Travel technology giant Amadeus has announced its acquisition of Voxel, an innovative provider of electronic invoicing and B2B payment solutions for the travel industry. This acquisition marks a significant step forward in Amadeus' efforts to offer a more integrated and seamless travel payment experience, complementing its existing Outpayce payments business.

Voxel, known for its advanced technology in managing electronic invoices and payments, will bring a wealth of solutions to Amadeus' portfolio. This integration will provide travel sellers, including hotels, tour operators, travel management companies, and hotel aggregators, access to an expanded range of payment services. Additionally, it aims to automate and streamline electronic invoice management, making the payment process smoother and more efficient.

Decius Valmorbida, President of Amadeus Travel, emphasised the importance of this acquisition, stating, "The acquisition of Voxel brings a complementary portfolio of solutions to enrich Amadeus’ end-to-end offering, leveraging smart technology to benefit the wider travel ecosystem and industry. Payments are present at every stage of the travel experience. To make the experience of travel better, it’s crucial we ensure smooth, integrated and even invisible payments."

The acquisition is poised to enhance Amadeus' capabilities in catering to corporate clients by automating the entire business travel experience, from reservations and payments to expense management. The integration of Voxel’s technology promises to offer a more seamless end-to-end process for all stakeholders involved.

Àngel Garrido, CEO of Voxel, shared his enthusiasm for the integration, noting, "The combination of our technology, teams, strong cultural fit, and our connections will no doubt bring us one step closer to smoother travel payments."

Voxel's Bavel Platform, which includes Bavel Pay, Bavel Billing, and Bavel Procurement, orchestrates an end-to-end electronic payment process. It is currently utilised by more than 50,000 hotels and over 1,000 tour operators and travel companies across 100 countries, handling more than 100 million transactions annually.

This strategic acquisition by Amadeus underscores the company's commitment to revolutionising the travel industry's payment landscape, making it more efficient, transparent, and user-friendly. As Amadeus continues to expand its services into the leisure travel market, the addition of Voxel's technology and expertise is expected to significantly enhance the travel payment experience for both sellers and consumers worldwide.