
Cloudbeds is a cloud-based payment processing system that streamlines transactions and enhances security for the hospitality industry.
Vendor
Cloudbeds
Company Website
Cloudbeds is a cloud-based payment processing system designed to streamline transactions, enhance security, and reduce manual entry errors for the hospitality industry. It integrates seamlessly with property management systems to centralize financial operations.
Key Features
Integrated Payment Processing Automates transactions and reduces manual entry errors.
- Collects reservation and guest credit card information together.
- Accepts payments from booking engines, OTAs, front desk POS terminals, and payment links.
Centralized Financial Operations Eliminates errors from manual entry and reporting transactions.
- All guest card data and payment information flow directly to the reservation in the PMS.
- Quick reconciliation and reporting.
Automated Transactions Processes credit card transactions instantly.
- Collects deposits or pre-payments according to rate rules.
- Pre-authorizes credit cards to validate and hold funds for future payments.
Fraud Detection and Security Reduces exposure to fraud and enhances security.
- Alerts potential fraudulent activities and high-risk credit cards.
- PCI DSS Level 1 security-certified, PSD2 and SCA compliant, supports 3D Secure authentication.
Benefits
Operational Efficiency Streamlines payment processing and reduces manual tasks.
- Saves time.
- Improves accuracy.
Enhanced Security Reduces exposure to fraud and ensures secure transactions.
- Protects sensitive data.
- Reduces liability.
Cost Reduction Eliminates the need to track and report transactions across multiple platforms.
- Reduces employee hours.
- Cuts costs.