Mint Payments, a specialist in travel industry payments, has announced its new partnership with the Association of British Travel Agents (ABTA), the UK's largest travel trade body. This collaboration aims to address the complexities of the UK travel payments market, which has been underserved by traditional providers. Mint's partnership with ABTA follows its strategic alliance with The Travel Network Group and the appointment of Simon Bowles as UK Managing Director last December.
Founded in 1950, ABTA represents over 4,300 travel brands, collectively selling more than £40 billion in holidays annually. Mint's partnership with ABTA confirms its expertise in the field and its commitment to enhancing relations with ABTA members. "We're proud to partner with ABTA, holding the same high service standards dear to our heart," said Simon Bowles. "This partnership further underlines our commitment to offering UK travel businesses the very best industry-tailored payment solutions."
Mint Payments, established in Sydney in 2007, processes over USD $2.2bn (£1.7bn) in transactions annually across Australia and New Zealand. Its UK expansion is driven by the need to provide better payment solutions as legacy providers have stepped back or altered pricing structures. Mint's platform integrates payment acceptance into booking workflows, enabling agencies to manage settlements efficiently.
Mint Protect offers a financial guarantee against chargebacks and supplier failures, reducing the need for large reserves. Simon Bowles highlighted, "Our platform is designed specifically for the complexities of travel, connecting payment acceptance, reconciliation, and risk management in a way that traditional providers simply weren't built to do."
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