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The Importance of Multiple Payment Options

December 26, 2008

As an hotelier, you are aware of the importance of the internet as a booking channel as there are millions online, many of whom are actively looking for hotel accommodation. What most hoteliers do not realize is that payment options have an immense impact on your online sales figures.

How? Well, customers or guests are fickle and impatient. When they visit your hotel website to make a reservation, and do not find their card or bank in your list of payment options, they will simply move on to another hotel website. If you are thinking, ‘it’s not possible to have all possible payment options or it’s too expensive to partner with every card or bank, then STOP!’ You don’t have to!

There are solutions like ResAvenue that have already taken the effort to partner with a wide variety of card companies, banks and other alternate payment options. You simply need to sign up with such an online service provider, who will integrate with your hotel website and broaden not only your payment options but also your customer base.

ResAvenue is a multi-lingual; multi-currency online hospitality solution that offers hoteliers a complete real time solution where reservation and online payment comes together. It has the widest range of payment options - Credit cards, Net banking, Cash cards and Mobile payments. This includes the widest range of credit card payment options such as American Express, Carte Blanche, Citibank eCards, Diners Club International, Discover Novus, JCB Cards, VISA and MasterCard.

ResAvenue has a wide range of net banking options consisting of 21 Indian Banks which includes ABN AMRO, Axis Bank, Bank of India, Canara Bank, Centurion Bank of Punjab, Citibank, Corporation Bank, Federal Bank, HDFC Bank, ICICI ePayments Ltd., IDBI Bank, IndusInd Bank, J&K Bank, Kotak Mahindra Bank, Karur Vysya Bank Ltd., Oriental Bank of Commerce, Punjab National Bank (PNB), The Bank of Rajasthan, State Bank of India, Union Bank of India, Yes Bank, as well as 20 Chinese Banks and 3 Singapore Banks.

In addition to the Credit Card and Net Banking payment options, ResAvenue also provides its hoteliers with a convenient Mobile Payment Option by PayMate for their guests. With this mode of payment, hoteliers can accept payments for bookings at anytime and anywhere directly from their customer’s mobile phones. This gives the hotelier a wider customer base as the Mobile Payment facility can be used by customers who do not own a Credit Card.

ResAvenue also provides its hoteliers with an easy Cash Card Payment Option by Itz Cash. Itz Cash Card is a popular payment option, ranking only second to Credit Cards on the Indian Railway site. With this payment option you can now accept payments from customers who do not own a Credit Card, a net banking account or even a mobile phone. With this payment facility, a completely new segment of customers opens up for you.

ResAvenue strives to bring its hoteliers the best in terms of payment options. It offers its clients cutting-edge payment solutions to the next level by not only adding more Net Banks to its direct debit engine but also new payment modes. So what are you waiting for? Sign up for a ResAvenue booking engine now!


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