Putting trust back into travel supplier payments
Partnerships are the backbone of the travel industry, allowing companies to grow by providing travellers with the services they seek. To do this, the travel value chain needs efficient systems and processes that keep things flowing smoothly.
You’re busy juggling all the tasks involved in running a travel business. This makes keeping track of invoices and making sure your suppliers get paid on time a real challenge. Understandably, travel providers of all sizes seek solutions to this prevalent problem. That’s where Trust My Travel comes in.
We make your life easier with our pay-as-you-process travel payment solution. It combines a merchant account, financial failure insurance and supplier payments—all in one platform with no bond required. Use the time our travel payment solution saves you to focus on what matters most: your customers.
Making supplier payments simple (as they should be)
Supplier payments have become more complex, with travel companies managing more suppliers in different countries with varying regulations and currencies, as well as outdated payment systems with poor payment status visibility.
How can travel providers avoid making late payments? By finding a solution that encourages responsible financial management and hassle-free supplier payment processes.
With our solution, you can register, manage and schedule supplier payments on the intuitive Trust My Travel dashboard. You’ll have the tools to pay suppliers on time (every time), benefit from better cash flow visibility and make fewer manual errors that cost you precious time and money.
Pay suppliers on time, every time
Late supplier payments damage relationships. In our article exploring the state of supplier payments going into 2025, we explained that almost 40% of businesses receive most invoice payments outside of the agreed payment terms. It’s a real problem, not just for travel providers, but for all companies.
Forgetting to pay a supplier on time is frustratingly easy to do, and often, it’s not intentional. However, repeated late payments will damage your reputation and may cause service disruptions for your suppliers’ customers. It’s a problem that needs to be fixed.
The good news is that the Trust My Travel dashboard makes it easy to allocate supplier payments, giving you more time for other tasks. Here are just a few benefits your travel company will see when you choose our travel payment solution:
Gain more visibility into cash flow
Tracking payments across several suppliers makes cash flow management difficult. Our solution gives you a complete view of all transactions in the Trust My Travel dashboard, where you can make allocations and view your bookings, transactions, ledger and statements.
Reduce manual errors
Manually entering payment details and reconciling invoices month after month is time-consuming and error-prone. Trust My Travel’s dashboard simplifies the process for you.
Settle with suppliers before departure
Benefit from early releases from trust to pay your suppliers, covered by financial failure insurance (FFI). This safeguards your business from financial loss in the event of supplier insolvency. It’s never been easier to pay your suppliers promptly (and with confidence).
Leave the complex stuff to us so you can focus on what brought you to the travel industry in the first place: delivering unforgettable travel experiences.
Supplier payments are just the beginning
Making supplier payments easier is just one piece of the puzzle. Our travel payment solution also includes:
Card payment processing from major card providers and alternative payment methods
Financial protection against your insolvency, meaning customers have more trust in your business
The ability for your customers to pay via bank transfer because it’s convenient and secure
Whether you’re a tour operator, accommodation provider or coach holiday provider, we help you build trust with your customers, comply with travel payment regulations, strengthen payment security and make it easier for you to pay your suppliers on time, every time.
Get in touch today to learn more about how our travel payment solution helps you cultivate stronger supplier relationships.
