Katanox, the hospitality distribution and fintech platform, is enabling accommodation providers and accommodation buyers to book and transact via bank payouts all within one platform in the Netherlands.
This has been made possible following the company being granted a PSD2 payment institution licence from the Dutch National Bank. As a payments licence holder, Katanox Financial Technology B.V., a company within the Katanox group, offers regulated payments services across the European Economic Area (EEA).
No money will go unaccounted for as the entire process is streamlined within Katanox’s platform. This includes distribution and booking to automated commission reconciliation and payouts.
“The granting of this licence is an enormous next step in our one platform approach to provide accommodation buyers and sellers the most efficient products to distribute and transact properties and rooms. Not to mention extremely cost effective too,” said Paul…