iOL Pay Information

With over 20 years of serving the automation needs of the travel sector, we have a deep and comprehensive understanding of the industry pain points, inefficiencies and challenges. The lack of global and local automated solutions has created decentralisation of processes and systems, resulting in multiple payments systems, acquirers and service providers. Hotel bookings, payments and revenue management are largely manual processes which result in increased costs, poor cashflow & loss of revenue, human error and no holistic financial overview and management information regarding the booking process. In 2020 we created iOL Pay's Booking & In-stay Optimisation Software (BIOS) to transform the booking and revenue management processes within the industry to create multiple efficiencies, maximise revenues and cashflow whilst creating an exceptional guest experience. iOL Pay’s BIOS is unique as it is fully integrated into the PMS / CRS of the hotels, can drive full automation of the booking, payment and revenue mangement processes and provides a holistic system for hotels to manage these processes both at a group and individual property level. iOL Pay can be implemented globally, regionally or at a country level. The flexibility of our implementation capabilities is key for international hotel chains and national hotel brands as it provides a unique single solution for their business, making their global booking, payments and revenue management processes fully automated, simplified and more efficient.