In an industry where a single-digit percentage difference can determine success, high financial institution FX costs, persistent fraud risks, and time-consuming manual reconciliation are no longer just minor annoyances; they’re a threat to profitability. 

This is why Qashio for Travel was built: a specialized financial platform designed from the ground up for UAE-based Travel Agencies, OTAs, and TMCs. The platform solves the industry’s biggest payment headaches by giving businesses the power of highly secure, multi-currency Virtual Corporate Cards (VCCs).

Here is why travel businesses are choosing Qashio to streamline operations, eliminate risk, and turn payments into a revenue stream.

‍

1. Boost Profitability: Eliminating Hidden Currency Costs

For too long, travel businesses have lost profit to hidden fees. Traditional financial providers typically charge a 2.5% to 3.5% foreign exchange (FX) markup on international payments, a massive cost when dealing with global suppliers.

With Qashio, this leakage stops.

• Businesses fund multi-currency wallets (AED, USD, EUR, GBP, SAR) at mid-market FX rates. They pay global suppliers in their local currency, avoiding those punishing hidden currency markups entirely. This helps Reduce FX costs for travel agency.
  
  
• Market-Leading Rebates: Qashio helps businesses earn, not just save. The platform offers the highest cash-back Corporate card rebates UAE in the market on supplier spend, directly improving the bottom line.

2. Eliminate Fraud & Risk: Superior VCC Security

Using static corporate cards for dozens of online supplier payments is an open invitation for fraud and chargebacks. Qashio's Virtual Credit Card for travel agents UAE is the definitive solution for better security.

Granular virtual card controls eliminate payment fraud by allowing the issuance of cards that are:

• Single-Use: Expires after one transaction.
• Amount-Locked: Cannot be charged more than the exact booking cost.
• Merchant-Locked: Usable only with a specific supplier (e.g., a hotel chain or airline).

Businesses gain unparalleled security and peace of mind, knowing every single travel supplier payment is completely contained and protected. For VCC supplier payments Dubai, this control is essential.

‍

3. Automate Operations: Efficiency for the Modern TMC

Manual payment matching against booking IDs, consultants, or destinations is a significant waste of time for finance teams. For high-volume agencies, this operational inefficiency is a huge drain on resources.

Qashio brings modern FinTech efficiency to the back office:

• Automated Reconciliation: Every VCC transaction is automatically tagged with the relevant booking ID and other custom data points at the point of issuance. Month-end closing becomes effortless. This is true Automated payment reconciliation.
• Seamless Integration: A powerful API allows for Amadeus payment integration (and integration with other GDS systems like Sabre), enabling bulk card creation and payment issuance to be seamlessly integrated directly into the booking workflow.
• Real-Time Reports: Businesses can instantly generate profitability reports per booking, giving CFOs the data needed for strategic decision-making.

‍

4. Your Trusted, Local Partner: Secure and Regulated

In finance, trust is paramount. While many international fintechs offer VCCs, none offer the same peace of mind to OTA payment solutions Middle East businesses as Qashio.

If a business is ready to stop losing profit to hidden fees and manual errors, it is time to upgrade TMC expense management and move global supplier payments to Qashio.

‍