Payment orchestration company CellPoint Digital has formed a new partnership with Radisson Hotel Group. The hotel company now will use CellPoint Digital’s full payment orchestration platform to integrate new payment methods, new acquirers and stored card facilities. By orchestrating payments across regions and payment methods, CellPoint Digital’s platform will help Radisson Hotel Group to optimize a multiacquirer payments model that opens new opportunities for growth.
It also helps increase top-line revenue by utilizing intelligent routing, increasing authorizations, providing system uptime transparency and reducing the cost of accepting cross-border payments. This aims to reduce costs, increase acceptance rates and ultimately lead to a better customer experience.
“For many hotels, local payment methods and alternative payment options can be challenging to navigate,” CellPoint Digital CEO Kristian Gjerding said in a statement. “But getting payments right can unlock new opportunities for hotels to grow revenue, both in the short and long term. CellPoint Digital’s aim for this partnership is to help Radisson Hotel Group achieve its vision of transforming how it orchestrates international payments.”
“We chose CellPoint Digital because the senior team was impressed with their solution and appreciated its flexibility and innovative approach to help our customers pay in the payment method and currency that they prefer in the most optimal and beneficial way for Radisson Hotel Group,” said Philippe de Roose, the company's SVP tax and treasury. “Crucially, both organizations have a shared desire to work collaboratively and get things done.”