Amadeus acquires travel payments expert Voxel
By Gloria Methri
Amadeus has announced the acquisition of Voxel, a provider of electronic invoice and B2B payment solutions for travel sellers, hotels, and other travel players.
This will support the company’s vision to deliver a smooth travel payment experience. It will also complement Amadeus’ payments business, Outpayce, by enhancing its existing travel sellers’ product suite, while expanding in the hospitality segment.
The addition of Voxel solutions to Amadeus’ existing offering means access to a wider range of payment services for travel sellers and a more automated electronic way to manage invoices for tour operators, TMCs, hotel aggregators, and hotels.
The acquisition of Voxel will also help Amadeus better serve its corporate customers by further automating the business travel experience, from reservation and payments to expense management.
Decius Valmorbida, President, Travel, Amadeus, said, “The acquisition of Voxel brings a complementary portfolio of solutions to enrich our end-to-end offering, leveraging smart technology to benefit the wider travel eco-system and industry. Payments are present at every stage of the travel experience. We now have a combined team of experts who are passionate about payments, and a breadth of customers who will now be able to leverage the power of Voxel and Amadeus together.”
Àngel Garrido, CEO, Voxel, added “Amadeus is global, with travel and technology experts working towards a better door-to-door and connected journey. These attributes, combined with Amadeus’ deep roots in travel, have resulted in a unique opportunity for Voxel and Amadeus to grow faster, and further embed innovative and automated technology. The combination of our technology, teams, strong cultural fit, and connections will no doubt bring us one step closer to smoother travel payments.”
David Doctor, CEO, Outpayce, said “Since the inception of Outpayce, Amadeus’ payments business, the focus has been to strengthen the current end-to-end offering as well as develop an integrated payment ecosystem to which travel companies can connect and access the latest FinTech innovations. The acquisition of Voxel allows us to do both. I am very proud to mark another milestone in our journey to deliver frictionless travel payments. I look forward to working closely with the Voxel team.”
Voxel is an e-invoicing and B2B electronic payments specialist. Its Bavel platform orchestrates an end-to-end electronic payment process. The platform is made up of Bavel Pay, Bavel Billing, and Bavel Procurement, and handles more than 100 million transactions per year.
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