Features of Real Space Pay Payment Gateway

Real Space Pay payment solution provides many features that makes it one of the best solutions for the hotel industry:

Integration with Booking Engine:

Real Space Pay integrates seamlessly with Real Space Booking engine, which means any prepaid bookings can be paid at the time of checkout with all international cards and currencies. Moreover, the details of the payment gateway transaction are automatically stored in the payment details to track payments easily.

Common Payment Link to Receive payments:

Real Space PMS already has a section to create common Payment links that are not linked with any specific booking, lead, or service. But can be used generically to collect payments from any 3rd party by business.

Integration with Property Management System:

Real Space Payallows the user of Real Space Property Management System to send Payment Links from within the PMS at any time (before checkin, during checkin, or even after checkin). Any payments done on the payment links are corrected automatically in PMS and reconciled easily for reporting.

Analytics & Reporting:

All payments received in Real Space Pay Payment gateway can be easily tracked with reports / payment confirmation IDs from within the Real Space system and user does not have to reconcile this data in alternate payment gateway portal.

Automatic Payment Links for PostPaid bookings:

Real Space Pay can be used with Real Space Channel Manager also, only for postpaid bookings. Any bookings that come without prepayments can be sent payment links automatically at time of receiving, and any payments received can be recorded automatically in the system with auto-reconciliation.

Integration with EDC (Credit Card machine):

Real Space Pay provides simple and easy integration with EDC machines and has its own EDC machines that can provide one touch payment collection, and automatic transmission of data (both payment amount and confirmation) between the PMS and the EDC machine, which makes the process of payments very smooth and reduces the time for each payment.

Payment Links for Leads / CRM:

Real Space Pay payment links can be used seamlessly with the CRM and Leads management system. The system can create tentative bookings and define automatic expiration date and send payment links at time of reservation. If payment is not made on those payment links before expiration date, then the bookings are automatically cancelled, else the payment details are recorded. Moreover, payment links can be sent for smaller amounts (than total amounts) to ensure that any booking is confirmed.

Real Space Pay Payment Solutions for non-hospitality industry

Real Space Pay can also be used for non-hospitality industry in the following manner:

Payment Links can be used to collect payments
EDC machines can be used to collect payments
API integration to use Real Space Pay for any ERP application

What are the features requirement in payment gateway for hotels?

The features that make any payment gateway most suitable for hotels is following

Integration with Booking Engine & Property Management System
Integration with EDC (Credit Card machine)
Simple & transparent Reports and Analytics
Higher success rate and lower commission charges