Cloudbeds: the first of its kind hospitality management software platform, has today announced the expansion of its integrated payments solution into Thailand – becoming one of the only hospitality platforms in the country to offer fully embedded, end-to-end payments for hoteliers.
CB Pay Thailand, which was launched in Thailand, brings a secure, localized and seamless payment experience to the Cloudbeds Platform. Hoteliers can now automate property onboarding, manage ledgers, settle payments in local currency, and eliminate the need to manually handle credit card data – freeing up staff time and improving the guest experience.
Adam Harris, CEO of Cloudbeds and co-founder, said: “Today, we have removed the last barrier that stood between Thai hotels and world class payment solutions. With CB Pay Thailand hoteliers handle everything from collection to reconciliation through a centralized, automated, and secure platform that’s built specifically for hospitality – giving them more time to focus on the guest. This fully compliant workflow is expected to be rolled out worldwide in the future for all markets slowed by local, complex payment environments.““
The new solution empowers Thai properties to receive OTA payments, accept both local and international credit cards, and offer pay-by-link options – all within a single, unified interface. Due to embedded payments that are directly linked to reservations and folios of guests, properties can automate the payment collection process based on the reservation source. They can also securely store and charge credit cards without having sensitive data.
Cloudbeds has partnered with dLocal to enable fast and reliable settlements of Thai Baht. The collaboration, which automates fund distribution, optimizes cash flows, simplifies financial administration, and strengthens financial stability for hotels in Thailand.
Cloudbeds is committed to providing integrated financial tools in its platform that reduce complexity. improve operational efficiency for hoteliers worldwide.
