Amadeus, a global travel technology company, recently announced the acquisition of Voxel, a leading provider of electronic invoice and B2B payment solutions for travel sellers, hotels, and other travel players.
According to a company announcement, the acquisition will support Amadeus’ vision to deliver a smooth travel payment experience. It will also complement Amadeus’ payments business, Outpayce, by enhancing its existing travel sellers’ product suite, while expanding in the hospitality segment.
“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,” said Decius Valmorbida, President, Travel, Amadeus.
The addition of Voxel solutions 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 tour operators, TMCs, hotel aggregators, and hotels.
“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,” Valmorbida said.
Photo source: Amadeus
The acquisition of Voxel will also help Amadeus better serve its corporate customers by further automating the business travel experience, from reservation and payments to expense management. According to Amadeus, thanks to this integrated technology, it will continue to better connect the travel industry and reduce manual processes for a smooth experience.
“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.”
Voxel is an e-invoicing and B2B electronic payments specialist. Voxel’s Bavel Platform orchestrates an end-to-end electronic payment process. Over 50,000 hotels, 1,000+ tour operators and travel companies, and 3,000+ restaurants and franchises, across 100 countries, currently benefit from the platform. The platform is made up of Bavel Pay, Bavel Billing, and Bavel Procurement, and handles more than 100 million transactions per year.
Voxel, a privately-owned company, was founded in 1998, and is headquartered in Barcelona, Spain. The acquisition, which is now closed, sees over 200 Voxel employees join Amadeus.
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