Today, Haman Group – one of the largest inbound tour operators
in Scandinavia, announced it has selected Flywire Corporation
(Nasdaq: FLYW), a global payments enablement and software company,
as the exclusive international payments partner for two of the
Haman Group’s leading brands, Authentic Scandinavia and Authentic
Europe. The partnership will enhance the payment experience for
Haman Group’s growing international clientele and provide seamless
integration into the company’s booking system for efficient payment
processing and reconciliation.
Recognized as one of the most innovative and respected travel
brands in Scandinavia, Haman Group offers a wide range of services
for travel agencies, groups and independent travelers. From
personalised itineraries and specially curated tours to guaranteed
departures, Haman is backed by more than 60 years of experience in
creating unforgettable trips to Scandinavia and Europe and is
supported by its five travel brands including Haman Scandinavia,
Cities+Tours, Terra Nova Scandinavia, Authentic
Scandinavia, and Authentic Europe.
Prior to Flywire, Haman Group relied on a legacy payments system
which created inefficiencies for the organization and guests alike.
For example, manual invoicing didn’t provide clients with enough
visibility into additional fees, and additional charges due to FX
rates and fees sometimes surprised travelers when they got their
bank or credit card statements.
Seeking to overhaul the payments process for their international
guests, Haman Group selected Flywire for a few key reasons:
- Integrated with bookings system: Processing
and reconciling payments has been streamlined because Flywire is
integrated with Haman Group’s booking system. Payment reminders are
sent automatically, and all payment processes are digitized.
- Elevated guest experience: Flywire provides
choice, convenience, and support. Haman Group’s guests pay in their
local currency, with competitive exchange rates, and have access to
24x7 live support. Travelers are also confident their payments are
secure.
- Diverse payment options: Flywire automates the
currency conversion, and the company receives 100% of their
payments in the currency of their choice.
“At Haman Group, our focus is on providing our guests with once
in a lifetime travel experiences,” said Trude Sivertsen, director
of sales and operations at Authentic Scandinavia. “And we know that
these experiences start at the very first interactions with our
guests, including their very first payment experiences. We feel
confident that Flywire is the optimal extension of our brand,
offering our guests flexible, localized payment options, and
ensuring their booking and payment experience is effortless and
secure. And as a critical benefit, we can optimize our internal
processes, giving us more time to focus on crafting even more
memorable travel experiences.”
“We are honored to partner with The Haman Group and deliver
exceptional payment experiences for their growing footprint of
travel businesses,” said Colin Smyth, SVP and GM, Travel. “With
Flywire, Haman Group can both meet the needs of their clients, and
gain a number of operational efficiencies to help them focus on
running their organization. And given Haman Group’s extensive reach
throughout Scandinavia, Flywire is thrilled to scale our
capabilities across the region.”
About Flywire
Flywire is a global payments enablement and software company. We
combine our proprietary global payments network, next-gen payments
platform and vertical-specific software to deliver the most
important and complex payments for our clients and their
customers.
Flywire leverages its vertical-specific software and payments
technology to deeply embed within the existing A/R workflows for
its clients across the education, healthcare and travel vertical
markets, as well as in key B2B industries. Flywire also integrates
with leading ERP systems, such as NetSuite, so organizations can
optimize the payment experience for their customers while
eliminating operational challenges.
Flywire supports more than 4,500 clients with diverse payment
methods in more than 140 currencies across more than 240 countries
and territories around the world. The company is headquartered in
Boston, MA, USA with global offices. For more information,
visit www.flywire.com. Follow Flywire on X , LinkedIn and
Facebook.
About Haman Group
Haman Group (est. 1964) offers a wide range of services for
travel agencies, groups and independent travellers. From
personalised itineraries and specially curated tours to guaranteed
departures, we have over 50 years of experience in creating
unforgettable trips to Scandinavia and Europe.
The following five companies are part of Haman Group: Haman
Scandinavia, Authentic Scandinavia, Authentic Europe, Terra Nova
Scandinavia and Cities+Tours. Our colleagues are spread across five
different offices. Our main offices are situated in Oslo and in
Stockholm, and we also operate field offices in Tromsø, Gothenburg,
Ramlösa and Cologne.
Media ContactSarah KingMedia@Flywire.com
Investor Relations ContactMasha
KahnIR@Flywire.com
Forward-Looking Statements
This release contains forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995,
including, but not limited to, statements regarding Flywire’s
expectations regarding the benefits of its travel clients and
business, Flywire’s business strategy and plans, market growth and
trends. Flywire intends such forward-looking statements to be
covered by the safe harbor provisions for forward-looking
statements contained in Section 21E of the Securities Exchange Act
of 1934 and the Private Securities Litigation Reform Act of 1995.
In some cases, you can identify forward-looking statements by terms
such as, but not limited to, “believe,” “may,” “will,”
“potentially,” “estimate,” “continue,” “anticipate,” “intend,”
“could,” “would,” “project,” “target,” “plan,” “expect,” or the
negative of these terms, and similar expressions intended to
identify forward-looking statements. Such forward-looking
statements are based upon current expectations that involve risks,
changes in circumstances, assumptions, and uncertainties. Important
factors that could cause actual results to differ materially from
those reflected in Flywire's forward-looking statements include,
among others, the factors that are described in the "Risk Factors"
and "Management's Discussion and Analysis of Financial Condition
and Results of Operations" sections of Flywire's Annual Report on
Form 10-K for the year ended December 31, 2024, which is on file
with the Securities and Exchange Commission (SEC) and available on
the SEC's website at https://www.sec.gov/. The information in this
release is provided only as of the date of this release, and
Flywire undertakes no obligation to update any forward-looking
statements contained in this release on account of new information,
future events, or otherwise, except as required by law.
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