Absa Bank And Visa Collaborate to Unveil A Fresh Card Payment Solution Tailored For Kenya’s Travel Agents And Businesses
Absa Bank Kenya and Visa have joined forces to introduce the Visa Commercial Choice Programme, offering a new corporate card solution tailored for members of the Kenya Association of Travel Agents (KATA).
This innovative offering aims to enhance flexibility and streamline cash flow management for KATA members.
Through this collaboration, travel agents will benefit from enhanced payment solutions for B2B transactions, improved management of working capital, streamlined operations, and enhanced capabilities for managing suppliers.
With this advancement, travel agents will receive support from Absa Bank to facilitate effortless payments in either Kenyan Shillings or US dollars. Additionally, they can leverage the Visa Commercial Pay Virtual Card Platform to automate booking procedures and access enhanced tools for data management and reconciliation. Meanwhile, businesses will gain increased visibility and control over expenses and payments initiated by their employees.
Speaking on the partnership, Absa Bank Consumer Banking Director, Moses Muthui said,
“The collaboration between Absa Bank Kenya, Visa, and the Kenya Association of Travel Agents marks a significant milestone in our efforts to empower businesses and accelerate digital inclusion in this space with smarter and integrated payment solutions. This solution will help travel agents win business without the stress of losing a booking when a payment fails or the burden of managing the working capital of paying suppliers upfront.
“We have been speaking to our clients and professionals from different sectors to understand their specific needs and this new solution is just one among many others that we are rolling out for our customers in various disciplines”.
Also speaking on the partnership, Eva Ngigi-Sarwari, Visa Kenya Country Manager, said,
“We are delighted to partner with Absa Bank Kenya and KATA on this offering for travel agents which signifies our shared commitment to innovation, convenience, and service excellence. By combining Visa’s global reach and advanced technology with Absa’s deep local market expertise, we are confident that this new payment solution will significantly enhance the way travel agents manage their transactions, providing them with a seamless, efficient, and secure experience.”
