Omnio Helps STA Travel Mastercard Take Off In Austria
London, UK, 10 January 2018 – Omnio Group, a banking and payment services provider formed by the merger of Payment Cloud Technologies (PCT) and Tuxedo Money Solutions, has partnered with student travel specialist, STA Travel, to launch its innovative STA Travel Mastercard and digital account on the Austrian market.
STA Travel’s cash card and digital account have been developed by both Omnio and STA Travel especially with Austria’s gap-year travellers in mind. The combination of an eWallet with the traditional card is unique among existing travel payment solutions available in the country, and means that account holders can store the bulk of their funds in a secure digital space, only downloading cash to their card when and where they need it.
This is crucial for Austrian gap-year travellers. Many have saved considerable sums to pay their way on their tour, so having a secure digital space to store the majority of their money until they need it ensures that, if they lose their card, they can be confident their money is safe and secure. Thanks to Omnio’s global presence, a replacement can be sent to STA Travel’s customers quickly no matter where in the world they are staying.
In addition, as a Mastercard® the product can be used at any of the 35 million locations and two million ATMs across the globe where the card scheme is accepted.
Speaking about the launch of the card and digital account into Austria, Anneli Buehrle, Ancillary Product & Contracting Manager at STA Travel explained: “Our launch into Austria is just the latest step for our travel payment offering – is the card and account already available to customers in the UK, Germany and Australia and is used by travellers in more than 181 countries around the world every year.
“Omnio has played a key role in helping us create this unique product and achieving the international coverage we offer. The company’s global presence and local knowledge means we are able to deliver a travel payment solution that our customers can be confident about using in even the most exotic places around the world.”
Rob Darby, Director of Partnerships at Omnio, added: “We’ve been collaborating with STA Travel on developing its payment solutions for a decade now, and are proud to have supported it in achieving its global growth ambitions. We’re looking forward to continuing to work with the company to create even more new products to meet its customers’ needs well into the future.”
Ian Clowes, CEO at Omnio, concluded: “It’s fantastic to see how this card and digital account has gone from strength to strength in recent years. Travellers are constantly on the lookout for ways to pay for treats on their holiday without having to worry about losing their money. Innovative solutions like this, which provide the perfect balance between security and convenience for travellers can go a long way towards helping travel brands thrive in the long term in a competitive global market.”
To find out more about the STA Travel prepaid card and digital account, visit: www.statravel.co.uk/cashcard.htm.
To learn more about how Omnio can support your business in meeting its travel payment product needs, visit: omnio.global
Omnio was formed in 2018 from the merger of Payment Cloud Technologies (PCT) and Tuxedo Money Solutions, in a deal worth £70 million. Omnio powers valued brands to deliver superior digital financial services that meet the ever-changing needs of current and future customers. Headquartered in the City of London, Omnio has operations in Milan, Melbourne and Chester supporting some of the world’s leading brands in providing a range of flexible and reliable financial services including digital banking, prepaid and travel card systems.
Omnio’s cloud-based platform, Omnio.VISION, is transforming the way banking and payments are delivered, enabling customers to harness robust banking-grade financial services every day.
About STA Travel:
STA Travel has more than 35 years of experience as the youth travel expert enabling students and young adults to explore the world by creating experiences filled with adventure, discovery and personal growth. We offer a unique range of products with exclusive discounts on airfare, accommodations, tours, rail passes and more. Globally, we are present in 60 countries with 200 retail locations, sending more than 6 million travellers away each year.