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Ayruu, the all-in-one business travel company, has chosen Edenred Payment Solutions to provide virtual cards in its workflow, making 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. In addition to quicker settlement times and improved cash flow management, Ayruu will 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 spending controls—such as selecting specific merchant category codes—ensure 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 spending 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.”
About Edenred Payment Solutions:
Edenred Payment Solutions enables clients to offer digital banking, embedded finance and card-based solutions to their customers. Working with clients such as Tide, Sainsbury’s, Foncia and Bouygues, EPS has 15+ years of industry expertise delivering flexible payment solutions for fintechs, corporates and retailers. As an Electronic Money Institution, regulated by the FCA and NBB, it helps deliver a unique product experience, without regulatory complexities.
By providing a suite of functional APIs, clients can access an ecosystem of connections including payment schemes and banking solutions with ease. As a Mastercard Principal Member, it also offers card issuing and BIN sponsorship to accelerate time to market.
Edenred Payment Solutions is also part of the wider Edenred group, giving it the financial backing to provide clients with long-term stability and security. For more information, please visit: Edenred Payment Solutions.
About Ayruu:
Ayruu stands as the all-in-one solution transforming the landscape of corporate travel for professionals. Ayruu empowers businesses to sidestep the complexities of hidden travel management by office administrators, while regaining control over employee bookings, thus avoiding the concealed costs associated with traditional travel agencies.
The platform equips enterprises with the tools to craft and refine their travel policies through access to travel data, facilitating informed decision-making. Installing the Ayruu solution is a breeze, taking just 30 minutes and sparing valuable time and resources.
Tailored for office managers, travel managers, and assistants overseeing business travel arrangements, Ayruu sets itself apart through a strategic positioning that reduces intermediary involvement, maintains independence, ensures transparent supplier pricing, and fosters connections across both B2B and B2C platforms. Ultimately, Ayruu guarantees a notable reduction in companies’ travel budgets, solidifying its position as the premier choice for streamlined corporate travel management.