No Website Needed for Online Payments: e-Invoicing for Hospitality and Travel Industry

This innovative e-invoicing white-label payment platform is designed to revolutionize how hospitality businesses handle payments, regardless of their size or digital presence.

By: Kristel Serran

Online payment facilities for hospitality businesses can be expensive, especially for those who are just starting out. From quaint bed-and-breakfasts to bustling city hotels, from local diners to upscale restaurants, these businesses are always finding ways to keep their overhead costs low, streamline their operations, all while enhancing their guests’ experience.

So how can SMEs in the hospitality and tourism industries even compete and thrive in this cut throat business?

Enter e-Snapped, AltPayNet's innovative e-invoicing white-label payment platform. It is designed to revolutionize how hospitality businesses handle payments, regardless of their size or digital presence.

No website needed. This single integration platform will allow you to readily accept payments from your customers’ preferred payment methods, anywhere in the world.

 

What is an e-invoice?

An e-invoice (electronic invoice) is a digital version of a traditional paper invoice that is issued, transmitted, and received electronically in a structured format.

Unlike PDFs or scanned copies of invoices, true e-invoices are created and processed using automated systems, making them machine-readable and easily integrated with accounting and payment platforms.

e-Snapped’s e-Invoices are sent via email, so new businesses who do not have integrated payment systems on their websites can start accepting secured payments, and get timely payment reports.

 

The Evolving Landscape of Payment Processing in Hospitality

Traditionally, the hospitality industry has relied heavily on manual invoicing and payment methods, leading to inefficiencies, errors, delayed payments, and late tax filings.

With the advent of digital solutions, there's a significant shift towards electronic invoicing (e-invoicing), as it offers numerous benefits, not limited to the following:

• Enhanced Efficiency: E-invoicing automates the invoicing process, reducing manual errors and accelerating payment cycles.
   
• Cost Reduction: Eliminating paper-based invoicing cuts down costs associated with printing, postage, and storage.
   
• Improved Cash Flow: Faster invoicing leads to quicker payments, bolstering cash flow—a critical factor for hospitality businesses managing daily operational expenses.
   

Challenges Faced by Hospitality Businesses

Despite the clear advantages, many hospitality businesses, especially small and medium-sized enterprises (SMEs), encounter challenges in adopting digital payment solutions:

• Lack of Digital Infrastructure: Many establishments operate without a dedicated website or integrated payment systems, limiting their ability to accept online payments.
   
• Resource Constraints: Implementing new technologies can be resource-intensive, both in terms of time and finances, which can be daunting for smaller businesses.
   
• Regulatory Compliance: Navigating the complexities of financial regulations and ensuring compliance can be challenging without specialized knowledge.
   

e-Snapped: Bridging the Gap

e-Snapped is tailored to address these challenges, offering a seamless transition into the digital payment realm:

• No Website? No Problem: Whether you're a family-run inn or a newly established tour agency with no web payments set up, e-Snapped enables you to send e-invoices directly to your customers via email. Guests can then make secure payments through a personalized link, simplifying the payment process.
   
• User-Friendly Interface: Designed with hospitality professionals in mind, e-Snapped's intuitive platform requires minimal training, allowing businesses to get started swiftly without disrupting operations.
   
• Scalability: From single-location eateries to multi-branch hotel chains, e-Snapped scales with your business, adapting to increasing transaction volumes and expanding operations.
   

Real-World Impact

One huge example is Germany's e-invoicing mandate to standardize B2B procurements. By adopting a digital invoicing system, this “reflects a global trend towards digitalizing tax processes and tax administration systems.”

This ensures that everyone on the supply chain is compliant, and that taxes should be filed easily with e-Invoicing platforms’ real-time payment reports.

 

In an era where digital transformation is paramount, e-Snapped offers hospitality businesses a lifeline to modernize payment processes without the need for extensive digital infrastructure. By embracing e-Snapped, hotels, restaurants, and travel agencies can enhance operational efficiency, improve cash flow, and, most importantly, elevate the guest experience.

Embrace the future of payment processing with e-Snapped and ensure your hospitality business remains competitive in a rapidly evolving landscape.

Send us an email at info@altpaynet.com or directly through our Sales Representative wilson.mendez@altpaynet.com to get started.