As an e-invoicing and B2B electronic payments specialist, Voxel provides its Bavel Platform which orchestrates an end-to-end electronic payment process. At the moment, more than 50,000 hotels, 1,000 tour operators and travel companies, and 3,000 restaurants and franchises, across 100 countries, leverage the capabilities of Voxel’s platform, which consists of Bavel Pay, Bavel Billing, and Bavel Procurement.
Amadeus’ development strategy
According to Amadeus’ officials, the acquisition of Voxel delivers a complementary portfolio of solutions that can enrich the company’s end-to-end offering, using technology to support the wider travel ecosystem and industry. As payments are present at every stage of the travel experience, the company intends to ensure integrated and efficient payments for its customers. Additionally, representatives from Voxel underlined that the current move assists both their company and Amadeus’ development strategy, while also further delivering automated technology to customers. By merging their capabilities and connections, the two companies focus on advancing payments in the travel segments.
Furthermore, officials from Outpayce highlighted that, since its inception, Amadeus’ payments business has been directing its resources onto solidifying the end-to-end offering, as well as developing an integrated payment ecosystem to which travel enterprises can connect and access fintech products. The acquisition also is set to see over 200 Voxel employees join Amadeus.
