FUTURE TRENDS IN B2B DIGITAL PAYMENTS IN HOSPITALITY
Highlighting the importance of Digital Transformation in our era, Mr. Kyriakos Pierrakakis stated, “The Greek government has tried a lot in the recent 3.5 years to aggressively transform itself. The central tenet of this reform is gov.gr, the core portal of the Greek government. We have actually digitized and simplified more than 1,500 services and in the next 4 years we will digitize 4,000 more.
Xavi Ginesta, Chairman at Voxel, presented the company’s solutions in the area of electronic invoicing and B2B payments for the Travel Industry. The Bavel platform is leading the way in electronic billing and payment solutions for the Travel Industry and currently in use in over 100 countries. More than 1,000 travel companies are using Bavel to automate their invoicing and payment procedures with a network of over 50,000 leading hotels and other travel service providers. As he stressed, “Frictionless B2B payments are going to be the new normal in 10 years and the main players in the travel industry will be in this scenario. Many companies are partnering right now, and it will become a reality in a few years. Collaboration is the true vector and with this event, we demonstrated it, 20 years ago this event wouldn’t have been possible. It’s time for collaboration!”.
The last session of the event featured the panel discussion ‘Working together to accelerate the transition to a brighter future’, with the participation of Athanassios Daflos, Senior Manager, Head of Transaction Banking Solutions, Eurobank; Stefanos Spanakis, Senior Manager, Piraeus Bank; Simone Colombo, Senior Vice President, Planet; and George Moraitis, Head of Payments and Cash Management Solutions, Corporate Transaction Banking, National Bank of Greece. The representatives of Greek Banks and pioneer companies in the field of e-payments discussed the current and future trends of electronic payments in the hospitality sector, including integrated payment processes, automation solutions and the use of open APIs.