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Stock impact report

TreviPay Partners with Sonder to Launch Net Terms Program ‘Sonder Billing’ for Corporate Travelers

Sonder Holdings Inc. - Class A (SOND) 
Company Research Source: Business Wire
Corporate travelers to gain access to 30-day net terms, VAT-compliant invoicing and simplified payments for hotel services in the UK, US and Canada OVERLAND PARK, Kan.--(BUSINESS WIRE)--TreviPay, a fully managed B2B payments platform, today announced a partnership with Sonder, a leading global brand of premium, design-forward apartments and intimate boutique hotels serving the modern traveler, to launch its net terms program. The program Sonder Billing enables corporate travelers to pay for hotel services on 30-day net terms with consolidated, VAT-compliant invoicing, creating a seamless purchasing experience for business travel managers and their employees.As business travel continues to rebound, the market opportunity is significant. Global business travel spending is projected to reach a new historical high this year and surpass $2 trillion by 2029. Programs like Sonder Billing are designed to capture this growth by aligning with corporate buyers’ preference for invoicing and ne Show less Read more
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