Travel technology specialist Multicom has secured another Middle East contract.
The deal will see Dubai-based travel agency Afamia Tourism use card payment facility MultiCommerce for its international business transactions.
It provides Afamia Tourism with the ability to eliminate its previous time consuming transaction processes at unfavourable exchange rates.
The deal follows Multicom’s debut at the Arabian Travel Market in Dubai in May and it expects to finalise other deals.
The company already supports Dubai-based South Travels, Rehlat Travel in Kuwait, iTrip, part of the Saudi-based Fursan Travel; and Adonis Travel of Istanbul.
Multicom chief executive John Howell said: “We’re delighted to have completed our quickest ever contract negotiation with Afamia Tourism and are confident several other deals that are in the pipeline will be signed in the very near future.
“There is huge business potential for MultiCommerce in the region as it is a rapidly growing method of addressing global transactions at an affordable, manageable and efficient manner that was not previously available to this market.
“There is a very small number of people who can provide this facility of pre-paid cards for the travel industry in the Middle East and we are ideally placed to maximise the opportunities to grow our market share in the region.
“We’re therefore confident that this will be the first of many new Multicom customers as we continue our ambitious growth plans across Europe and the Middle East.”