Travelsoft launches Travelsoft Pay to deliver more advanced payment collection, pay-out solutions and seamless refund processes.
PARIS, France – Travelsoft, the global travel software-as-a-service (SaaS) player whose technologies are used by travel agents and tour operators to package and distribute travel, announces that it has launched Travelsoft Pay for clients to respond to requests for improved payment solutions. This cutting-edge embedded payment service, developed in collaboration with Worldpay®, is designed to enhance efficiency and profitability for Travelsoft’s clients globally.
Travelsoft clients using platforms can sign-up for seamlessly integrated services from Worldpay which can also help them with international payment needs.
Whilst Travelsoft will allow clients to work with existing payment providers, those who sign-up for the Travelsoft Pay solution will benefit from the following features:
- Payment Collection: advanced services and preferred payment methods promise to boost customer conversion and loyalty. The incorporation of the Worldpay tool Fraudsight helps minimise fraud and chargebacks without incurring additional integration costs. Real-time transaction monitoring and reconciliation are streamlined, enhancing operational efficiency.
- Pay-out Solutions: same-day bank transfers maximise value and efficiency for customers. Automated pay-outs can be managed, scheduled and executed directly from the user-friendly dashboard.
- Refund Solutions: customer satisfaction takes centre stage with Travelsoft Pay’s seamless and rapid refund processes. Clients have the flexibility to choose between transfers to unlinked credit cards or bank accounts, providing a tailored experience. Live refunds within 30 minutes, on the same day, or the next working day demonstrate a commitment to swift and hassle-free transactions.
“For many years now we have heard repeatedly from the hundreds of tour operators and travel agencies that we work with in over 90 countries that they need better payment solutions, particularly when it comes to their international needs. So we are thrilled to introduce Travelsoft Pay for our clients, a transformative solution that offers a seamless integration of payment services, providing our partners with unparalleled benefits,” said Charles Tandonnet, VP Grow Program at Travelsoft. “Working with Worldpay ensures access to industry-leading experts in both the travel SaaS and payment industries and signifies a strategic move towards providing our tour operator and travel agency clients with a competitive edge through innovation, efficiency and customer-centric solutions. Travelsoft Pay emerges not just as a payment solution but as a strategic ally for businesses looking to stay ahead in the dynamic world of travel.”
Whilst Maria Prados, SVP of Go-To-Market, Global Enterprise at Worldpay adds “Travel sellers often have complex needs when it comes to payments, and as we strive to make taking payments as easy as possible for these businesses, working with the world’s leading travel SaaS company was an easy decision. Combining the presence of Travelsoft’s tour operators and travel agencies with our global scale and advanced payments solutions will free these businesses up to spend more time growing their business and less time worrying about payments.”
Vicky is the co-founder of TravelDailyNews Media Network where she is the Editor-in Chief. She is also responsible for the daily operation and the financial policy. She holds a Bachelor's degree in Tourism Business Administration from the Technical University of Athens and a Master in Business Administration (MBA) from the University of Wales.
She has many years of both academic and industrial experience within the travel industry. She has written/edited numerous articles in various tourism magazines.