Voxel Group has teamed up with foreign exchange company Kantox to improve B2B payment ecosystem in the travel industry.

Kantox now joins Voxel’s baVel platform as the first company offering FX risk management services.

Go deeper with GlobalData

Premium Insights

The gold standard of business intelligence.

Find out more

The move will enable travel companies, which processes payments through the Voxel platform, to utilise Kantox’s currency management solutions.

Additionally, they can select the suitable payment method for every transaction through baVel, reducing associated costs as well as connecting with other payment providers.

Currently, the baVel platform hosts more than 12 companies offering payment-related services.

Voxel president Xavier Ginesta said: “This partnership with Kantox has strengthened our commitment to enhancing payment flows between businesses in the travel industry.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

“Our goal is to achieve a more efficient payment process for all parties, while offering the best payment providers to all baVel customers.”

Ginesta added that Kantox solutions will boost the profitability of travel companies, which usually operate with multiple foreign currencies.

Kantox co-founder and COO Antonio Rami said: “Kantox is pleased to partner with travel industry leaders, Voxel Group, to deliver a highly unique product that provides tangible benefits to companies in the travel sector.

“Thanks to the integration of our solutions, baVel clients can now automate the execution of their payments and FX risk management strategy in a more efficient way.”

Established in 1998, Voxel works to assist travel companies digitalise billing processes. It provides solutions in e-billing, e-payments as well as VAT management solutions.