Germany and South Africa, 22nd September – Hahnair and Glyde Payments have introduced HR-PAY Plus, a virtual Mastercard designed exclusively for IATA-accredited travel agencies in South Africa.
The new payment solution enables travel agencies to pay domestic and international travel suppliers through a secure, fully virtual payment solution while benefiting from financial rewards and simplified payment processes. Agencies can create virtual cards within seconds, tailor them to specific payment requirements, and make unlimited cross-border payments without cross-border mark-ups or foreign exchange fees.
A key benefit of HR-PAY Plus is its built-in rewards programme. Participating agencies receive a total rebate of 1% on travel-related transactions, consisting of a 0.5% client rebate paid directly by Glyde into the agency's Glyde bank account and a 0.5% loyalty incentive provided by Hahnair. This loyalty incentive will be paid to the agency's HR-PAY Global account, the Hahnair-issued UATP card. In addition, agencies earn 3% annual interest on positive Glyde bank account balances.
Key benefits of HR-PAY Plus include:
• 1% rebate on every travel-related transaction
• No cross-border mark-ups or FX fees on international travel-related payments
• 3% annual interest on positive Glyde bank account balances
Additional features of HR-PAY Plus include enhanced payment security through a fully virtual card environment, immediate fund transfers, simplified reconciliation and reporting capabilities, as well as priority support from Hahnair for participating agencies.
"Travel agencies are looking for payment solutions that not only support operational efficiency but also contribute tangible financial value," said Silke Hahn, Vice President and Head of HR-PAY Plus at Hahnair. "HR-PAY Plus allows agencies to streamline supplier payments while generating rewards from their everyday travel spend."
"Glyde is committed to delivering smart, regulated payment solutions tailored to the needs of South Africa's travel industry," said Paulina Klotzbücher, CEO and Founder of Glyde Payments. "Together with Hahnair, we are providing agencies with a payment platform that combines security, compliance and added value."
HR-PAY Plus is powered and issued by Glyde Payments and combines Glyde's expertise in regulated B2B payments with Hahnair's more than 25 years of experience serving the global travel trade.
For more information, visit HR-PAY-Plus.