The partnership was unveiled during Glamour's national convention on September 14 and 15, while registrations for the platform will officially open at the TTG Travel Experience in Rimini, taking place from October 9 to 11.

Thanks to this collaboration, travel agents affiliated with Glamour will not only be able to book and pay in real-time for transactions and tickets related to Glamour's programs but also gain access to an extensive network of suppliers already present on Travel Ledger. This innovation enables all B2B payments to be managed from a single digital bank account, simplifying daily financial processes and improving operational efficiency.

Roberto Da Re, CEO of Travel Ledger, stated:
"The partnership with Glamour allows us to expand our B2B payment and settlement network to over one thousand Italian travel agencies. These agencies will now be able to manage supplier payments directly, reducing administrative costs through the use of a single digital bank account, with no added fees."

Nicola Bonacchi, General Manager of Glamour, added:
"Travel Ledger has already proven its effectiveness in handling significant transaction volumes in other European markets for B2B payments. The platform not only offers us, but also our agents, the opportunity to automate the entire payment process via instant transfers, helping both parties reduce banking fees and save time."

Glamour will also utilise TL Pay Instant, the new functionality of Travel Ledger, which allows the payment process to be integrated directly into the booking process. This feature functions similarly to a Virtual Card, but at a fraction of the cost, offering a more efficient and cost-effective solution for handling real time collections.

Glamour is a tailor-made tour operator and flight consolidator, a leader in the Italian market, offering bespoke travel solutions to a wide range of clientele. The company boasts an extensive distribution network and a team of sales representatives across Italy, actively promoting their products to a base of 1,000 established partners and reaching almost 2,000 registered agents.

Benefits For Travel Agents

The use of Travel Ledger provides numerous benefits to travel agents, including:

• Uniform data format from suppliers: Instead of receiving files in different formats from each tour operator, Travel Ledger ensures that all data is provided in a standardized format, simplifying management and reducing operational errors.
• Automation with back-office systems: The platform easily integrates with agencies' existing management systems, automating both payment processing and reconciliation.
• Direct control of funds: Travel Ledger allows agents to retain full control over their funds through their own TL Pay account, eliminating the need to pre-fund supplier-managed accounts and enabling agents to manage their money until the moment of payment.
• Reduction in banking fees: With instant transfers, no additional fees, and free access to the TL Pay account, financial transaction costs are significantly reduced.
• Efficiency and transparency: All transactions are tracked and managed in real-time, ensuring greater transparency and control over cash flow.

The partnership between Glamour and Travel Ledger marks a significant step forward in the digitalisation and automation of financial processes in the travel sector, offering efficiency and innovation to benefit all stakeholders involved.