Ebury, a global financial services company and one of Europe’s leading fintechs, has partnered with the Association of Small-Scale Travel Organisations (VvKR). Thanks to this partnership, Ebury is able to support any type of travel company in managing international payments, the company said in a press release on Thursday. ‘When putting together a trip, travel companies have to deal with different currencies and transactions all over the world. With Ebury’s payment options in more than 130 currencies and transaction options in more than 160 countries, the services are perfectly suited to the needs of the VvKR and its members.” Travel companies that are members of the VvKR can benefit from the partnership with Ebury. By means of an FX scan, the international payment structure of a travel organization can be mapped. Subsequently, Ebury offers support in optimising this structure. This allows travel companies to save on transaction fees, while currency risks can be hedged with hedging products. Ultimately, this partnership contributes to increasing profit margins for travel companies, says Ebury. One of the first action points within the collaboration was to organize webinars for the VvKR members. In these webinars, practical examples were shared and insights were provided into international challenges and opportunities in the payments market. In addition, informative sessions and live events are set up to keep members constantly informed and supported. “We are very pleased to announce our partnership with the VvKR, in addition to our previously announced partnership with the ANVR,” says Duco Royaards, head of partnerships at Ebury. “These collaborations underline our ambition to expand further in the travel sector. The differences between these associations lie mainly in the size of the member companies and the volume of their transactions. By working together with both associations, we are able to support almost all types of travel organizations and provide them with the necessary financial services.’ According to Kim Nooyens, chairman at the VvKR, the partnership with Ebury will provide members with access to essential financial services that will help them better respond to the dynamic and sometimes complex market.
“With this partnership, we can support our members and continue to work for fair and transparent travel conditions. This not only allows the travel organisations to operate more efficiently, but also strengthens their competitive position.’ Photo: Kim Nooyens and Duco Royaards.
