Online Travel

We offer a better way to pay

Ixaris enables travel businesses to send and receive payments worldwide with unprecedented speed and ease.

Powered by Visa and MasterCard, our virtual card payment solutions offer online travel agents (OTAs) a more controlled, cost-effective method for purchasing global travel services.

Key Benefits to OTAs

Surcharge reduction for low-cost airlines

EU low-cost airlines tend to attach high surcharges to fares purchased with credit or debit cards, but often select one card type where such charges are not incurred. Ixaris offers several cards, allowing both consumers and OTAs to obtain the type that will save them the most money when purchasing flights. Cards can be issued in GBP and EUR currencies, which can save agents even more by avoiding forex fees.

Easier purchases and greater control

OTAs frequently use corporate credit cards with high limits to purchase travel services, which can create problems with velocity checks, control and reconciliation. Our virtual cards make payment processing automated and convenient, allowing OTAs to easily track purchasing activity and better manage cash flow. They also provide extra protection by eliminating the need to share sensitive corporate credit card details with employees.

Gain new payment capabilities

Ixaris offers OTAs greater payment proficiency through new capabilities such as:

• On-demand, instant funds made available through open-loop virtual Visa cards
• Reduced exposure to high credit card costs and failure due to velocity checks
• Structured reporting capabilities and tracking allows transactions to be easily matched against purchases
• User interface and customer support in 7 languages
• APIs make integration with existing processes easy

Client Spotlight

Learn how Ixaris has already helped travel companies:

A leading European travel website was using both an integrated and manual method of securing travel for its customers. The manual method required agents to book travel through corporate credit cards that presented major operational and cost issues.

Results to date: Continued growth required a more controlled and cost-effective means of purchasing global travel services. Ixaris has helped the company:

• Automatically generate and instantly fund Virtual Visa cards to secure travel for a customer
• Allocate and fund cards so agents can make online purchases manually when necessary
• Effectively manage and track purchasing activity for accounting and control purposes
• Save considerably in operational costs and credit card charges

A rapidly-expanding discount lodging website was securing all hotel bookings by preauthorising customer credit cards. The company was looking to partner with a PSP/gateway provider so full payment could be received automatically for a hotel booking and that any balances (minus applicable commissions) settled with the respective hotel’s online credit card. An estimated €30M was expected to be transacted through such a system.

Results to date: Ixaris provided an automated payment method that secures hotel and travel services and the fulfillment of customer orders and gave better control over purchasing by:

• Improving cash flow by collecting commissions instantly when a customer pays for a service
• Eliminating the labour-intensive methods used to reconcile customer bookings with credit card payments
• Better managing and tracking purchasing activity for accounting and control purposes

travel [at] ixaris [dot] com (Contact us) to learn how Ixaris can help you successfully address your payment challenges.