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Travelport’s Bet on a Commercial Payments Business Begins to Pay Off

By Sean O’Neill, Skift

Visual Hunt

The bosses of eNett, a Travelport-owned company, are sitting pretty these days thanks to solid revenue growth Visual Hunt

Skift Take: While Travelport is best known as a middleman for selling airplane tickets, its fastest-growing segment is in commercial payments. While payments competitors like Wex and Worldpay don’t have to worry yet, they may have to soon.

— Sean O’Neill

Travelport enjoyed a stronger-than-expected first quarter, thanks to a strong performance in its core business as a middleman that helps agencies book travel for customers.

But the travel technology company also processes payments for agencies through a majority-owned subsidiary, <a class="colorbox" href="https://www.enett.com/" …read more

From:: Skift

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