How Otelz Tripled ‘Pay Now’ Uptake with Nium Virtual Cards.

The Challenge

Since it was founded in 2014, Otelz has rapidly established itself as one of Turkey’s leading OTAs. Facing stiff competition from both local and international players with more established infrastructure, Otelz needed a faster, more flexible way to manage payments to its hotel partners and maintain growth.

Traditional bank transfers, the standard industry approach, were too slow and impeded the business’ ability to scale and efficiently handle increasing transaction volumes.

The company needed a more robust and scalable solution which could support its rapid growth, whilst helping to solidify its position as a leader in the region’s travel market.

The Solution

After evaluating several options, Otelz selected Nium’s virtual card solution to increase payment volumes, enhance efficiency, and offer more choice and flexibility to its suppliers.

We helped Otelz to expand and enhance its virtual card offering with both Visa and Mastercard, enabling Otelz to access a wider range of interchange levels and drive better payment acceptance rates among its merchants.

Nium also introduced new virtual card features to Otelz like the ability to set specific transaction limits, access real-time payment tracking, and create automated accounting reports to enhance payment visibility and control.