The TEAMS payment solution is a sophisticated payment management solution that will improve cashflow and collections whilst endorsing the overall sales process. Reducing risk, creating operational efficiency and streamlining processes.
AVQuest TEAMS Payment Solution:
1. Facilitates and automates the collection of payments from third party sites like Booking.com, LateRooms, LastMinute.com (where appropriate) as well as your own website booking engine. Example: 30 Day Advance Purchase Non-Refundable, deposits only, etc – can be collected and managed per booking rule – this can all be completed in an automated way with full audit trails.
2. Increase conversion and reduce risk. There are varying levels of this service such as automated decline follow ups, fraud alerts etc..
Example: Where there is a declined payment, TEAMS can automatically chase the customer for payment. TEAMS can also manage multiple payments for a single booking.
3. Payment Receipts – customized to reflect your Hotel branding with opportunity to add further promotion/marketing messages.
4. Payments are managed automatically and TEAMS will support you when faced with a chargeback, by providing documented payment, payment receipt and email audit trails for your bank.
5. A Daily activity report email with a Excel workbook attachment containing up to 7 spreadsheets detailing all the previous day’s automated booking and payment activities.
6. TEAMS manages your payment gateways and ensures payment rules are managed automatically.
7. Similarly, TEAMS can automatically pre-auth cards should payment processing not be required.
8. Monies are deposited directly into your nominated account/s providing flexibility and where required, allow funds to be allocated to multiple accounts
9. Generate branded booking confirmations, which also includes logic based on the results of the customer’s payment.
10. Cancellations and No-Show policies can be enforced effectively – additional payments can be made against the card even after the booking has been processed.
11. Other features; SMS notifications, WIFI voucher payment processing, enhanced operational and financial reporting etc.