Unified Payments, a subsidiary of Net Element, has entered into an agreement with ReservHotel, a provider of travel distribution and booking solutions for hotels worldwide, to launch payment acceptance services for the booking platform.
Unified Payments facilitates transactions through a wide range of services that include a proprietary on-boarding interface and advanced fraud protection solutions, alongside a suite of data analytics and reporting tools.
Luis Barberi, CEO of ReservHotel, said: “We are excited about partnering with Net Element; not only can they provide a comprehensive solution for our hotel client’s payment needs, but they can adapt to work with different currencies and countries around the world which is critical for our independent hotels.
Net Element CEO Oleg Firer commented: “We are fortunate to be partnering with ReservHotel, a premier travel booking solution provider for independent hotels worldwide.”
ReservHotel connects an estimated 500,000 travel agencies around the world.
News of Unified Payments’ partnership with ReservHotel continues to build on Net Element’s recent progress toward expanding its presence in the global payments market. In September last year, the company’s PayOnline subsidiary opened an office in Kazakhstan.
Net Element ended 2016 on a high by entering into a strategic partnership with E2Exchange in December 2016.