(by Andegna.com) Online hotel booking service provider around the world called Jovago has launched WEX Virtual Credit Card (VCC) system for Ethiopian hotels and guest houses that issue virtual credit cards in US dollars for each booking made under Jovago.
The electronic payment solution will enable hotels to make international service payments through Point of Sales System (POS), simplifying complexities of payment system partnering with WEX, according to Jobago Ethiopia office.
The method enables hotels to take room charges through a MasterCard payment process, for the purposes of corporate purchasing and transaction monitoring. WEX VCC system will enable customers to book either before the point of destination (pre-payment) or after they reached at the hotels or guest houses they prefer.
The system set precise controls for payment authorizations and automate payment reconciliation by reducing incidences of fraud and disputes. Customers or visitors can use a code system on ATM’s (Automatic Teller Machines) to access their account and pay their bill to the hotel,” said the company.
The service charge, which is given to Jobago from the hotels, is based on the contract between the two businesses which could range from 15 to 30 percent and differ in hotels.
VCCs are an increasingly popular form of payment for travelers and the service provider expect the solution to grow rapidly with hotels in Ethiopia taking advantage of the top-notch service.
Image: A hotel room in Addis Ababa