VELA

Founded in 2016, VELA® is an international payment solution provider that connects mobile wallet service providers, acquirers, processors, merchants, banks, revenue accounting and reconciliation platforms, and fraud management tools to enable the seamless, cross-border transfer of funds for both B2B and B2C transactions. The company is currently regulated in various global markets and provides solutions for travel as well as e-commerce, direct marketing, lodging, and other verticals. We are industry agnostic supporting various complex requirements in Lodging and eCommerce to name a few. We are PCI Level 1, GDPR and CCPA Complaint and Certified solution. With the State of the art and latest technologies available, we are also now supporting QR Codes (for Passport and Drivers License verification at the Hotel for Guest check-in) and Biometrics (Facial Scan and Thumb Print) as a new method of payment.

The VELA – future of travel retail Payment project revolves around industry award-winning IP & technology to help travel retail operators, airlines, airports, and travel agents generate a significant increase in ancillary revenue through smart data-driven, retail technology. The technology is currently being white-labeled and integrated into various payment platforms that serve the travel industry, which will allow our Customers to present travel retail offers, experiences, and exclusives to traveling passengers before they travel – and allow retailers, brands, and additional partners to present meaningful, contextual and relevant notifications to help passengers become more aware of what is available based on their unique travel itinerary. During one of our hospitality client rollout, The 3 main takeaway points translated to thousands of dollars saved, higher efficiencies in operations and management, and cross-sell and up-sell potential to lead to new revenues.