HotelTools, Inc., a company specializing in technology solutions for the hospitality industry, has announced its partnership with Paymentech, the nation’s leading acquirer and processor of credit card transactions. The alliance provides credit card and payment processing solutions within HotelTools’ Enterprise Management Solution, the company’s suite of Internet-Native application services comprised of Property Management, Reservations, Guest Management and Reporting. HotelTools’ industry-leading ASP solution provides hotel owners and operators with the tools to manage multiple properties, rates and relationships in real time.
Specifically designed to meet hoteliers’ needs, Paymentech’s Hospitality Solutions include a wide variety of back-end functionality including credit/debit card authorization, transaction processing and comprehensive reporting, as well as expanded payment options and competitive discount rates.
According to Mario Dittmer, Director of Strategic Relationships for Paymentech, “Our partnership with HotelTools allows us to extend our offerings within an ASP solution to our existing lodging customers and potential clients, as well as to bundle our services for the benefit of HotelTools’ customers.”
“As a valued third party partner, Paymentech provides HotelTools’ customers with a comprehensive technology solution for backend processing and value added information services,” stated Todd Sharp, Vice President of Global Solutions at HotelTools. “The addition of their credit, transaction and reporting solutions within our Enterprise suite is a winning combination. Through this partnership, our customers will have the option to unify their multi-property operations by leveraging the HotelTools application services together with select third party applications to better manage their business.”
Dallas-based Paymentech, the payment solutions company, delivers secure and reliable electronic payment services in merchant acquiring and point-of-sale transaction processing. Paymentech (http://www.paymentech.com ) processed approximately 3.4 billion transactions and $109 billion in bankcard sales volume in 2000. Founded in 1985, the nation’s premier processor and acquirer of credit card transactions is also the leader in non-face-to-face payment processing for Internet and direct marketing.
HotelTools, Inc. has developed the first Internet Enterprise Software for the hospitality industry. As the lodging industry’s first ASP truly architected for the future, HotelTools leverages the Internet as a cost-effective communications network, giving hoteliers capabilities previously unavailable to most of the industry.Details