Payment orchestration provider BR-DGE has picked up a merchant partnership deal with independent travel company Travel Counsellors.
Edinburgh-based BR-DGE says it will provide the business with access to various payment providers and alternative payment methods via its orchestration platform.
Jacob Spencer, Head of Commercial at BR-DGE, says: “We have seen that the sector is on track for a strong recovery; Travel Counsellors was well placed to bounce back and has had a tremendous last six months with record bookings in FY22 as sales levels reach 140% of FY19.”
He adds that the fintech firm’s research has shown that over 13.4% of online transactions in the travel sector fail. The new deal is designed to help Travel Counsellors’ consumers with bookings.
Travel Counsellors is based in Manchester and has a turnover of £700 million per annum. It has over 600,000 customers worldwide by booking over 300,000 itineraries each year.
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BR-DGE was founded in 2018 and has built an independent payment orchestration platform. Its clients include FxC Pay, First Group and Edgar, Dunn & Company.
The Scottish fintech firm is staying busy.
In March, it announced the appointments of Kenny Scott to the position of Chief Technology Officer (CTO) and Sean Murray as Senior Product Manager.
Prior to that, BR-DGE revealed its plans for US expansion.
The fintech firm clearly believes the US market is not a bridge too far. It talked about “major growth plans” for 2022, following a “substantial” follow-on investment from existing shareholders in Q3 2021.
With North America representing 25% of the global payments market, BR-DGE wants a piece of the action.