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Corporate News

EDREAMS PARTNERS WITH SMART2PAY

Smart2PayTM, the company with the world's largest coverage of online alternative payment solutions, will be providing its alternative payment methods to eDreams. The partnership will offer eDreams customers access to a variety of local alternative payment methods all over the world.

Javier Pérez-Tenessa, Managing Director, said: "We are delighted to partner with Smart2PayTM, as this will allow eDreams to fully benefit from the growth opportunities in our core and new markets".

"We are very pleased to help eDreams increase sales for their existing markets, as well as to assist the growth from and in new countries", declared Andre Boesing of Smart2PayTM.

eDreams is a leading Online Travel Agency in Spain, Italy and Portugal and has an increasing presence in 15 other countries around the world. It operates a multi-channel marketplace that connects travel suppliers, such as airlines, hotels and car rental companies, with end customers and other travel agents.

The Group was founded in 1999 by Javier Pérez-Tenessa and James Otis Hare and has been able to adapt its business model as the travel and internet space changed over time. eDreams has also transformed itself from a predominantly Spanish player into a diversified international online travel agency – international activities today represent a significant portion of total turnover.

eDreams has one of the best brands among European travel agents, one of the most comprehensive inventories of flight and other travel products and cutting edge search and pricing technologies.

The company’s growth prospects are underpinned by relatively low levels of online penetration in core markets, potential for further geographic expansion and further moves into non-flight business areas.

About eDreams

eDreams is the largest independent European online travel agency. The company offers its services in Spain, Italy, France, Portugal, Germany, UK, Australia, Brazil, Canada, Mexico, Chile, India, Peru, Venezuela, Argentina, Colombia, Switzerland, USA and the global English language markets. eDreams has experienced one of the highest growth rates in the European online travel marketplace. The company has a large selection of flights, hotels, flights + hotel and other products, and makes them available to its clients through booking engines with the latest pricing and search technology.

About Smart2PayTM

Smart2PayTM is offering local payment services to international merchants since 2002, covering more than 60 countries worldwide! By adding local payment methods to your ecommerce site, you will boost your sales significantly, by offering the preferred local method of payment to your customers!