Trust Payments and felloh partner to consolidate travel finance data

UK: Fintech platform Trust Payments has partnered with felloh, the financial operations platform for travel businesses, to help consolidate data.

Trust Payments provides the payment infrastructure, while felloh connects payments, bookings, settlements and reporting into a single operational view.

Merchants using both platforms will also gain access to automated margin recovery through felloh’s surcharging capability.

William Bicknell, CEO at felloh, said: “Travel businesses don’t need more systems creating more data. They need greater visibility into the financial information they already have. 

“Trust Payments has long been an important part of the payment infrastructure behind many travel businesses. By strengthening our partnership, we’re combining trusted payment capabilities with the financial visibility and operational control that growing travel businesses increasingly need. Together, we’re helping travel companies spend less time chasing information and more time making confident financial decisions.”

Mark Skehill, head of travel and hospitality sales at Trust Payments, added: “With this new partnership, we can offer travel businesses better visibility of cash, liabilities and payment activity, stronger operational control, faster reconciliation and a more scalable finance operation as transaction volumes grow. We are delighted to be providing the payment infrastructure that many travel businesses rely on, while felloh helps connect that activity with bookings, finance processes and operational reporting.”

Highlights:

• Trust Payments has partnered with felloh to provide travel businesses with an integrated financial operations platform that connects payments, bookings, settlements and reporting.
• The partnership combines Trust Payments’ payment infrastructure with felloh’s financial operations technology, creating a unified view of transaction and operational data for travel companies.
• Travel businesses using both platforms will gain access to automated margin recovery through felloh’s surcharging capability, alongside improved financial visibility and reconciliation.
• Trust Payments and felloh said the integration is designed to help travel companies strengthen cashflow visibility, streamline finance operations and improve operational control as transaction volumes increase.