We created a hotel marketplace (iWTX) in 2000 realising the need to connect the tourism ecosystem players. IWTX is serving 23,000 hotels today.
While serving the industry we have an up close understanding of the industry pain points like lack of centralization, payments reconciliation and manual work around finances and revenues, which results in increased costs, reduced oversight and visibility.
We created iOL Pay in 2020 to transform the hotel payments experience into an exceptional guest experience.
iOL Pay is unique as it is fully integrated in the PMS / CRS of the hotels, can drive full automation of the payment process, give more choices for the clients, save money for both clients and hotels, and even bring hotels additional revenues.
iOL Pay can be implemented everywhere in the World, which is key for hotel chains who would love to have one unique solution for all their hotels making their global payments fully automated and simplified.
We provide truly global coverage.
Working with some of the biggest global names around card payments, banking, acquiring and issuing, we enable to weave solutions and add the industry enablement plugins to truly deliver global solutions for our Hotels (who operate across multiple geographies and whose customers come from around the world).
PCI DSS Level 1 compliant
Money Transmitter Licenses across US
PSD2 and Strong Customer Authentication (SCA) compliant
SSAE18/SOC 1 type 1 and type 2 and SSAE18/SOC 2 type 1 and type 2 reports
AFSL in Australia, E-Money License in Europe, and registered MSB in Canada