Outpayce, Amadeus’ wholly owned payments business, has
received an eMoney institution license from the Bank of Spain, which gives it
the “regulatory greenlight” to begin issuing virtual cards across
travel agency booking systems and corporate self-booking tools, the company
announced.
Outpayce, which
Amadeus launched last year, plans soon to begin issuing pre-paid virtual
cards that can pay airlines and hotels within the booking systems and also be
used by business travelers in digital wallets to pay for taxis, meals and other
expenses during their trip. It initially will be able to issue cards only in
Spain, but soon they will be able to be issued and used across the EU,
according to an Amadeus spokesperson.
The issuing capability “complements Outpayce’s open
payments platform that will allow any fintech company to easily connect with
Amadeus’ travel customers,” according to Outpayce CEO David Doctor.
