Have your employees ever been frustrated by the delayed hotel check-in process due to manual credit card authorizations? Traditional paper forms delay your schedule and put your sensitive information at risk.
Automation of credit card pre authorization is a process that replaces manual, paper-based credit card verification with digital solutions. Instead of filling out cumbersome forms, travel and operations teams can generate virtual cards and securely share payment details with hotels in real time.
These digital solutions streamline payment processes, ensuring swift and secure transactions. Moreover, they reduce the chances of fraud, providing peace of mind during your stay. Read ahead to know the 7 best platforms that do this automation.
Advantages of Automating Credit Card Pre Authorization
Automating credit card authorization brings a host of benefits that directly impact your bottom line and customer satisfaction.
Some of the benefits include:
- Swift Check-Ins: Automation speeds up credit card authorizations directly with your hotel’s system, so you breeze through check-in and get on with your busy day.
- Business-Grade Security: Robust, real-time fraud detection ensures your corporate card details are safe, giving you peace of mind during every transaction.
- Efficient Transactions: Quick approvals mean you spend less time at the front desk, allowing you to focus on meetings and important work.
- Custom Controls: Automated systems cater to high-value business transactions, offering you tailored fraud rules and detailed transaction visibility.
- Seamless Expense Integration: Real-time updates and detailed logs simplify expense reporting, making it easier for you to manage travel budgets and reimbursements.
Best Platforms for Automating Credit Card Authorizations
1. itilite
itilite travel and expense management solution is the best company for automating hotel credit card pre authorization. Instead of filling out cumbersome authorization forms for every reservation, you get a unique, one-time virtual card for each booking.
How It Works
- One-time cards per booking: You get a unique virtual card for each booking, so you never need to fill out manual authorization forms.
- Direct payment sharing: Payment details are sent straight to the hotel, making check-in a breeze.
- Easy tracking: Every transaction is linked to its booking, simplifying reconciliation.
- Smooth check-ins: Payment details are reconfirmed before arrival, so there’s no risk of a check-in denial.
- Enhanced security: Built-in spending limits and security measures help reduce fraud risks.
2. Canary Technologies
Canary is a technology firm that helps hotels fight fraud and cut down chargebacks by replacing old-school paper hotel credit card pre authorization forms with a secure digital alternative.
Their PCI Level-1 compliant solution not only protects sensitive data but also speeds up the authorization process. By simplifying how you gather payment details, Canary lets your team spend less time on paperwork and more time engaging with guests.
How They Do It:
- Unique Links: Each guest gets a personal, secure link.
- Automatic Notifications: Your team is emailed when a guest completes the form.
- Web Dashboard: Easily track and review every authorization.
3. Sertifi
Sertifi makes life easier for hotels by digitizing credit card pre authorizations to reduce chargeback risks and meet PCI standards. They integrate AI-powered fraud prevention from their partner, Kount, ensuring that every transaction is carefully analyzed.
With Sertifi, you can collect secure payment details from any device, catch suspicious behavior early, and maintain full records with seamless system integration.
How They Do It:
- Digital Forms: Accessible on any device, built for compliance.
- Risk Analysis: AI-driven tools assess transactions using hundreds of data points.
- Seamless Integration: Works with systems like Oracle for record-keeping.
4. Stripe
Stripe offers a powerful platform that not only automates credit card pre authorization but also optimizes the whole process with smart, machine learning techniques. Perfect for recurring invoices and one-time payments alike, Stripe ensures your transactions are smooth and secure.
With features that update saved card details automatically, Stripe keeps your payment processes efficient and hassle-free, letting you concentrate on growing your business.
How They Do It
- Automatic Authorization: Generate, approve, or decline requests instantly.
- Incremental Authorizations: Configure payments for future use.
- Adaptive Acceptance: Machine learning optimizes authorizations.
- Card Updater: Automatically refreshes saved card information.
Each of these companies offers a unique solution to help you manage payments securely and efficiently while reducing fraud and chargebacks. Enjoy exploring these innovative tools to see which best fits your business needs!
5. ConfermaPay
ConfermaPay streamlines your business spending by offering secure, virtual payment technology. It’s built to simplify the process of managing payments, reducing administrative headaches while ensuring security throughout every transaction.
With a focus on hotel credit card pre authorizations, ConfermaPay lets you manage company spending effortlessly. This way, you can focus on running your business without the stress of traditional payment methods.
How They Do It:
- Virtual Cards: Replace physical cards with secure digital ones.
- Simplified Processes: Fewer steps mean smoother transactions.
- Efficient Integration: Easily connects to your existing payment systems for a seamless experience.
6. Mews
Mews is a hotel management solution that automates preauthorization of credit card payments through its booking engine. It takes the hassle out of payment processing, making it easier for you to handle reservations securely.
By automatically preauthorizing charges and later releasing them, Mews keeps your cash flow smooth and minimizes manual intervention. This efficient system lets you focus more on guest experience rather than juggling payment details.
How They Do It
- Rate Group Setup: Configure groups with preauthorization enabled.
- Automatic Preauthorization: Payment details are secured instantly.
- Manual Capture & Release: Staff finalize the payment while Mews automatically releases preauthorized amounts after checkout.
7. GraspPay
GraspPay is a virtual card management solution that simplifies how hotels and businesses handle payments. Designed to integrate with any booking tool or Global Distribution System, it fits naturally into your existing workflow without the hassle of setup fees or transaction costs.
GraspPay provides a modern way to manage virtual payments securely, making credit card pre authorization easier.
How They Do It:
- Universal Compatibility: Works with all major booking tools and systems.
- Cost-Free Setup: No fees or hidden costs to get started.
- User-Friendly: Designed for a seamless, traditional workflow experience.
Make Check-Ins Hassle Free with itilite!
With itilite credit card pre-authorization feature, you can bid farewell to check-in hassles. By utilizing one-time virtual cards linked directly to your reservations, itilite ensures that your payment details are securely shared with the hotel and reconfirmed before your arrival.
This proactive approach eliminates the risk of check-in denials. This will allow you to focus on your business objectives without unnecessary interruptions.
Embrace a secure and fast hotel check-in process with itilite.
Book a demo today!