Optimized, simplified and smart B2B payments. Transforming the status quo
Bavel Pay is the first B2B payment channel capable of implementing a fully digital end-to-end payment process, achieving an efficient, frictionless and error-free process.
In addition, Bavel Pay is the first payment manager in the travel industry that, decoupled from the booking channel, creates a single payment channel and offers other related services to digitalize the entire invoicing cycle.
Automate the management of your B2B payments and take advantage of Voxel’s technology to stand out from your competitors!
One connection =
a world of possibilitiess
Voxel’s payment manager is the gateway to an extensive ecosystem of payment service providers (virtual credit cards, low-cost bank transfers, secured bank transfers -BTGs-, etc.) and value-added services (currency exchange, e-invoicing, VAT recovery, reconciliation, direct payment processing -STP-, etc.) for automating all back-office processes and consolidating all data and documents on a single technology platform.
In addition, thanks to Bavel Pay’s rules engine, payments will be executed automatically according to pre-established business rules and regulations, optimizing each transaction to the maximum.
Want to start optimizing your B2B payments? Contact the team to find out how Bavel Pay works.
Bavel Pay features and benefits
For payment issuers
Virtual payment hub
you will be able to access a universe of payment service providers (PSP) via a single integration.
Single information repository
shared among all parties in order to work with the same data and avoid discrepancies and errors.
Compliance
with Tax and PCI (Payment Card Industry Data Security Standard) regulations.
Automatic reconciliation
secure payment distribution and automation of the collection process (STP).
Distribution channel
Bavel Pay connects to all technological stakeholders in the distribution channel to optimize the management and distribution of payments.
HTNG standard
Voxel’s payment manager follows the Open Payment Alliance standard defined by HTNG and HEDNA.
Other related services
electronic invoicing, Billback, currency exchange, micro-hedging capabilities, reports and data, etc.
For payment recipients (hotels)
Acceleration of the collection cycle
and, therefore, reduction of days sales outstanding (DSO).
Drastic mitigation of risk exposure
non-payment, fraud, falsification of data, bankruptcy of the travel company, etc.
Fast resolution in case of disputes
thanks to the automation of collection processes.
Direct integration
of payment details and status into the hotel’s PMS or AR system.
Electronic invoicing
option of closing the cycle with electronic invoicing and invoice retrieval.
Collection automation
option of automating the collection of VCC also.
Payment manager:
visualization and management of all virtual credit cards, regardless of the issuer, in one place: the Voxel payment manager.
Increased sales
access to a network of customers who dynamically pay with VCC, without the need for a contractual relationship.
Financial control
reconciliation, traceability and automatic reporting.
Elimination of operational costs
due to bank transfers.
Bavel Pay features and benefits
Virtual payment hub:
you will be able to access a universe of payment service providers (PSP) via a single integration.
Single information repository
shared among all parties in order to work with the same data and avoid discrepancies and errors.
Compliance
with Tax and PCI (Payment Card Industry Data Security Standard) regulations.
Automatic reconciliation
secure payment distribution and automation of the collection process (STP).
Distribution channel:
Bavel Pay connects to all technological stakeholders in the distribution channel to optimize the management and distribution of payments.
Other related services:
electronic invoicing, Billback, currency exchange, micro-hedging capabilities, reports and data, etc.
HTNG standard
Voxel’s payment manager follows the Open Payment Alliance standard defined by HTNG and HEDNA.
Drastic reduction of the administrative workload
so that people can focus on other valuable tasks.
Elimination of errors
arising from manual payment processing and elimination of chargebacks.
Business scalability
focus all your efforts on growing your business without worrying about administrative tasks.
Acceleration of the collection cycle
and, therefore, reduction of days sales outstanding (DSO).
Drastic mitigation of risk exposure
non-payment, fraud, falsification of data, bankruptcy of the travel company, etc.
Fast resolution in case of disputes
thanks to the automation of collection processes.
Direct integration
of payment details and status into the hotel’s PMS or AR system.
Electronic invoicing
option of closing the cycle with electronic invoicing and invoice retrieval.
Collection automation
option of automating the collection of VCC also.
Payment manager
visualization and management of all virtual credit cards, regardless of the issuer, in one place: the Voxel payment manager.
Corporate governance
improves cash flow forecasting and visibility.
Increased sales
access to a network of customers who dynamically pay with VCC, without the need for a contractual relationship.
Financial control
reconciliation, traceability and automatic reporting.
Elimination of operational costs
due to bank transfers.
Learn about the innovative architecture of the payment manager
Voxel’s payment manager is unique on the market and, in addition to optimizing and simplifying B2B payments, it offers a powerful rules engine and value-added services, such as electronic invoicing or currency exchange, so that you can automate the comprehensive management of all your back-office processes with a single partner.
Omnichannel connectivity
Seamless connection with all the players in the distribution channel.
Rules Engine
Automatic selection of optimal form or payment and payment service provider.
Seamless orchestration of complex B2B payment flow.
Secure payment distribution
PCI compliant payment distribution.
Omnichannel distribution: web, fax, email, GDS, channel managers…
Straight through processing (STP) of credit cards and alternative forms of payment.
Virtual Payment Hub
Plug and play connectivity to dozens of VCC issuers and alternative forms of payment, offering credit and debit payment solutions.
Value added services
FX – microhedging capabilities.
Electronic invoicing and Billback.
Invoice reconciliation.
Electronic settlement.
Reporting.
Some of the companies that rely on Voxel to digitalize their B2B payments include:
Bavel is the leading transaction platform in the travel and food & hospitality sectors
The benefits of digitalizing administrative processes for travel and food & hospitality companies are multiplied when they are part of the Bavel platform.
Currently, 50,000+ hotels, 1,000+ travel companies, 1,200+ food, beverage and maintenance suppliers and 3,000+ restaurants and franchises connect through the Bavel platform.
In addition, Bavel Pay’s virtual payment hub has dozens of payment service providers to meet all your needs according to each transaction.
Partners
Travel industry
Bavel is the leading transaction platform in the travel and food & hospitality sectors
The benefits of digitalizing administrative processes for travel and food & hospitality companies are multiplied when they are part of the Bavel platform.
Currently, 50,000+ hotels, 1,000+ travel companies, 1,200+ food, beverage and maintenance suppliers and 3,000+ restaurants and franchises connect through the Bavel platform.
In addition, Bavel Pay’s virtual payment hub has dozens of payment service providers to meet all your needs according to each transaction.
Complete the payment cycle by automating your invoicing process as well
Thanks to Voxel’s universe of technological solutions, you will be able to digitalize the entire invoicing, payment and collection process via the Bavel platform.
Explore all the benefits of digitalizing the process for issuing, receiving and retrieving your invoices and discover why Bavel Billing is the leading e-invoicing solution in the travel sector.
Some of the companies that rely on Voxel to digitalize their B2B payments include:
Some of the companies that rely on Voxel to digitalize their B2B payments include:
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Want more? We have more!
