Updates

What’s New at Kovena – Virtual Credit Card (VCC) Storage

Starting today, Kovena’s accommodations partners will now be able to store Virtual Credit Cards (VCCs) whether they are locked or unlocked.

You might ask, what is the difference between a locked and unlocked Virtual Credit Card? An unlocked VCC allows hoteliers to charge the card at that present time and will securely appear within a PMS Dashboard from OTAs upon when a booking is initiated. Whereas a locked VCC does not allow the hotelier to charge the card until the guest has successfully checked out, nor does it allow the hotelier to store the card within their Property Management system (PMS).

Before, Kovena’s accommodation partners were only able to store VCCs that were unlocked (typically from Booking.com). Whereas when the cards were locked, Kovena was unable to store these cards within the embedded Kovena system when partnering with our PMS’s.

Samuel Rutledge

Share
Published by
Samuel Rutledge

Recent Posts

Embedded Payments: The Future of Online Transactions

Embedded payments have become an increasingly popular payment processing option for businesses in Australia and…

2 years ago

The Advantages of Embedded Payments for Businesses

Embedded payments are becoming increasingly popular in the business world. It is a payment method…

2 years ago

All About Embedded Payments: What to Know About the New Standard Payment System

The world of payment systems is rapidly evolving, and embedded payments are at the forefront…

2 years ago

5 Ways Embedded Payments Can Boost Your Hotel Business

Processing payments online have come a long way from the early days of the internet.…

2 years ago

How Do Hotel Payment Solutions Boost Operational Efficiency?

Making payments is a critical part of the hotel experience. Hotels need reliable payment solutions…

2 years ago

Why Must Businesses Consider Using Embedded Payment Systems?

An embedded payment system is a payment processing solution integrated into a web-based application or…

2 years ago