Business Travel Blog

Browse through our selection of business travel resources and the latest travel industry updates

Portman and FairFX announce partnership

Portman is pleased to announce it has signed a partnership with FAIRFX, the foreign exchange specialist offering currency solutions to both private and corporate customers, to provide a dedicated corporate expense and travel cost management solution to its corporate clients and travellers.

FAIRFX and Portman have previously collaborated on targeted campaigns, but this marks the start of a dedicated partnership that will see Portman clients get access to a smarter way to manage their Travel & Expenses (T&E) together with an assigned account manager to ensure they are getting the most out of the product.

FAIRFX’s corporate card and integrated online platform allows companies to issue their staff with prepaid MasterCard® cards and manage the card balances online, in real time with extensive reporting capabilities.

FAIRFX customers have seen up to 20% reduction in T&E spend due to the “prepaid mentality” and the ability to take control by directly managing the available spend to staff.

Adrian Parkes, Chief Commercial Officer at Portman, stated: “Our partnership with FAIRFX has become stronger over the years, driven by clients’ demands for greater choice in expense management. This is an ideal addition to our extensive product offering, giving clients a true end-to-end travel management offering.”

Mariette Ferreira, Head of Corporate Marketing at FAIRFX, commented: “We are delighted to partner with Portman, which gives us a unique opportunity to introduce our corporate prepaid cards to a new business audience that could benefit from taking control of their staff travel and expense costs.”