Allianz Trade and Mastercard target travel-payment risk

Allianz Trade is partnering with Mastercard to provide trade credit insurance for issuers supporting business-to-business travel payments.

Through Allianz Trade pay, issuers using Mastercard Virtual Card Numbers will be able to extend credit to online travel agencies rather than requiring upfront payment. If an agency fails to pay, Allianz Trade will handle collections and indemnify the issuer when necessary.

The offering is powered by actuary.aero , whose infrastructure converts transaction-level payment data into real-time risk signals. This allows Allianz Trade to underwrite each transaction within the payment flow and provide online travel agencies with an immediate decision.

For issuers, the insurance is intended to reduce exposure, improve capital efficiency and support higher transaction volumes. Allianz Trade’s risk assessments draw on its database covering 289 million companies worldwide.