Product iOL Pay
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iOL Pay

By iOL
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The leading fintech solution for hospitality

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Faisal Memon
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Overview

Launch year

2021

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Compatible integrations

4

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Last Updated

30 May 2025

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Description

The cutting-edge fintech and payments platform designed exclusively for the hospitality industry. Simplify guest experience with a choice of local payment methods and experience complete automation with secure, efficient, and hassle-free payments across the globe. 


With iOL Pay, guests can pay in over 150 local currencies which also saves them on exorbitant forex fees. They can also use all the global card schemes including Apple Pay, Google Pay, WeChat Pay and over 25 other local payment methods.

Details

Infrastructure detailsCloud, Multi-Property, Add-on to a res system
Support languagesENAR
CategoryFinance and payments
SubcategoryVirtual Card and Billing Platforms
Integrations

iOL Pay requires customisation with hotel's CRS and/or PMS. iOL Pay has already established connectivity with most leading CRS and PMS providers.

IndustryHospitality,Travel
This solution is suitable for:Enterprise hotel chains, Medium and small hotel groups, Independent hotels, Resort properties, Airport hotels, Hostels and budget accommodations, Hospitality management companies, Asset management companies

Screenshots, videos and other resources

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    Product features

    Payment Methods

    AliPay
    American Express
    Apple Pay
    Cartes Bancaires
    Chase
    Credit Card Payments
    Diners Club
    Discover
    Giropay
    GlobalPayments
    Google Pay
    Klarna Installment Plans
    Mastercard
    Multi-Currency Support
    MultiBanco
    Online Payments
    Pay by Link
    Paypal
    PayU
    PCI-DDS Compliant Payments
    Pre-Authorizations
    Stripe
    TSYS
    Union Pay
    Vantiv
    Visa
    WeChatPay
    JCB

    Payment processes

    Payment reconciliation and invoice management
    Payment record matching with alternative systems
    Check credit card validity
    Processing cancellations fees
    Processes virtual credit cards
    Send a payment link from PMS

    Support Level

    Local / Regional Support in Middle East and Africa
    Office Hours Online Support
    Dedicated Account manager and Implementation Manager
    Dedicated customer success manager
    Dedicated onboarding specialist

    Integrations

    Filter:

    Clear filter
    product-image

    OPERA Cloud Property Management (PMS)

    verifiedVendor verified
    Vendor: Oracle HospitalityCategory: Hospitality operationsSubcategory: Property Management System (PMS)
    product-image

    Cendyn CRS

    verifiedVendor verified
    Vendor: CendynCategory: Commercial and distributionSubcategory: Central Reservation System (CRS)
    product-image

    OPERA 5 Property Management (PMS)

    verifiedVendor verified
    Vendor: Oracle HospitalityCategory: Hospitality operationsSubcategory: Property Management System (PMS)
    product-image

    OPERA 5 Property Management (PMS)

    verifiedVendor verified
    Vendor: Oracle HospitalityCategory: Hospitality operationsSubcategory: Property Management System (PMS)

    Technical specifications

    Specifications


    Configurations

    Configuration and implementation of iOL Pay is usually complete within 2-4 weeks. Further time may be required for more extensive customisation.

    Scalability

    iOL Pay is readily scalable across all properties within a portfolio or group. Payments can be collected on your brand website and channeled to the correct hotel entity with ease. iOL Pay also makes it very simple to get new properties up and running with a payment gateway.

    Fee structure

    Monthly Flat Fee
    Pricing:

    Monthly maintenance fee + transactions

    Buyers

    FAQs

    What are the main benefits of iOL Pay for hospitality providers?

    What are the main benefits of iOL Pay for guests.

    Is iOL Pay only for the hospitality industry?

    How do I get set-up with iOL Pay?