Reconciliation in travel: Connecting Payment Dots

Payment reconciliation may seem complex, but it's a vital process that ensures everything runs smoothly. For travel companies, where payments move between agencies, airlines, and hotels, getting reconciliation right is essential. So, how can you ensure it’s done properly? Let’s dive into the details.

The video contains:
00:00 Intro
00:35 Reconciliation in travel: Connecting Payment Dots
01:14 What reconciliation in travel involves
02:35 Matching pay-ins
06:53 Matching payouts
09:14 Managing commissions
12:02 How to improve reconciliation
12:27 Align frontend and backend
13:38 Use a unique reference number
14:40 Use good data and trusted partners

Watch our other videos about payments in the travel industry:
Fighting Payment Fraud in Air Travel    • Fighting Payment Fraud in Air Travel  
Unlocking Local Payment Methods for Travel
   • Unlocking Local Payment Methods for Travel  
The Rise of Buy Now, Pay Later in Travel
   • The Rise of Buy Now, Pay Later in Travel  

Sources:
[1] https://stripe.com/en-bg/resources/mo...
[2] https://www.modulrfinance.com/blog-in...
[3] https://www.cnbc.com/2025/04/23/using...
[4] https://www.phocuswire.com/paypal-buy...
[5] https://www.forbes.com/councils/forbe...

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