Serko partners with Conferma for Virtual Card payments

Serko Enters World of Virtual Card Payments

Serko and Conferma Partner to Give Serko Online Customers the Option to Pay with
Virtual Cards

Auckland, New Zealand. 15 February 2017 – Serko Ltd. (SKO.NZ) A leader in online
travel booking and expense management for business, announced a new partnership
with Conferma, the leader of virtual card services, that will give users of Serko Online the
option to pay for business travel using Virtual Cards.

Virtual Cards have grown in popularity as they are more secure than physical cards,
allow corporates to control the amount that travellers can spend and make it much
easier for corporates and Travel Management Companies (TMCs) to manage and report
on their travel programmes.

Darrin Grafton, CEO, Serko, said “We've seen the demand for Virtual Cards grow
recently as TMCs and corporates look for more efficient ways of controlling spend and
managing travel programmes. Our Serko Online integration with Conferma will allow
customers to use Virtual Card products from all of the major card programmes when
booking travel on Serko Online, ensuring that Serko maintains its position as an
innovative platform for travel management.”

Simon Barker, CEO of Conferma said: "Serko is Australasia’s leading online travel
booking and expense management company and we're pleased to be able to offer
Serko's customers access to virtual payment capability through our platform. We expect
Virtual Cards to overtake physical cards as the primary form of payment for travel in the
next 3 years. Integration with Serko is key to getting mass adoption.”

Serko is actively working with the virtual card providers to bring their virtual payment
solutions to market in the next few weeks. Corporates should contact their Travel
Management Company for more information.

Serko does not expect this to significantly impact the short term financial results.

More information

Thomas Hann, Porter Novelli, for Serko
Phone: +61 2 8987 2135
Email: thann@porternovelli.com.au

For investor relations queries please contact:
Darrin Grafton, Chief Executive Officer, Serko

+64 9 309 4754
investor.relations@serko.com


Follow Serko

On Linkedin: http://www.linkedin.com/company/serko-ltd
On Twitter: https://twitter.com/SerkoOnline

About Serko

Serko is Australasia’s leading online travel booking and expense management company
for businesses and is listed on the New Zealand Stock Exchange Main Board (SKO.NZ).
With its HQ in Auckland New Zealand, and offices in Sydney Australia and Xi’an City
China, Serko employs more than 111 people worldwide.

Serko Online is an integrated Online Travel Booking Tool used by businesses to book
flights, accommodation and car hire from the broadest possible set of travel providers.
The OBT ensures that travel bookings comply with corporate travel management policy
without limiting the users choice of travel provider.

Serko’s product portfolio also includes Serko Expense, Serko Mobile and serko.travel.

Visit www.serko.com for more information

About Conferma

Conferma is a leading FinTech company specializing in Virtual Card technology. A
global company, managing transactions in 96 currencies in 193 countries, Conferma is
headquartered in Manchester, having been founded by CEO Simon Barker in 2005.

With 80% of Buying Business Travel's Top 50 TMCs using Conferma, it is an industry
standard for corporate travel payment. Conferma’s Virtual Card technology is mainly
about simplifying over-complicated processes in Travel and Expense (T&E) payments. It
is the gateway between commercial card issuers and the travel community.

Conferma’s many established travel partners include all three Global Distribution
Systems (GDS), Sabre, Amadeus and Travelport; leading corporate Travel Management
Companies (TMCs) such as CWT, HRG, AMEX GBTA; online booking tools and other
booking technology providers. Part of Conferma’s ecosystem are all major card
schemes, American Express, Diners, MasterCard and Visa, and over 20 commercial
card issuers globally including Barclaycard, Bank of America and Citi.
http://www.conferma.com