VLeisure the one-stop B2B travel marketplace connecting travel agents with inventory in over 147 countries, announced a new credit service that will empower travel buyers.
Using VLeisure credit, agencies will be able to buy products from VLeisure’s portfolio of hotels, airline tickets and travel insurance through VLeisure’s latest payment system. Credit members will have access to a Virtual Card which provides immediate credit to buy products and services from the VLeisure global marketplace. Funds are managed seamlessly using E Wallet, with a choice of flexible repayment options. The VLeisure credit service will free up agency capital enabling them to finance other parts of the business, such as marketing and sales.
Phan Le, VLeisure’s CEO, said: “The travel ecosystem traditionally operates on a book now, pay now basis. This is a fixed system which does not offer any flexibility for agents. Smaller agents often have to shift funds around to finance client orders, which means that other parts of the business, such as sales and marketing, are often underfunded. By providing credit at times when they need it most, VLeisure is providing agencies with greater control - fulfilling client orders while at the same time focusing on business growth.”