AltexSoft Travel

OCTOBER 27, 2023

The simplicity of the launch attracts even non-travel players: Over the past two years , a number of financial companies, retailers, and loyal clubs have presented their branded booking platforms. Plug-and-play platforms have many hidden limitations, preventing you from standing out in a saturated travel market.

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Platform Affiliate Booking Online 52

AltexSoft Travel

MARCH 24, 2022

But B2B payments are just as important – those are the payments between a hotel and its partners such as online travel agencies (OTAs) , travel agents, travel management companies (TMCs) , corporates, and so on. So, it’s not uncommon for these intermediaries to use a mix of agent and merchant models. Bank transfer.

Online 52

Online B2B Vendor Automation 52

AltexSoft Travel

JUNE 25, 2022

There have been numerous cases when travelers have been sold counterfeit airline tickets, hotel rooms that don’t exist, false vacation packages, and car rentals from fake vendors. The fake platforms are well-made and have the look and feel, logo, and features almost identical to the original ones. What to do to prevent fraud?

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Travel Travel Insurance Airlines 52

AltexSoft Travel

JANUARY 13, 2022

Alternative accommodation platforms are new players in the travel distribution field. It’s important for an AA platform to build solid connections with channel managers to drive more listings to the site. Platforms like Google, Kayak and TripAdvisor are many OTAs’ main sources of traffic. Wholesalers/bedbanks.

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Booking Banking Website Platform 52

AltexSoft Travel

NOVEMBER 25, 2019

One of the ways to get a diverse inventory portfolio is to partner with a bed bank. What is a bed bank? A bed bank (also called a wholesaler ) is a B2B company that purchases rooms from accommodation providers in a bulk at a discounted, static price for specific dates and sells them to OTAs, travel agents, airlines, or tour operators.

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Banking Travel Agent Travel Travel 25

AltexSoft Travel

NOVEMBER 6, 2020

With the help of the channel manager that we discuss below, it distributes the hotel information to various sales channels, such as GDSs , OTAs , independent travel agents, and its own website, synchronizes reservations, and processes transactions. Nowadays there is a multitude of search engines and platforms to find accommodation.

Travel Agent 76

Travel Agent Website Booking Social Media 76

AltexSoft Travel

MAY 30, 2023

Travel business and PCI DSS compliance levels In 2017, the International Air Transportation Association (IATA) officially supported the initiative declaring that their internal electronic system — Billing and Settlement Plan (BSP) — is compliant with PCI DSS. Yet, this step is risky from a security point of view, so it’s better to avoid it.

Travel 52

Travel Travel Airlines Platform 52

AltexSoft Travel

JULY 24, 2023

A traveler books a room for two nights via OTA and provides credit card information to pay $100 for the stay. The OTA authorizes the payment with its acquiring bank. It takes up to seven business days to process a paper-based check which must be physically delivered to the bank. With a bank transfer, you don’t have that.

B2B 52

B2B Travel Travel Banking 52

AltexSoft Travel

MAY 26, 2022

The first step is the flight search that can happen on different platforms — airline web pages, online travel agencies, or metasearch engines. After the airline generates a booking confirmation number, the GDS provides a travel agent with the flight information to issue an itinerary receipt and send it to the end consumer.

Airlines 72

Airlines Travel Agent Retail Booking 72

AltexSoft Travel

JANUARY 19, 2021

A carrier’s operator or authorized travel agent logs into the CRS/GDS to build a PNR file with five mandatory elements (to be discussed later in the section about PNR data). The code also gives travelers access to their flight details, but not to PNR files with personal information. Source: Bank Info Security.

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Travel Agent Airlines Booking Regulations 78

AltexSoft Travel

JUNE 21, 2022

A short video about what API connectivity in travel is about. Travelers often turn to travel agents instead of airline websites to compare options, get better deals, or book several flights from different airlines in one place. Though today, travel agents turn to them for a wider range of travel products.

Management 59

Management Travel Travel Airlines 59

AltexSoft Travel

MAY 8, 2020

By customer interfaces we mean a travel provider’s website, mobile application, or chatbot that links with a booking engine via an API layer , enabling consumers to search and book flights, hotel rooms, holiday packages, insurance, and other travel products. Corporate or B2E booking engines for TMCs and business travelers.

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Booking B2C Travel Travel 69

AltexSoft Travel

FEBRUARY 15, 2022

We’ve touched on the topic of website localization earlier, and in this article, we want to dive deeper into the technicalities of an adaptation process and share our experience of adjusting travel platforms to foreign markets. But first, let’s briefly recap the basics. What is localization and how to approach it? localizing payments.

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Website Travel Travel SEO 52

AltexSoft Travel

NOVEMBER 8, 2019

Travelers still stick to comprehensive booking platforms like OTAs and price aggregators. Until the 2000s, airlines managed to maintain direct relations with travel agencies via Computer Reservation Systems (CRSs). This is the information you can act upon – customize offers to meet the exact, known needs of each traveler.

Airlines 20

Airlines Retail Travel Agent Platform 20

AltexSoft Travel

DECEMBER 10, 2019

This approach led to the uprising of the second generation platforms which essentially amount to a patchwork of integrations, not always correctly synced and perfectly adjusted. Retailing platform. And the first step to this goal is turning websites and mobile apps into intelligent eCommerce platforms. Airline inventory system.

Airlines 18

Airlines eCommerce Certification Automation 18

AltexSoft Travel

SEPTEMBER 3, 2020

Bed banks or wholesalers. These industry players buy hotel rooms in bulk and sell them to OTAs, travel agents, or even airlines. Here’s more info on the largest bed banks and how OTAs can work with them. Online Travel Agency building blocks and technology. Global Distribution Systems (GDS). Technology.

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Online Travel Travel Airlines 72

AltexSoft Travel

AUGUST 26, 2020

The APIs by key global distribution systems, the main players on the travel distribution market. Connectivity with key bed banks that purchase rooms in bulk. Sourcing inventories of the largest online travel agencies. It originated from the airline industry and slowly tried to capture adjacent travel segments.

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Booking Management Banking Contracts 85

AltexSoft Travel

FEBRUARY 9, 2023

Many big lenders come preconnected with major eCommerce platforms, point-of-sale providers, and payment gateways. To add Klarna’s service is easy if you use the platform of one of its eCommerce partners (which probably isn’t your case since travel businesses rarely build Shopify websites) or Stripe. fee for each transaction.

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Travel Travel eCommerce Airlines 52