Financial infrastructure
for global travel

Safer. Cheaper. Faster. Always on.
Request a ConsultationDownload Overview
Unlock Liquidity
Reduce Costs
Release Capital
The world’s first financial operating system purpose-built for the global travel industry.
STRUCTURAL INEFFICIENCIES

Settlement in Travel Distribution

Travel distribution involves multiple actors exchanging bookings, funds, and data across complex networks. Settlement and payments are typically handled separately from operational workflows, creating friction, risk exposure, and unnecessary cost at every layer of the supply chain.
Counterparty Risk Exposure
Operational Complexity
Cost Leakage

Counterparty Risk Exposure

No unified risk position
Without a centralised view of collateral obligations, assessing total counterparty exposure is manual and error-prone.
Delayed settlement increases exposure windows
Extended settlement cycles (T+7 to T+90) leave capital at risk for longer than necessary.

Operational Complexity

Manual reconciliation across counterparties
Finance teams spend significant hours matching invoices to bookings, resolving discrepancies, and managing exceptions across multiple supplier relationships.
Disconnected payment and booking systems
Settlement processes run independently of operational workflows, requiring manual coordination between finance, operations, and supplier management.
Exception handling at scale
As transaction volume grows, the rate of unmatched invoices, partial payments, and disputed amounts compounds operational burden.

Cost Leakage

Wire transfer fees of $25-50 per transaction
Traditional banking infrastructure imposes significant per-transaction costs that scale linearly with payment volume.
FX spreads of 50-100 bps on cross-border flows
Foreign exchange markups on international settlements represent a persistent drag on margins across the supply chain.
Correspondent banking fees and intermediary charges
Multi-hop payment corridors introduce additional fees at each stage, often without full transparency to the payer.
The global hotel distribution market processes over $2.3T in annual GMV. An estimated $150bn remains held in bilateral deposits across the supply chain, generating limited or no return for the capital provider.
THE PLATFORM

A Coordinated Settlement Layer for Travel Payments

Expereon introduces a unified settlement platform purpose-built for the travel industry supply chain. Rather than replacing existing systems, the platform operates as an orchestration layer aligning operational and financial workflows to reduce risk, lower costs, and simplify multi-party settlement.

Core Capabilities

01
Programmatic Settlement
Rule-based payment execution
Settlements are triggered automatically based on configurable approval policies, payment terms, and counterparty rules.
Automated invoicing
Bookings submitted via API generate corresponding invoices without manual intervention.
02
Automated Reconciliation
Booking-linked ledger
Every payment maps to its source booking, providing full traceability from reservation through settlement.
Automated matching
Invoices are reconciled against bookings with 99%+ accuracy, flagging exceptions with structured reason codes.
Reduced dispute rate
Fewer mismatches and faster exception resolution reduce operational overhead by 60-80%.
03
Unified Collateral Management
Single collateral pool
Replace per-supplier deposit requirements with a centralised pool, improving capital efficiency and simplifying treasury management.
Dynamic allocation
Collateral is allocated and reserved at the invoice level, providing granular visibility into utilisation.
Yield generation
Idle collateral earns returns while maintaining its function as a payment guarantee. Yield programmes are available as a supplementary feature.
04
Lightweight Integration
RESTful API
A documented, well-structured API enables booking submission, invoice retrieval, and settlement status queries.
CSV and batch upload
For organisations not yet API-ready, bulk file upload is supported from day one.
Webhook notifications
Real-time event-driven notifications for invoice creation, approval, settlement, and exceptions.

How Payments Change

Current State

100 OTAs x 100 Suppliers = 10,000 individual payments
Supplier invoices, manual reconciliation, error correction
Multiple FX conversions, multiple wire transfers

With Expereon

Automated per-invoice settlement.
Automated invoicing and reconciliation
Optimised FX corridors, programmatic settlement
Quantified Impact

Measurable Reduction in Risk, Cost, and Complexity

The platform generates measurable financial and operational impact across the supply chain. The figures below are derived from industry benchmarks and pilot programme modelling.
Minutes

Settlement Time (vs. T+7-14 standard)

Approved invoices settle within minutes, reducing counterparty exposure windows from weeks to near-real-time.
90%+

Reduction in Transaction Cost

Per-transaction costs reduce from $25-100 (wire transfer) to $1-5 per settlement event.
20-40 bps

FX saved per corridor

Every cross-border payment is routed across corridors for the best available rate, turning invisible FX drag into a measurable, managed cost.
60-80%

Reduction in Reconciliation Effort

Automated matching and exception handling reduce back-office processing time significantly.
Illustrative ranges from real-world deployments.
$9–15M
per $1bn GMV

Net Financial Impact

Combined value of reduced transaction costs, FX savings, operational efficiency, and lower insurance/bridging requirements across the supply chain.

