Amadeus has announces the acquisition of Spanish e-invoicing and payments specialist Voxel, for an undisclosed amount.
The deal will support the GDS and travel tech provider to deliver a “smooth” travel payment experience as part of its vision.
Acquiring Voxel wiill allow Amadeus’ payments business, Outpayce, to enhance its existing travel sellers’ product suite, while expanding in the hospitality segment.
The integration of Voxel’s solutions such as Bavel Pay, Bavel Billing, and Bavel Procurement, to Amadeus’ existing offering means access to a wider range of payments services for travel sellers and a more automated electronic way to manage invoices for clients.
Amadeus will now be able to better serve its corporate customers by further automating the business travel experience, from reservation and payments to expense management.
Decius Valmorbida, president, travel of Amadeus, said: “The acquisition of Voxel brings a complementary portfolio of solutions to enrich Amadeus’ end-to-end offering, leveraging smart technology in order to benefit the wider travel eco-system and industry.
“Payments are present at every stage of the travel experience. To make the experience of travel better, it’s crucial we ensure smooth, integrated and even invisible payments.
“We now have a combined team of experts who are passionate about payments, and a breadth of customers who will now be able to leverage the power of Voxel and Amadeus together. This is yet another example of how Amadeus makes travel work better for everyone, everywhere.”
Àngel Garrido, CEO of Voxel, said: “Amadeus is truly at the heart of the travel industry, and we couldn’t be more excited to now be part of the team.
“Amadeus is global in nature, with travel and technology experts working towards a better door-to-door and connected journey.
“These attributes, combined with Amadeus’ deep roots in travel, have resulted in a unique opportunity for Voxel and Amadeus to grow faster, and further embed innovative and automated technology; improving not only the processes for travel sellers but also travel providers.
“The combination of our technology, teams, strong cultural fit, and our connections will no doubt bring us one step closer to smoother travel payments.”
David Doctor, CEO of Outpayce, added: “Since the inception of Outpayce, Amadeus’ payments business, the focus has been to strengthen the current end-to-end offering as well as develop an integrated payment ecosystem to which travel companies can connect and access the latest fintech innovations. The acquisition of Voxel allows us to do both.
“I’m very proud to mark another milestone in our journey to deliver frictionless travel payments. I look forward to working closely with the Voxel team.”
