The Challenge
High payment processing costs associated with traditional card payment methods, which impacted operational efficiency and profit margins.
The Solution
Integration of Boodil's Open Banking payment platform, which uses innovative technology to streamline payment processing for travel merchants. The platform features include real-time transaction status updates, automated variable-amount payment scheduling, split payment options, and instant team notifications with two-factor, banking-level authentication.
The Results
Cost reduction of up to 75% on payment processing fees compared to conventional methods. Instant settlement of funds, improving cash flow management. Simplified reconciliation through gross settlement capabilities. Enhanced operational efficiency allowing focus on customer service. Payment completion time reduced to under 10 seconds with secure two-factor authentication.
Client Testimonial
"Boodil's solution reduced costs while improving security and simplifying processes."
David Mayer, Managing Director
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