Online Travel Agencies

Payment challenges for OTAs and travel platforms

Online travel agencies manage complex payment flows across multiple suppliers, currencies, and settlement methods.

Slow, expensive bank transfers or cheques
No clear view of where funds are or when suppliers get paid
FX fees that reduce margin
Hours spent on reconciliation and reporting
Fraud and revenue leakage that's hard to catch

Virtual cards have become how travel platforms move money to suppliers. Thredd helps OTAs and their programme partners make that shift, simplifying payment flows, reducing manual work, and improving visibility across every booking and payout.

Greater control over payments

Faster supplier payments

Pay suppliers more quickly and reliably, without depending on manual settlement cycles.

Better visibility and control

See exactly where funds are across bookings and payouts, with control over how and when suppliers get paid.

Reduced operational effort

Remove manual payment processes that slow teams down and create errors.

Simpler reconciliation

Link payments to booking and reservation data for faster, cleaner reporting.

Lower FX and payment costs

Reduce cross-border payment costs compared to traditional bank transfers, with clearer visibility on FX.

Improved risk management

Apply card-level controls to reduce fraud, payment leakage, and unexpected costs.

Dynamic Interchange

Thredd is the only issuer processor live with Dynamic Interchange for the Mastercard Wholesale Programme.

Built for online travel agencies and B2B travel payment programmes, it lets issuers instantly switch between 13+ global interchange rates at the point of virtual card issuance, without new BINs, and without new integrations.

Instant interchange switching

Switch between 13+ global interchange rates at the point of virtual card issuance, capturing the optimal rate on every transaction.

No new BINs required

Run multiple interchange rates within a single BIN, removing the operational overhead of building and managing separate BIN ranges per rate.

Existing API endpoints

Dynamic Interchange is built into Thredd's existing Create Card REST API, with no additional integration layer required.

Optional rebate reporting

An optional monthly rebate report provides clear reconciliation of interchange activity across all qualifying transactions.

Global availability

Available across all Thredd production environments with no regional restrictions, for new and existing Mastercard Wholesale Programme clients.

Travel payments report

Explore how payment innovation is reshaping the travel industry and what OTAs and travel platforms can do to stay ahead of rising transaction volume, competition, and operational complexity.

Inside the report: