Sabre on Aug. 3 acquired Conferma Pay, the longtime partner that powers its Sabre Virtual Payments solution. Terms were not disclosed.
“We believe we are now well-positioned to expand on that proposition with Conferma Pay becoming a Sabre-owned entity,” according to a Sabre statement. The company provided the comment after The Company Dime viewed a letter penned by Martin Cowley, a former Sabre exec who is now interim CEO of Conferma Pay, to Conferma partners.
“Payments in the travel industry are in the midst of a revolution and, increasingly, agencies and . . .