Amadeus Expands Travel Payment Solutions with Acquisition of Voxel

  • The acquisition promises to enrich the payment journey for various stakeholders within the travel ecosystem.
  • Through this agreement, Amadeus reinforces its commitment to broadening its offerings in alignment with the needs of its current clientele.

Bengaluru, 12th March 2024: Amadeus announces its acquisition of Voxel, a leading provider of electronic invoice and B2B payment solutions within the travel industry. This strategic move aims to enhance Amadeus’ travel payment experience and broaden its product suite for travel sellers and hospitality players.

The integration of Voxel’s solutions into Amadeus’ offerings will provide travel sellers with access to a wider range of payment services and enable a more streamlined electronic invoice management process for various travel entities. This acquisition will also facilitate Amadeus in delivering a more automated and seamless business travel experience, from reservations to expense management.

Decius Valmorbida, President of Travel at Amadeus, emphasizes the significance of this acquisition in enriching Amadeus’ end-to-end offering and improving the overall travel experience through integrated and efficient payment solutions.

Àngel Garrido, CEO of Voxel, expresses excitement about joining forces with Amadeus and leveraging their combined expertise to accelerate innovation in travel payments and enhance processes for travel sellers and providers alike.

David Doctor, CEO of Outpayce, highlights the alignment of Voxel’s capabilities with Amadeus’ vision of delivering frictionless travel payments, marking a significant milestone in their journey to create a seamless payment ecosystem for the travel industry.

Voxel’s Bavel Platform, catering to over 50,000 hotels, 1,000+ tour operators, and 3,000+ restaurants across 100 countries, will now be integrated into Amadeus’ offerings, further solidifying their position as leaders in travel technology.

Founded in 1998 and headquartered in Barcelona, Spain, Voxel brings over 200 employees to Amadeus through this acquisition, signifying a significant step forward in strengthening Amadeus’ presence in the travel payment space.

Hot this week

Optima Launches to Make Hedge-Fund Intelligence Personal

SEBI-registered portfolio manager introduces AI-native platform for personalized risk-aware investing

GoFloaters Introduces AI-Powered Workplace Intelligence Platform to Simplify Hybrid Workplace Management

GoFloaters’ workplace network spans 50+ cities, 360+ operators, 35,000 seats, and 4,000+ meeting rooms across India.

Bluehill.VC Announces ₹400 Crore Final Close of Maiden Frontier-Tech Fund

SIDBI, Governments of Kerala & Uttar Pradesh, family offices, founders, and UHNIs back the fund

Finvolve Backs KshatraLabs in Pre-Seed Round to Accelerate India’s Indigenous Autonomous Counter-Drone Technology

KshatraLabs aims to advance its swarm-capable interceptors to TRL-6 and progress towards defence procurement opportunities.

Topics

Optima Launches to Make Hedge-Fund Intelligence Personal

SEBI-registered portfolio manager introduces AI-native platform for personalized risk-aware investing

GoFloaters Introduces AI-Powered Workplace Intelligence Platform to Simplify Hybrid Workplace Management

GoFloaters’ workplace network spans 50+ cities, 360+ operators, 35,000 seats, and 4,000+ meeting rooms across India.

Bluehill.VC Announces ₹400 Crore Final Close of Maiden Frontier-Tech Fund

SIDBI, Governments of Kerala & Uttar Pradesh, family offices, founders, and UHNIs back the fund

Finvolve Backs KshatraLabs in Pre-Seed Round to Accelerate India’s Indigenous Autonomous Counter-Drone Technology

KshatraLabs aims to advance its swarm-capable interceptors to TRL-6 and progress towards defence procurement opportunities.

Chetan Bhambri – Leadership Strategist and Executive Coach for Founders and CXOs

The Founder Who Built a Leadership Practice Around the One Pattern Every Scaling Company Shares

Aries Agro Reports Strong Q1 FY27 Performance; Consolidated PAT Rises 49% YoY

The performance reflects resilience, operational efficiency, and continued focus on innovative plant nutrition solutions.

PayU Launches India’s First RBI-Compliant Accessible Payments Checkout for Blind and Visually Impaired Users

Ahead of Independence Day, PayU advances digital inclusion with accessibility-first checkout features for all users
spot_img

Related Articles

Popular Categories

spot_imgspot_img