Automate all your payments with Moneydirect

Moneydirect is the new solution for processing your payments across all channels and all GDSs.

Do the words “payment” and “reconciliation” make you shudder? Does the thought of tracking invoices and calculating accurate service fees give you a headache? Amadeus and Sabre have joined forces to create a solution that allows you to process payments efficiently, accurately and effortlessly. The result is Moneydirect, an integrated multi-channel and GDS agnostic solution which allows you to automate and control all your payment processing, clearing and reconciliation securely.

For many TMCs, 2007 was a record-breaking year - members of the UK’s Guild of Travel Management Companies made nearly 3.2 million hotel reservations in 2007, representing an increase of 20% versus 2006. But it is probable that as hotel bookings soared, so did TMC employees’ stress levels.  

The difficulties involved in tracking payments and service fees for industry segments not covered by ARC or BSPs are notorious. In these cases, TMCs struggle to ensure that they receive a copy of the traveller’s invoice. Some ask the corporations to perform time-consuming tasks; others make the payment on their company credit card, exposing themselves to fraud and incurring high credit card processing costs. Until recently, no optimized  solution existed. Moneydirect will provide a solution to these issues.

Via the Moneydirect Hotel Billback solution, TMCs will be able to efficiently guarantee bookings, receive invoices electronically, pay Hotels, reconcile payments to bookings, manage VAT amounts and bill Corporations back for the Hotel costs incurred and their service fee.

Moneydirect provides:

Easy reconciliation: reporting includes all booking and payment details
Optimal transparency: money transfers are visible by both parties at all times
Trusted trading hub: subscribers are taken off the system if they dishonour a payment

How Moneydirect helps your business

Moneydirect automated billing and settlement brings you a number of advantages:

Increase flexibility:
You will no longer be limited to working with hotel with which they have invoicing agreements. Moneydirect subscribers are trusted partners, which means that you can work with any hotel in the system and offer your customers more content and greater flexibility.

Improve control:
Moneydirect offers extensive management reporting which allows your company to generate reports on demand. This ensures service fees re accurately calculated and allows detailed data analysis.

Sell more & reduce no-shows:
Moneydirect gives you access to prepaid and optional hotel rates.

Improve productivity:
Automation reduces manual tasks and allows you to focus on providing even better customer service.

Save time for your customers:
Customers no longer need to keep track of invoices or perform time-consuming manual reconciliation tasks themselves.

6000 customers in 220 countries

Moneydirect is based on a multi-GDS, multi-channel platform which currently handles over US$ 2 billion in transactions per year and performs settlements in more than 220 countries for its 6000 customers. It was originally developed for Australia’s largest tour operator in 1991 and has quickly become the leading online payment system in Asia Pacific. It performs clearing in Australia, New Zealand and the Philippines and is starting operation in the USA, UK and France, before being deployed in more countries.