Visa, Qashio unveil travel payment platform at ATM 2025

Visa, Qashio unveil Qashio for Travel
Image Supplied | Cropped by GBN
By News Desk, GCC Business News

Qashio, a provider of spend management solutions, and Visa, a key player in digital payments, have unveiled ‘Qashio for Travel,’ a next-gen payment platform designed to address the operational and financial challenges within the travel industry.

Launched during the Arabian Travel Market (ATM) 2025, ‘Qashio for Travel’ aims to help businesses gain complete control over their global spend by providing instant virtual cards tied to each PNR, setting detailed spending limits.

This pioneering platform supports payments in AED, SAR, USD, EUR, and GBP, helping travel agencies with foreign exchange management while streamlining back-office operations, maximizing margins, reducing booking costs and the risk of fraud.

With Qashio’s automated reconciliation capabilities, travel businesses can eliminate error-prone manual processes and unlock faster, more accurate financial reporting. Qashio for Travel provides the tools to enhance cash flow, track itinerary-level expenses in real time, and earn rebates on every transaction.

Visa, Qashio unveil travel payment platform
Armin Moradi
CEO & Co-Founder
Qashio

“We’re excited to unveil Qashio for Travel during Arabian Travel Market, where the energy and innovation in the travel space truly reflect the opportunity ahead. Travel businesses in the UAE have long needed a smarter, more transparent way to manage spending. With Qashio for Travel, we’re proud to launch a product designed specifically for their fast-paced, high-volume operations — one that offers control, automation, and rewards in one powerful platform. With the country now ranking sixth globally for international tourist spending, recording $51.9 billion in receipts, this sector is vital to our economy, and we’re proud to support it with the right financial infrastructure. Visa’s strategic support and global insight have helped elevate this product to meet the real-world demands of this industry.”

Salima Gutieva, Visa’s VP and Country Manager for UAE, added that, “The Middle East is one of the fastest-growing tourism regions in the world, and the travel sector is central to its economic diversification. We’re proud to collaborate with Qashio on a solution that not only modernizes payments for travel companies but also contributes to the region’s long-term tourism goals. Qashio for Travel reflects the strength of our partnership combining Visa’s global payment infrastructure with Qashio’s commitment to innovation to deliver real impact for businesses.”

Recently, Qashio and Visa launched the ‘Visa Commercial Choice Travel’ program in the region, investing over $27 million (AED 100 million) to support the travel industry across the UAE, MENA, Europe, and the UK. This solution enables travel companies to issue Qashio cards in multiple currencies and smoothly integrate with booking platforms and global distribution systems (GDS).

As the UAE is transforming into a cashless economy, ‘Qashio for Travel’ positions Qashio and Visa as key enablers, equipping the travel industry with cutting-edge digital tools it requires to move faster and smarter while competing globally.

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