Adyen (AM: ADYENThe global financial technology provider has deepened its long-standing collaboration with lastmonth.com, Europe’s leading player in dynamic holiday packages. The latest development introduces Adyen’s payment capabilities and enables the travel platform to streamline supplier payments. Visa-branded prepaid virtual cards. The move is designed to reduce costs associated with currency conversion while accelerating access to funds for airlines, hotels and other key partners.
The travel industry has long been plagued by complex backends payment processes.
Supplier transactions often require personalized handling card configurations lead to labor-intensive manual interventions that consume time and resources.
To overcome these obstacles, lastmonth.com seamlessly incorporated Adyen Basım into its existing structure. infrastructure.
The solution offers advanced, multi-layered controls for both corporate accounts and individual cards, allowing for the near-instant creation of new virtual cards in a variety of currencies.
Combining incoming and outgoing payments In a single platform powered by Adyen, the company has significantly simplified the process of paying suppliers.
What once required fragmented systems now flows through a unified, efficient channel.
The implementation was completed in less than a month and delivered immediate benefits: Supplier funds are now transferred directly to virtual cards, cutting two to three days off typical transfer timelines and reducing foreign exchange costs.
Additional efficiencies emerged in daily operations.
Teams can now land critical hits data– like real-time card balances – much faster than before.
Reconciliation processes improved by approximately 5 percent, allowing staff to focus on strategic initiatives rather than routine administrative tasks.
These advancements underscore how integrated payment technology can transform operational agility in a fast-paced industry.
This expansion aligns with lastminute.com’s ongoing effort to improve the overall traveler experience.
Last year, the partnership facilitated the launch of four new products payment options shorten product launch times by approximately 70 percent and reduce associated expenses by approximately 60 percent.
This progress underlines a shared commitment to innovation that benefits both business and customers.
“This partnership with Lastminute.com demonstrates the power of advanced technology to streamline payment workflows and increase flexibility and performance across operations,” he said. Gabriele BellezzeAdyen’s Country Manager Italy.
“By empowering a forward-thinking brand like this, we turn complex challenges into competitive advantages in an ever-evolving market.”
Adyen provides end-to-end payment processing, analytics and financial tools in a comprehensive global system serving major brands worldwide.
Listed on lastminute.com. SIX Swiss Stock Exchangespecializes in real-time, customizable vacation packages through its flagship brand and a range of specialty verticals.
It continues its activities as a fully licensed tour operator. Support Flexible travel solutions with added protections for consumers. This latest milestone not only accelerates supplier relationships but also strengthens Adyen’s role as a high-growth facilitator trip-technology companies.
