Optimizing B2B payments
for the travel industry
Have you ever thought about why the booking data flows in milliseconds via API but its corresponding payment takes time, cost and work to settle?
We did !
Automate Your Accounts Receivable to Get Paid Instantly
PayParc reads the booking data via API and converts it to an instant digital payment and can operate in more than 150 different countries
Simplify and Automate Your Accounts Payable and focus on your business
PayParc eliminates the manual work involved in paying for your confirmed bookings in your terms, so that you can focus on high value tasks
We now live in a global economy with instant and seamless transfers
PAYPARC offers a closed and secure ecosystem of electronic wallets of buyers and sellers where each booking is converted to a payment execution between these wallets. No transfers, no cards, no fees, no settlement times, no fraud risk...
TRADITIONAL BANK TRANSFERS
- EXPENSIVE
- LONG SETTLEMENT TIME
- MANUAL WORK
WALLET-TO-WALLET TRANSFERS
- REAL-TIME
- LOW COST
- EASY TO USE AND STREAMLINE
VIRTUAL CREDIT CARDS
- HIGH COST
- SEVERAL COMPLIANCE RULES (PCI)
- MANUAL WORK
- FX EXPOSURE AND LIMITED CURRENCY SUPPORT
FinTech meets TravelTech
The PayParc platform is an interface of our international payment network. When using it, any travel company or other buyer or seller can see all the transactions that have been sent or received. These payments will be assigned to their particular reservation along with the status of the transaction.
The platform runs in parallel with a company’s regular booking flow and both flows support and feed each other with data.
PayParc verifies each transaction by matching it to the booking data, notifies each party and prepares reconciliation reports.
Certainty and control over funds
Manage all your providers in one place and track every movement matched with the relevant booking data.
Fully flexible
Configure your own payment rules for every provider within our very user friendly dashboard Top-up or withdraw your wallet anytime Wallets in 24 currencies and transfers anywhere in the world.
Instant wallet to wallet transfer
Travel companies do not need magic to overcome these issues. The answer is simple and easy to adopt, it is PayParc’s advanced wallet system for electronic money movements.
Securely verified
Each transaction is verified and matched with the booking information via Smart Contract.
Instant and automatic
It is seamlessly integrated within your booking flow.
Low Cost
Much cheaper than any available B2B payment methods.
How It Works
A new and innovative way to help any travel company pay and receive payments instantly and save significant costs
Automatized e-wallet transfers for every booking
A fully configurable payment hub with smart-routing, deferred or partial payment functions
FX integrated solution and instant fund movements all over the world
Optimize and streamline any B2B payments in the travel industry
Smart contract with validating nodes between booking and payment data helps with verification, notification and reconciliation of each transaction
Easy-to-use Platform
Our super easy to use dashboard helps you to track all wallet movements, configure rules, setup new providers and create reconciliation reports. Reconciliation of booking and payment data could get very messy. PayParc reporting and notifications system eliminate this by automatically matching each confirmed booking to a unique payment reference which helps to improve the quality of your working capital forecast.
Instant and Automatic
PayParc seamlessly manages the payment flow fed by your booking data so that you can focus on what matters most and grow your business
Payparc Global Solutions S.L
PayParc
Espai Emprenbit - Edifici Disset
Parc Bit - 07120
Palma de Mallorca, Spain
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