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Business Travel Company Ayruu and Edenred Payment Solutions Revolutionise Travel Expenses With Embedded Payments
The all-in-one business travel company, Ayruu and Edenred Payment Solutions to provide virtual cards in its workflow, to make paying suppliers and travel partners easier across France and Europe.
Using Edenred Payment Solutions, Ayruu can streamline its B2B payments, eliminating the need for manual check processing or wire transfers. As well as quicker settlement times and improved cash flow management, Ayruu will also benefit from the added security of single-use Virtual Card Numbers (VCNs) and spend controls to mitigate the risk of fraud in online payments.
Access to EU payment schemes like SEPA Credit Transfer means Ayruu can top up funds into its master account for working capital, while the spend controls – such as selecting specific merchant category codes – ensures cards can only be used for valid travel payments.
The solution is integrated seamlessly with Ayruu’s software using Edenred Payment Solutions’ API-based platform, making the new process a simple addition to Ayruu’s existing workflow.
Karine Martinez, Head of Sales at Edenred Payment Solutions said: According to the GBTA, global business travel spend is set to surpass pre-pandemic levels and reach $1.4 trillion in 2024. Making business travel easier to book and pay for will hugely improve that journey for so many people, and we’re really excited to be working with the team at Ayruu to help them streamline their internal payments process. We’re passionate about helping growing businesses make their payments and financial services work better for them, so they can achieve their bigger business goals undistracted. We’re really proud to have been able to achieve that for Ayruu.
Sandrine Wu Jye, Co-founder of Ayruu added: “Ayruu is a SaaS solution that combines the entire world of corporate travel. Working with Edenred Payment Solutions, we’ve managed to significantly streamline our supplier payments with virtual cards – making it quicker, more efficient, and even safer to pay them. Since launch, we’re proud to say that Ayruu will be able to achieve its goal of eliminating 100% of expense reports for clients. By making that payment process better, we can create an even smoother journey between hotels and accommodation providers, businesses and their employees.”
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