PSFE - Paysafe integrates with HotelKey to streamline payments for US Hotels

• Paysafe ( NYSE: PSFE ) on Wednesday has entered a new integrated payments partnership with HotelKey.
• Cloud-based management system plugs into Paysafe’s integrated payments solution to enable frictionless payments for hotel properties across the U.S.
• Paysafe will support HotelKey’s mission to simplify hotel property management by establishing a centralized hub for payment processing to securely process in-person, card-present and card-not-present transactions across all designated sales channels.
• The integration will provide properties using HotelKey’s simple, cloud-based software applications with the enhanced ability to offer frictionless online credit and debit card payments to hotel guests for transactions at the front-desk, in bars and restaurants, and for onsite events and catering services.
• In addition to processing guest-related transactions, Paysafe will integrate with HotelKey’s back-of-house-focused app to streamline payments for recurring purchases that support day-to-day operational needs.

• Shares are up 0.71% after-hours.

For further details see: