IBS Software is partnering with Stripe, a financial infrastructure platform for businesses, to ease friction in the travel industry by providing an increased range of payment solutions for those using IBS Software’s iStay. This technical integration is available immediately for IBS Software customers. iStay and Stripe built this partnership using Stripe’s Connect product, the fastest and easiest way to integrate payments and financial services into the user’s software platform or marketplace.

This partnership enables hospitality groups to improve the traveler experience and personalize key steps of the traveler’s journey – making purchase moments easier and potentially more frequent. To give travelers more options, the Stripe integration will support both online and in-person payment processing.

For customers, this seamless integration allows them to benefit from modern payment solutions and an abundance of choice when it comes to how they pay for their travel. Businesses will be able to offer features like a one-click booking experience and access to popular payment options like installments and buy now, pay later methods. Not only will these options be available at the time of booking, but at multiple points throughout the guest’s journey from in-room dining to tours and activities to parking, all bookable through saved payment methods, reducing friction and time spent on the customer’s side arranging payment during repeat visits.

Through this partnership, IBS Software continues to build out its best-in-class unified iStay platform to ensure the best possible travel experience from booking to the journey back home.

About IBS Software

IBS Software is a leading SaaS solutions provider to the travel industry globally, managing mission-critical operations for customers in the aviation, tour & cruise, hospitality, and energy resources industries. IBS Software’s solutions for the aviation industry cover fleet & crew operations, aircraft maintenance, passenger services, loyalty programs, staff travel and air cargo management. Across the hospitality sector, IBS Software offers a cloud-native, unified platform for hotels and travel sellers, including central reservation (CRS), property management (PMS), revenue management (RMS), call centre, booking engine, loyalty and distribution. For the tour & cruise industry, IBS provides a comprehensive, customer-centric, digital platform that covers onshore, online and on-board solutions. Across the energy & resources industry, we provide logistics management solutions that cover logistics planning, operations & accommodation management. The Consulting and Digital Transformation (CDx) business focuses on driving digital transformation initiatives of its customers, leveraging its domain knowledge, digital technologies and engineering excellence. IBS Software operates from 17 offices across the world.

Stripe and the Travel Industry: A Perfect Match

Stripe has revolutionized the way businesses handle payments, and the travel industry is no exception. With its user-friendly API, Stripe offers a comprehensive suite of tools that can significantly enhance the travel experience for both customers and businesses.

Key Benefits of Stripe for Travel Businesses:

• Simplified Payments: Stripe’s intuitive platform makes it easy for travelers to pay for flights, accommodations, and activities, reducing friction in the booking process.
• Global Reach: Stripe supports payments in over 100 currencies, making it a versatile solution for travel businesses that operate internationally.
• Fraud Prevention: Stripe’s sophisticated fraud detection tools help protect businesses from financial losses and ensure a secure experience for customers.
• Customizable Checkout: Travel businesses can tailor the checkout experience to match their brand and offer a seamless journey for customers.
• Subscription Management: For recurring payments, such as loyalty programs or subscription-based travel services, Stripe provides efficient management tools.
• Mobile Optimization: Stripe’s mobile-friendly platform ensures a smooth payment experience for travelers on the go.

The new partnership between IBS Software and Stripe brings several benefits to both the company and its customers:

For IBS Software:

• Enhanced product offering: The integration of Stripe’s payment solutions expands IBS Software’s capabilities, making iStay a more attractive product for customers.
• Increased customer satisfaction: By offering a wider range of payment options, IBS Software can improve the overall customer experience and reduce friction in the booking process.
• Strengthened market position: The partnership positions IBS Software as a leader in the travel technology industry, providing customers with cutting-edge solutions.

For IBS Software’s customers:

• More payment options: Customers can choose from a variety of payment methods, including popular options like installments and buy now, pay later.
• Seamless booking experience: The integration simplifies the booking process, allowing customers to book their travel with ease.
• Improved customer satisfaction: By offering more convenient payment options, IBS Software can enhance the overall customer experience and encourage repeat business.

In summary, the partnership between IBS Software and Stripe brings increased value to both the company and its customers by providing a more comprehensive and user-friendly payment solution.

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