Agilysys and Planet Payment® Launch Integrated Payment Solution Including Support for Pay in Your Currency™ Service at The Venetian® Macao

  • Agilysys (PMS and other solutions)
  • 12.12.07
Agilysys, Inc., a leading provider of innovative IT solutions, including specifically designed hospitality industry solutions, and Planet Payment, a leading international multicurrency payment and data processor, announced the launch of a solution for integrated payment systems for the lodging, restaurant and retail sectors.

The first client to utilize the joint integrated payment solution is The Venetian® Macao Resort-Hotel, one the largest hotels in Asia, which is also offering Planet Payment's Pay in Your CurrencyTM service, providing hotel guests and customers using foreign-issued MasterCard® and Visa® cards the convenience of paying in their home currency.

Agilysys has established itself as one of the world's leading providers of highly scalable and robust integrated property management systems to the hospitality and gaming sectors.  The Lodging Management System® (LMS) property management solution by Agilysys, currently in use at some of world's largest resorts and casinos, is designed to manage and automate every aspect of a hotel's operations - from advance reservations to credit card processing to accounting to management reporting.  The LMS property management solution platform is highly flexible, allowing properties to seamlessly add additional modules to suit a property's specific business needs, including event management, remote checkin and food and beverage. 

Planet Payment recently announced an initiative to expand its support for integrated payment solutions to Asia Pacific where, historically, merchants processed credit card transactions through credit card terminals that run completely independent of merchant's business management solutions, such as property management systems.  Through this initiative, point-of-sale technology providers can route credit card transactions to a Planet Payment transaction switch, which delivers the transactions to the appropriate acquiring bank or processor for further processing.  This simplifies the delivery of integrated support by eliminating the need for technology providers to certify to multiple acquiring banks.

Agilysys was selected as the property management system for The Venetian Macao, one the largest hotels in Asia. One of the core requirements for The Venetian Macao project was integrated payment support, which would allow the property to process credit card transactions received from the diverse range of point-of-sale devices and environments, including the hotel front desk, food and beverage and retail outlets, advance reservations Web site and call center and event ticket sales, through the LMS property management system
by Agilysys. 
Through the solution, Agilysys and Planet Payment have delivered integrated payment support for The Venetian Macao, allowing the property to streamline and increase the efficiency of its operation by processing its Visa, MasterCard and JCB credit card transactions through the LMS property management system by Agilysys.  In addition to integrated payment functionality, the joint solution in use at The Venetian Macao includes support of Planet Payment's Pay in Your Currency service, which provides guests and customers of The Venetian Macao who use MasterCard or Visa cards with the convenience of paying for their stay in their
home currency.

Tina Stehle, senior vice president and general manager of Agilysys Hospitality Solutions, said, "We believe that Agilysys and Planet Payment have developed a truly unique solution for the rapidly growing hospitality and gaming sector in Macao.  As more of our U.S.-based customers like The Venetian look to Asia Pacific as a core component of their growth strategy, Agilysys, through this collaboration with Planet Payment, is well positioned to fill the market with property management solutions that create efficiency through integrated payment support.  In addition, our support of Planet Payment's Pay in Your Currency is a powerful product enhancement that provides our customers - located anywhere in the world - with a powerful marketing and sales tool to improve sales and profitability."

Commenting on the launch of the integrated payment solution, Philip Beck, chief executive officer of Planet Payment, said, "Planet Payment is delighted to be working with Agilysys to provide integrated payment solutions and our Pay in Your Currency service to The Venetian Macao.  The initiative is another example of our approach to the market - rather than pursing a static, one solution approach, we are dedicated to working with our partners to develop leading-edge processing solutions that help merchants process transactions more efficiently and meet the merchant's specific business needs."

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