Our booking reconciliation feature ensures that all payments received—whether through card payments, bank transfers, or other methods—are automatically linked to their associated booking, eliminating the need for manual receipting.
As soon as a customer enters their card details, Felloh detects the card type and checks it against your merchant acquiring rates. This real-time data gives you a clear understanding of the cost of each transaction, allowing you to calculate your margin on a booking level. You can also use this transparency to validate that the fees charged by your acquirer match the terms of your contract.
Real-time transparency into card payment fees allows travel businesses to calculate their margins accurately, improving financial planning
The ability to validate the acquirer’s fees against contractual terms ensures that you are not overcharged, protecting your profit margins.
With transaction-level clarity, finance teams can better manage costs and make more informed decisions regarding payment processing.
Extracting the settlement data from some payment gateways can be a real pain for finance teams. Lack of automation, a dependency to log in to a portal or challenges matching transactions references back to your booking references can slow processes down. Felloh automatically matches the transaction in the settlement report to the original booking reference, saving you time and improving data accuracy.
Adam Clark
CTO