Amadeus Expands Travel Payment Solutions with Acquisition of Voxel

Amadeus Expands Travel Payment Solutions with Acquisition of Voxel

Amadeus, a key player in the travel industry, has announced its acquisition of Voxel, a prominent provider of electronic invoicing and B2B payment solutions tailored for travel sellers, hotels, and related entities. This strategic move aims to bolster Amadeus’ commitment to streamlining the travel payment experience, particularly through its payments business, Outpayce.

Enhancing Travel Payments
The integration of Voxel’s solutions into Amadeus’ portfolio promises a broader array of payment services for travel sellers, accompanied by enhanced automation for managing invoices across various sectors such as tour operators, TMCs (Travel Management Companies), hotel aggregators, and individual hotels. The acquisition is poised to advance Amadeus’ capabilities in serving corporate clients, further streamlining processes spanning reservation, payment, and expense management.

Decius Valmorbida, President of Travel at Amadeus, emphasizes the significance of this acquisition, stating, “The addition of Voxel’s solutions enriches Amadeus’ end-to-end offering, leveraging smart technology to benefit the broader travel ecosystem. Seamless, integrated payments are pivotal in enhancing the travel experience, and our combined expertise will contribute to realizing this vision.”

Àngel Garrido, CEO of Voxel, expresses enthusiasm about joining forces with Amadeus, citing the latter’s global reach and expertise in travel technology. This collaboration is expected to accelerate innovation in automated technology, ultimately improving processes for both travel sellers and providers.

David Doctor, CEO of Outpayce, underscores the strategic importance of this acquisition in advancing Amadeus’ payment ecosystem. The integration of Voxel’s capabilities marks a significant milestone in realizing frictionless travel payments.

Voxel, renowned for its expertise in e-invoicing and B2B electronic payments, operates the Bavel Platform, facilitating seamless electronic payment processes for a diverse clientele spanning hotels, tour operators, and restaurants across the globe.

Founded in 1998 and headquartered in Barcelona, Spain, Voxel brings over 200 skilled professionals to Amadeus through this acquisition, strengthening the latter’s position as a leader in travel technology solutions.

———

If you are a proptech company and want to promote your products for free, go to proptechbuzz.com and submit your products. For investors or proptech buyers, sign up on our platform to stay informed about exciting updates and trends in the Proptech Ecosystem.

Explore more Proptech news at media.proptechbuzz.com, for news tips and promotions, reach out to marketing@proptechbuzz.com .