Hotels and accommodation buyers can book and transact via direct bank payouts, providing a better and trusted alternative to expensive virtual credit cards.

We’ll walk through the pros and cons of each payment method, the latest payment advances and developments, and offer up the best ways for hotels to execute their B2B payments.

Now with the travel environment changing and new trends taking place, it’s even more difficult to understand and satisfy the needs of business travelers.

The travel management company will harness Katanox’s capabilities to reduce costs and increase revenue, while building strong strategic relationships with accommodation providers.

A two-way integration allows accommodation providers to directly tap into additional demand and establish direct relationships.

When it comes to hospitality payments, things are challenging — even in comparison to other travel industries. Because of these challenges, the process becomes complicated, opaque and costly.