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Virtual Credit Cards in Travel: How to Secure B2B Payments Between OTAs and Suppliers

AltexSoft Travel

The OTA authorizes the payment with its acquiring bank. Unlike a plastic counterpart with never changing information printed on it, a VCC has new verification data each time you apply it, so you avoid exposing details about an actual bank account. With a bank transfer, you don’t have that. It basically covers everything.”

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Bed Banks: Comparing Accommodation, Travel Ancillaries, Connectivity of Hotelbeds, Travco, Bonotel, HotelsPro, and WebBeds

AltexSoft Travel

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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The Ultimate Directory of Top UK Event Agencies

Bizzaboo

With HQ is based in London with reach into the UK, European & Africa; Specialising in the production & build of live, virtual and hybrid events & conferences including a track and trace product and vitual event studio hire. We enliven brands! They produce and deliver creative face-to-face and digital solutions.

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Website Localization in Travel: Key Aspects and Best Practices

AltexSoft Travel

Boleto Bancário in Brazil); In the Middle East, cash on delivery is preferred, but might not work for a travel business, so go with bank cards; African countries still heavily rely on cash and bank transfers, but digital wallets and mobile transfers are gaining traction lately. Popular payment methods. Source: 2checkout.

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