In an industry-first move, LodgIQ and Skyware have joined forces to announce a strategic partnership introducing a seamless technology integration. This collaboration is set to address the critical needs of hoteliers by offering an innovative solution that simplifies and optimizes hotel operations.
Fraudulent purchases are extremely difficult to accomplish with EMV cards because it is nearly impossible to counterfeit the microchip. Magnetic stripe technology exposes information the card holds to any card scanner. Bad actors can easily obtain that data and create fake credit or debit cards and use them fraudulently at merchant establishments. Still, even with all of that understanding, 25% of all merchants in the United States are estimated to continue to use the older magnetic stripe technology.
Through embedded systems, hoteliers can ensure guest data stays within their purview while providing a more comprehensive guest experience from beginning to end
As the hotel industry surges forward, it's confronted with the challenges posed by traditional payment methods. These longstanding practices, built around manual credit card authorizations, are fraught with inefficiencies, security vulnerabilities, and compliance pitfalls.
The fully integrated Cloudbeds Payments drives efficiencies in operational costs and mitigates risk of payment fraud in hospitality industry
Balancing Budgets and Benefits in Hotel Software Investment
The guide, available for free download on the company's website, offers valuable insights and actionable tips for hotel owners and managers in understanding the complexities of credit card payments and maximizing revenue.
This article breaks down the essentials of hotel payment solutions, emphasizing the transformative impact of automated settlements on your operations.
RoomKeyPMS announces the launch of its new product, RoomKeyPMS Payments, a simplified PMS payment processing solution engineered for hotels.
Companies join forces to provide more global, more competitive end-to-end commerce solution for the travel industry