Payment processor
A provider that moves payment data between the merchant, acquirer, scheme and issuer.
A payment processor is a provider that moves payment data between the merchant, the acquirer, the card scheme and the issuer, handling the technical work of authorisation, capture and settlement. Some processors are bundled with an acquirer; others are independent and integrate with multiple acquirers. The processor is what makes the actual rails move under the hood.
felloh is a travel-specific payment processor.
Process card and open-banking payments across multiple acquirers, with settlement and fees reconciled to the booking they belong to.
What it means for travel businesses.
Travel businesses often work with multiple processors across brands, regions and channels. Where the processor stops and the acquirer starts can be confusing, but the practical reality is that processor choice affects acceptance, settlement and reporting.
A processor change is one of the most invisible-but-consequential decisions a travel business makes. The customer journey looks the same, the acquirer name on the statement might not change, but acceptance rates, settlement timings and the format of operational data underneath can shift materially. A change handled badly creates months of reconciliation drift.
The travel businesses that handle processor decisions well measure outcome metrics — acceptance, fee mix, settlement timing — and switch deliberately when the case is clear. The businesses that do not switch reactively, often during a contract renewal, and find themselves rebuilding reconciliation processes that worked perfectly well before.
How felloh handles it.
felloh keeps the booking-level finance picture consistent across processors, so consolidating, switching or adding a processor does not fragment the operational story.
The pay checkout abstracts processor-specific detail — Nuvei, Total Processing, Basis Theory, Crezco — behind one customer-facing experience, with the dashboard’s Transactions and Settlement views recording the underlying processor against each booking. Decline Analysis exposes acceptance by processor so routing or migration decisions are measurable.
For travel businesses running one processor or several, the booking-level picture remains the constant. Acceptance, fee mix and settlement timing are visible per processor, and the operational impact of any change shows up as a measured shift rather than an anecdote.
Related terms.
Payment gateway
The technology layer that connects a merchant to the acquirer and processor.Read termGlossary termAcquirer
The financial institution or payment provider that enables a merchant to accept card payments.Read termGlossary termCard scheme
The card network, such as Visa or Mastercard, that sets rules and routes card transactions.Read termGlossary termAuthorisation
The step where a card issuer approves or declines a payment request.Read termGlossary termSettlement
The movement of processed payment funds into the merchant account or bank account.Read termSee how this works around your bookings.
Bring one payment, reporting or cash-position problem. We will show how felloh connects the booking-level money trail behind it.
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