Modulr Partners with Juniper Travel Technology to Enhance Security and Efficiency for Online Travel Agencies
London, 13th March, 2025:
Modulr, a leading embedded payments platform, has announced a strategic partnership with Juniper Travel Technology, a global travel technology company specialising in online solutions and connectivity. This collaboration brings together two industry leaders, in travel channel management and in virtual card provision for online travel agencies (OTAs) and other travel businesses, and it offers users a huge inventory of content backed by flexible, fast, secure payment methods.
Modulr’s research into Europe’s OTAs reveals that 99% lose time and money to payment friction, while 96% are convinced that their travel payments could be better structured. Alongside these concerns, 93% are worried about rising costs and 83% fear the threat of fraud around their B2B payments.
In this context, Modulr and Juniper’s partnership introduces a groundbreaking solution that addresses longstanding concerns in the travel industry. Traditionally, OTAs have needed to share their own API keys with Channel Managers to access purchase and booking systems for accommodation, flights and ancillary services. Conducting these bookings separately is a fragmented process with additional risk with every extra exchange of data and payment.
The deep technology integration between Modulr and Juniper allows OTAs to access Juniper’s vast travel inventory via an innovative proxy service, while providing the reliability of Modulr’s powerful virtual card payment capability.
That proxy service acts as a protective bubble, eliminating the need for the OTA to share an API key directly with Juniper and ensuring that bookings can be made rapidly and securely.
Key Benefits for OTAs and Travel Businesses
- Enhanced Security: The new proxy service allows Juniper to rely upon a single API key to connect to a defined Modulr account for each OTA or travel operator. These Modulr accounts are specifically designed to significantly reduce security risks and manage connections between channel managers and OTAs efficiently and effectively.
- Maximised Earning Potential: Juniper clients can now leverage issuance of Modulr's virtual cards across both Visa or Mastercard, with six interchange levels available to increase the likelihood of acceptance and optimise supplier payments. This level of choice also allows OTAs to optimise their chosen payment cards for different interchange fees, allowing revenue to be tailored to suit each specific circumstance.
- Improved Working Capital Management: Virtual cards can be set with authorisation windows aligned with check-in and check-out dates, helping to manage OTAs’ working capital by delaying card funding.
- Fraud Protection: Setting virtual cards with one-time payment options and restrictions to specific supplier types provides greater control over payment flows and enhances fund recovery capabilities in cases of fraud or supplier default.
- Extensive Experience: Modulr’s expertise in virtual cards is reflective of its foundational role in embedded payments across many markets. Through its direct API integrations and as a principal issuing member of Visa and Mastercard across the UK and Europe, Modulr builds payment solutions offering businesses access to unlimited virtual cards, and extensive capabilities around account-to-account payments through Faster Payments, Bacs, CHAPS, Open Banking, SEPA and SWIFT.
Camilo Pereira, Relationship & Corporate Integrations Director at Juniper Travel Technology, commented: "This integration with Modulr represents our commitment to provide our clients with secure and efficient payment solutions. By integrating Modulr's embedded payments platform, we're enhancing the overall experience for OTAs and travel businesses partnering with Juniper."
Melek Pirgon, Chief Product Officer at Modulr added: "Our collaboration with Juniper Travel Technology demonstrates our commitment to addressing the unique challenges faced by the travel industry. By combining our expertise in embedded payments with Juniper's extensive travel technology solutions, we're creating a more secure and streamlined ecosystem for OTAs and their customers."
This partnership is set to revolutionise how OTAs and other travel businesses manage payments and access travel inventory, offering a seamless, secure, and efficient solution for the evolving needs of the travel industry.
ENDS
About Modulr
At Modulr, our vision is a world where all companies are powered by embedded payments. We enable thousands of businesses, from SMEs to enterprises, to efficiently pay-in, collect and disburse funds instantly via a range of payment methods, accounts and card products.
Modulr processes over 200m transactions and over £150bn of payment value on our platform, on an annualised basis.
Our portal and API integrations offer access to Faster Payments, Bacs, CHAPS, Open Banking, SEPA and SWIFT and we are principal issuing members of Visa and Mastercard across the UK and Europe.
We are regulated as an Authorised Electronic Money Institution (AEMI) in the UK by the Financial Conduct Authority and in the Netherlands by De Nederlandsche Bank.
Learn more at modulrfinance.com
About Juniper Travel Technology
Juniper Travel Technology empowers the travel industry with cutting-edge technology solutions. For over 20 years, we have been delivering state-of-the-art solutions tailored to the diverse needs of the travel sector.
With a strong global presence in more than 50 countries and a client base of over 550 companies, including Airlines, OTAs, DMCs, Bedbanks, Tour Operators, among others.
One of our core strengths is our robust integration capabilities, allowing clients to stay competitive in a rapidly evolving market. With over 1,000 XML connections, our platform seamlessly integrates with major travel suppliers, including hotels, car rental companies, airlines, ancillary service providers and others.
We also facilitate product distribution through a large portfolio of over 1,500 buyers already connected, designed for seamless integration and real-time data exchange, reducing time-to-market and operational overhead.
Follow Juniper Travel Technology:
Website: https://ejuniper.com/en/
LinkedIn: https://www.linkedin.com/company/juniper
Youtube: @Ejuniper_es