Remittance Solution

In moving toward centralized payment, hotel brands will need to create a solution to send funds to their properties. The XanderPay solution accommodates these transactions too.

BenEfits for Hotels 

  • Hotel brands will be able to process consumer payments centrally while funds are received directly by hotel properties. 

  • A monthly subscription fee structure will save significant costs when compared to SWIFT cross border transactions. 

  • Individual hotel properties will receive payments to local bank accounts in their desired currency for the expected amount through local payment partners.

Benefits for PSPs 

  • For a PSP, the XanderPay hotel remittance solution solves the last stretch of hotel remittance. 

  • The solution streamlines KYC and boarding processes while outsourcing AML and other recipient requirements. 

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