Impact by Participant

Participant
Impact Areas
Estimated Value per $1bn GMV
OTA
Deposit yield, FX corridor savings, automated reconciliation
+$5-10M annually
Bedbank
Reduced credit insurance, lower bridging costs, streamlined collections
+$4-5M annually
Total ecosystem value:
$9–15M per $1bn GMV
The Architecture

One layer at the centre of travel’s money movement.

Travel companies

OTAs
Demand
Bedbanks
INTERMEDIARY
Hotel groups
SUPPLY
Airlines
Supply

Expereon financial operating layer

One programmable layer that settles, finances & optimises every payment

Settlement
Treasury
FX
Virtual cards
Working capital

Rails & counterparties

Banks
Stablecoin rails
Suppliers
FX corridors
Custody
VALUE FLOW
OPERATED BY EXPEREON
NEUTRAL · NEVER COMPETES WITH ITS CUSTOMERS
Financial Impact Assessment

Estimate Your Operational Savings

Use the parameters below to model the financial impact of the platform based on your current settlement volume and operational profile.

Calculator

$500M
$50M

Value of all bilateral deposits.

100

Estimated Annual Savings

$5.6M
Freed Collateral Capital +$4.0M
Banking Cost Savings +$1.1M
Operational Efficiency +$0.50M
Get Your Custom Report
The $5,000/supplier back-office cost assumption is based on an Entravel case study.
Platform Comparison

Settlement Infrastructure:
Legacy vs. Programmatic

A comparison of settlement capabilities between traditional banking infrastructure and the Expereon platform.
Capability
Expereon Platform
Traditional Banking
Settlement Speed
Minutes from approval
T+7 to T+90 depending on corridor
Per-Transaction Cost
$1-5
$25-100 (wire + correspondent fees)
Collateral Structure
Unified pool with dynamic allocation
Per-supplier bilateral deposits
Reconciliation
Automated, booking-linked
Manual, spreadsheet-based
FX Execution
Smart corridor routing, 20-40 bps improvement
Bank-quoted rates, limited transparency
Working Capital

Financing built on live booking data

Seeing every booking and settlement as it happens, Expereon can extend credit against real cash flows, turning confirmed demand into liquidity, at a lower cost of financing.

FACILITY 01

Factoring

Sell settled receivables for immediate cash, priced on live performance.

FACILITY 02

Receivables financing

Advance against confirmed bookings before the settlement date arrives.

FACILITY 03

Supplier financing

Pay suppliers early on demand, while buyers keep their standard terms.

FACILITY 04

Revolving credit

Draw and repay flexibly against a live, data-backed credit line.
The goal is to unlock liquidity and reduce financing costs across the travel supply chain, not simply to lower the cost of moving money.
Reach

Virtual cards: one rail within the platform

Virtual cards sit alongside settlement and bank rails, extending the same control to the card-accepting world, issued against a booking and reconciled back to it like every other Expereon payment.

MODE 01 · AUTOMATIC

Auto-issued at booking

A single-use card is generated automatically, scoped to the exact amount, supplier, and date.

MODE 02 · MANUAL

On-demand in seconds

Finance issues a card for any ad-hoc payment, with preset limits, expiry, and spend controls.

EVERY CARD

Reconciled to the booking

Scoped, single-use, matched at source, with no card-on-file risk and no manual matching.

Single-use

SCOPED PER BOOKING & SUPPLIER

Instant

AUTOMATIC OR MANUAL ISSUANCE

Single-use

ON OFF-NETWORK CARD PAYMENTS

Intelligence

Business intelligence, built in

Every settlement feeds a live dashboard, so finance sees the whole book, not just today's payments.

01

Widgets

KPI cards for 24h bookings, payment volume, and collateral delta.

02

Charts

Collateral utilisation over time with prior-period overlay, 7d to 1y.

03

Feed

Chronological activity: invoice, payment, funding, and seller events.

04

Analytics

Payment, treasury, and reconciliation match rates with drill-down.

05

Factoring

Programmatic factoring: live advance rates, funded receivables, and repayment tracking.

06

Export

Widgets to CSV, full dashboard to PDF, and monthly statements.
Financial Impact Assessment

Estimate Your Operational Savings

Use the parameters below to model the financial impact of the platform based on your current settlement volume and operational profile.

Explore Whether Expereon Fits Your Settlement Requirements

We work with OTAs, bedbanks, and travel intermediaries managing multi-party settlement across the hotel supply chain. If you are evaluating alternatives to your current payment infrastructure, we welcome the opportunity to discuss your requirements.
Request a Consultation
30-minute introductory call to review your current settlement workflow and assess platform fit.
Download Overview
A concise summary of platform capabilities, integration options, and financial impact modelling in PDF format.

Learn more

Share your details and our team will contact you.

You’re all set!

Thanks for your interest in Ratestellar. Our team has received your details and will be in touch shortly to show you how Ratestellar can work for your business.
Close
Oops! Something went wrong while submitting the form.