Travelsoft Pay and Mastercard to Automate B2B Travel Payments as Distribution Gets More Complex

Travelsoft Pay, the payments division of Travelsoft Group, announced a partnership with Mastercard to build a travel-focused B2B payments platform. The companies said the platform is designed to improve how money moves between travel intermediaries and suppliers by combining Travelsoft’s travel software integration with Mastercard’s payment infrastructure and virtual-card capabilities.

In travel, a single booking can trigger multiple supplier settlements across different countries, currencies, and timelines. Travelsoft Group says its platforms support hundreds of travel customers and process around €50 billion ($54.5 billion)  in annual travel gross merchandise value, giving Travelsoft Pay a large installed base for payment automation.

How the platform works and what changes operationally

The platform uses Mastercard’s Wholesale Program (MWP), which supports B2B travel payments via virtual card numbers (VCNs). A VCN is generated for a specific transaction, which can improve traceability and control compared with traditional manual settlement methods. Mastercard describes the program as a global B2B travel payments solution built around virtual card technology for travel intermediaries.

Travelsoft Pay says its platform is cloud-native, modular, and API-first, and integrated with Travelsoft’s travel systems. In practical terms, that means payments can be embedded into existing booking and operations workflows instead of being handled in separate manual steps. The expected operational benefit is less back-office work, faster reconciliation, and better real-time visibility into pay-ins, pay-outs, and settlement status across multi-country, multi-currency flows.

What to expect next

The partnership announcement does not include a detailed rollout schedule, named pilot customers, or market-by-market launch phases. So the next key update will be adoption data: which travel intermediaries go live first, where, and at what volume. It also fits Travelsoft’s broader automation push, including its 2025 airQuest acquisition to strengthen flight booking and back-office automation.

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