PayParc Platform is a new and innovative way to help any travel company pay and receive payments instantly and automatically via e-wallets while saving significant costs. PayParc's payment flow works completely independent from credit/debit card networks.
No more manual work, high virtual credit card costs, bank transfer delays or fraud risk. PayParc streamlines all the payments between buyers and sellers in the travel industry and helps to control the cash flow better than ever.
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...
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.
Manage all your providers in one place and track every movement matched with the relevant booking data.
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.
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.
Each transaction is verified and matched with the booking information via Smart Contract.
It is seamlessly integrated within your booking flow.
Much cheaper than any available B2B payment methods.
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
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.