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.