STOCK TITAN

Sabre Hospitality introduces SynXis Pay to improve payment experience and simplify transactions for hoteliers

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Positive)
Tags

Sabre (NASDAQ: SABR) has announced the upcoming release of SynXis Pay, a new payment solution designed to streamline hospitality transactions. The system will integrate with over 250 alternative payment methods, including Apple Pay, Google Pay, PayPal, Klarna, and WeChat Pay.

The solution offers two main benefits: For travelers, it enables flexible payment options and an express checkout experience in SynXis Booking Engine. For hoteliers, it simplifies payment management through an orchestration layer powered by CellPoint Digital, allowing customized currency payouts and minimizing foreign exchange exposure.

Key features include dynamic payment method selection based on guest location, simplified reconciliation processes, and potential increased conversion rates through enhanced guest experience. The solution will be rolled out in phases over the coming months.

Sabre (NASDAQ: SABR) ha annunciato il prossimo lancio di SynXis Pay, una nuova soluzione di pagamento progettata per semplificare le transazioni nel settore dell'ospitalità. Il sistema si integrerà con oltre 250 metodi di pagamento alternativi, tra cui Apple Pay, Google Pay, PayPal, Klarna e WeChat Pay.

La soluzione offre due principali vantaggi: per i viaggiatori, consente opzioni di pagamento flessibili e un'esperienza di checkout rapido nel motore di prenotazione SynXis. Per gli albergatori, semplifica la gestione dei pagamenti attraverso uno strato di orchestrazione alimentato da CellPoint Digital, consentendo pagamenti in valuta personalizzati e riducendo l'esposizione ai cambi esteri.

Le caratteristiche principali includono la selezione dinamica del metodo di pagamento in base alla posizione dell'ospite, processi di riconciliazione semplificati e potenziali tassi di conversione aumentati grazie a un'esperienza ospite migliorata. La soluzione sarà implementata in fasi nei prossimi mesi.

Sabre (NASDAQ: SABR) ha anunciado el próximo lanzamiento de SynXis Pay, una nueva solución de pago diseñada para agilizar las transacciones en el sector de la hospitalidad. El sistema se integrará con más de 250 métodos de pago alternativos, incluyendo Apple Pay, Google Pay, PayPal, Klarna y WeChat Pay.

La solución ofrece dos beneficios principales: para los viajeros, permite opciones de pago flexibles y una experiencia de pago exprés en el motor de reservas SynXis. Para los hoteleros, simplifica la gestión de pagos a través de una capa de orquestación impulsada por CellPoint Digital, permitiendo pagos en moneda personalizada y minimizando la exposición a cambios de divisas.

Las características clave incluyen la selección dinámica del método de pago según la ubicación del huésped, procesos de reconciliación simplificados y posibles tasas de conversión aumentadas a través de una mejor experiencia para el huésped. La solución se implementará en fases durante los próximos meses.

Sabre (NASDAQ: SABR)는 호스피탈리티 거래를 간소화하기 위해 설계된 새로운 결제 솔루션인 SynXis Pay의 출시를 발표했습니다. 이 시스템은 Apple Pay, Google Pay, PayPal, Klarna 및 WeChat Pay를 포함하여 250개 이상의 대체 결제 방법과 통합됩니다.

이 솔루션은 두 가지 주요 이점을 제공합니다: 여행자에게는 유연한 결제 옵션과 SynXis 예약 엔진에서의 신속한 체크아웃 경험을 가능하게 합니다. 호텔 운영자에게는 CellPoint Digital의 지원으로 결제 관리가 간소화되어 맞춤형 통화 지급을 가능하게 하고 외환 노출을 최소화합니다.

주요 기능으로는 손님의 위치에 따른 동적 결제 방법 선택, 간소화된 조정 프로세스, 개선된 손님 경험을 통한 잠재적 전환율 증가가 포함됩니다. 이 솔루션은 향후 몇 달에 걸쳐 단계적으로 배포될 예정입니다.

Sabre (NASDAQ: SABR) a annoncé le prochain lancement de SynXis Pay, une nouvelle solution de paiement conçue pour simplifier les transactions dans le secteur de l'hôtellerie. Le système s'intégrera à plus de 250 méthodes de paiement alternatives, y compris Apple Pay, Google Pay, PayPal, Klarna et WeChat Pay.

La solution offre deux principaux avantages : pour les voyageurs, elle permet des options de paiement flexibles et une expérience de paiement express dans le moteur de réservation SynXis. Pour les hôteliers, elle simplifie la gestion des paiements grâce à une couche d'orchestration alimentée par CellPoint Digital, permettant des paiements en devises personnalisées et minimisant l'exposition aux fluctuations de change.

Les fonctionnalités clés incluent la sélection dynamique du mode de paiement en fonction de la localisation de l'invité, des processus de réconciliation simplifiés et des taux de conversion potentiellement accrus grâce à une expérience client améliorée. La solution sera déployée par phases au cours des prochains mois.

Sabre (NASDAQ: SABR) hat die bevorstehende Einführung von SynXis Pay angekündigt, einer neuen Zahlungslösung, die entwickelt wurde, um Transaktionen im Gastgewerbe zu optimieren. Das System wird sich mit über 250 alternativen Zahlungsmethoden integrieren, darunter Apple Pay, Google Pay, PayPal, Klarna und WeChat Pay.

Die Lösung bietet zwei Hauptvorteile: Für Reisende ermöglicht sie flexible Zahlungsmöglichkeiten und ein schnelles Checkout-Erlebnis im SynXis Buchungs-Engine. Für Hoteliers vereinfacht sie das Zahlungsmanagement durch eine Orchestrierungsschicht, die von CellPoint Digital unterstützt wird, und ermöglicht individuelle Währungszahlungen, während sie das Risiko von Währungswechseln minimiert.

