TRAVEL agents will soon have another option to process payments, with a new five-year agreement between CVFR Travel Group and the ASX-listed Mint Payments set to see a new solution in the market by Q4, 2020.
The new CVFR Payments division will initially offer consultants debit card, credit card and EFTPOS solutions, with plans in place to also introduce bank transfers, virtual card payments options and foreign exchange services down the track.
Mint will be the exclusive payments partner across the CVFR network in Australia and New Zealand, with a co-branded solution including terminals and online systems for processing payments.
“We look forward to working together to provide travel agents with our enhanced and intuitive product suite that has been proven to boost efficiencies and reduce costs,” said Mint Payments CEO Alex Teoh.
Suppliers, wholesalers and tourism operators will also be able to access the new payment solution.