A clearing house is an intermediary that facilitates the settlement of financial transactions between parties, ensuring funds are transferred accurately.
In the travel industry, clearing houses play a critical role in reconciling payments between travel agencies, suppliers, and banks.
Delays in the clearing process can lead to cash flow issues for travel companies, impacting their ability to pay suppliers and partners promptly.
Felloh works with clearing houses to streamline transaction settlements, ensuring timely payments and improved cash flow management for travel businesses.
Felloh can process transactions across multiple merchant acquirers for a single business. With deep integrations across several providers, Felloh offers consistent data output and manages all front-end payment logic, allowing you to integrate once while gaining access to multiple acquirers.