Zu den wichtigsten Funktionen gehören die dynamische Auswahl der Zahlungsmethode basierend auf dem Standort des Gastes, vereinfachte Abstimmungsprozesse und potenziell erhöhte Konversionsraten durch ein verbessertes Gästeerlebnis. Die Lösung wird in den kommenden Monaten schrittweise eingeführt.

Positive
  • Integration with 250+ payment methods expanding market reach
  • Partnership with CellPoint Digital for payment orchestration
  • Potential for increased conversion rates
  • Reduced forex exposure for hotels
Negative
  • Phased rollout indicating delayed full implementation
  • Dependent on third-party payment processors

Insights

Sabre's introduction of SynXis Pay represents a strategic enhancement to its hospitality technology ecosystem that addresses critical friction points in the travel payments pipeline. This solution targets both sides of the transaction process - offering travelers flexibility with 250+ alternative payment methods while giving hoteliers a simplified orchestration layer for managing complex cross-border transactions.

The payment orchestration technology, powered by CellPoint Digital, positions Sabre to potentially capture incremental transaction volume by reducing cart abandonment rates during the booking process. Modern travelers increasingly expect flexible payment options like Apple Pay and Google Pay, and hotels have struggled with the technical complexity of implementing these systems independently.

What makes this product strategically valuable is its dual nature as both a consumer experience enhancement and an operational efficiency tool. The currency conversion capabilities and localized payout options directly address the complex challenges of international hospitality transactions, which typically involve multiple currencies, payment methods, and reconciliation headaches.

While revenue impact isn't quantified, payment solutions typically generate transaction-based fees while increasing platform stickiness through deeper integration into hotel operations. The phased implementation approach suggests Sabre is taking a measured approach to ensure platform stability across its customer base before full deployment.

The guest-centric solution seamlessly offers travelers new ways to pay and streamlines financial operations through orchestration

SOUTHLAKE, Texas, March 3, 2025 /PRNewswire/ -- Sabre Hospitality, a division of leading global travel technology company Sabre Corporation (NASDAQ: SABR), today shared plans to release SynXis Pay, its new solution that eases payment pain points for travelers and hoteliers alike.

For travelers, SynXis Pay integrates with over 250 alternative payment methods, including Apple Pay, Google Pay, PayPal, Klarna, WeChat Pay and more, adding much needed flexibility when it comes to checking out on their favorite hotel websites. Additionally, it enables a new express checkout experience in SynXis Booking Engine if the guest selects Apple Pay or Google Pay.

Those integrations are just one part of the equation. For hotels, SynXis Pay greatly reduces the complexity of managing multiple payment types in one place. SynXis Pay's orchestration layer – powered by CellPoint Digital, the leader in payment orchestration –optimizes global payment acceptance by seamlessly connecting to multiple gateways and dynamically enabling the most relevant payment methods based on the guest's location. In collaboration with other payment partners within the ecosystem, hotels can customize payouts in their local currency, converting from the guest's preferred currency. This minimizes exposure to foreign exchange rates and simplifies reconciliation. Plus, the enhanced guest experience contributes to increased conversion rates.

"At Sabre Hospitality, we love to solve complex travel challenges in ways that benefit both our customers and travelers," said Juan Abello, Vice President of Product Management at Sabre Hospitality. "SynXis Pay is a prime example of that mission, offering travelers the flexibility and personalization they desire, while simplifying the resulting output and payout for our hoteliers. For some time, both sides of hospitality transactions have been hungry for improved payment processes. This is the truest definition of a 'win-win' scenario."

SynXis Pay will be released in phases over the coming months.

About Sabre Corporation   
Sabre Corporation is a leading technology company that takes on the biggest opportunities and solves the most complex challenges in travel. Sabre harnesses speed, scale and insights to build tomorrow's technology today – empowering airlines, hoteliers, agencies and other partners to retail, distribute and fulfill travel worldwide. Headquartered in Southlake, Texas, USA, with employees across the world, Sabre serves customers in more than 160 countries globally. For more information visit www.sabre.com.

Media Contact:
Cassidy Smith-Broyles
Cassidy.Smith-Broyles@sabre.com
sabrenews@sabre.com

SABR-F

Sabre logo. (PRNewsFoto/Sabre) (PRNewsFoto/SABRE)

 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/sabre-hospitality-introduces-synxis-pay-to-improve-payment-experience-and-simplify-transactions-for-hoteliers-302389640.html

SOURCE Sabre Corporation

FAQ

What payment methods will Sabre's SynXis Pay support?

SynXis Pay will integrate with over 250 alternative payment methods, including Apple Pay, Google Pay, PayPal, Klarna, and WeChat Pay.

How does SynXis Pay benefit hotel operators using SABR technology?

It simplifies payment management, enables local currency payouts, reduces foreign exchange exposure, and streamlines reconciliation processes.

When will Sabre (SABR) launch SynXis Pay?

SynXis Pay will be released in phases over the coming months from March 2025.

What are the main features of SABR's SynXis Pay for travelers?

It offers flexible payment options through 250+ payment methods and enables express checkout experience when using Apple Pay or Google Pay.

Sabre Corp

NASDAQ:SABR

SABR Rankings

SABR Latest News

SABR Stock Data

1.58B
359.02M
2.77%
95.79%
5.41%
Software - Infrastructure
Services-computer Programming, Data Processing, Etc.
Link
United States
SOUTHLAKE