Travel Payments 101: From OTA to Airline Settlement

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Travel payments involve multiple stakeholders, from online travel agencies (OTAs) to airlines, hotels, and payment processors. Each booking generates complex flows: customer funds are collected, service fees are deducted, and settlements are made across partners. Settlement timelines vary based on currency, geography, and intermediaries, often requiring reconciliation across multiple accounts.

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Efficient travel payment management reduces risk, delays, and customer friction while enabling transparency across OTAs, airlines, and suppliers. Automated reconciliation, currency conversion, and fraud monitoring are critical for scale.

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Monavate supports travel businesses by providing multi-currency accounts, real-time transaction monitoring, and card issuance for payments or refunds. Its platform enables seamless settlement flows, integrates with travel partners, and reduces operational overhead. Businesses can issue virtual or physical cards to vendors, manage spend in real time, and reconcile payments efficiently. Monavate turns complex travel payment flows into streamlined, transparent operations.

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