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VCCs have been the only B2B payment method to work in legacy technology systems. Changes in the past 3 years have enabled new and more affordable B2B payment options - and that's where XanderPay's BTG (bank transfer guarantee) solution begins...
Benefits for Hotels
The flat fee per booking results in a cost savings for all guest stays in excess of €75 anywhere in the world
The receipt of funds may be faster than existing alternatives for hotels on a weekly remittance from the credit card processors. In Brazil, the 30-day card scheme hold is eliminated
Localized bank transfers do not have a risk of chargeback or breakage
Benefits for OTAs
BTGs offer a more cost effective payment solution that OTAs can use to leverage access to best available rates or higher commissions
The BTG solution provides payment through local banking networks in a given country, thereby eliminating cross border fees and optimizing any FX conversion.
Improved hotel relationships
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