{"id":5981,"date":"2025-07-07T10:45:18","date_gmt":"2025-07-07T10:45:18","guid":{"rendered":"https:\/\/buvei.com\/blog\/?p=5981"},"modified":"2025-07-07T10:52:28","modified_gmt":"2025-07-07T10:52:28","slug":"katanox-uk-psd2-buvei-virtual-cards","status":"publish","type":"post","link":"https:\/\/buvei.com\/blog\/katanox-uk-psd2-buvei-virtual-cards\/","title":{"rendered":"Katanox Secures UK PSD2 License, Reshaping Hotel Payments"},"content":{"rendered":"
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As financial compliance and payment efficiency become critical levers for enterprise growth, Katanox<\/strong> has joined the latest cohort of companies authorized under the UK's PSD2 regime by the Financial Conduct Authority (FCA). Its direct bank payment model is tailored for the hospitality sector, introducing a new level of trust for automated settlement at check-in.<\/div>\n
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Why Katanox\u2019s UK PSD2 Approval Matters<\/h3>\n
\u2705 Regulatory Authorization<\/strong> \u2013 PSD2 licensing allows Katanox to legally connect to consumer bank accounts and initiate payments.<\/div>\n
\ud83d\udd04 Direct Settlement Capability<\/strong> \u2013 Upon check-in, hotels can collect payments directly from a guest\u2019s bank account\u2014no credit card required.<\/div>\n
\ud83d\udecf\ufe0f Reduced Payment Failure and Chargebacks<\/strong> \u2013 Direct debits boast high success rates and simplify reconciliation, offering stronger reliability for hotel operators.<\/div>\n
According to industry data, traditional virtual cards used at check-in can fail 20\u201330% of the time. On top of that, manual reconciliation often takes 30+ hours per week. Katanox addresses these inefficiencies with a compliant, automated payment model built for modern hotels.<\/div>\n
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Virtual Cards vs Direct Bank Payments: A Full Picture for Hospitality<\/h3>\n
While direct bank payments significantly improve check-in transactions, they still fall short in areas like global reach and programmable compliance.<\/div>\n
\n\n\n\n\n<\/colgroup>\n\n\n\n\n\n\n\n
Category<\/td>\nKatanox Bank Pay<\/td>\n\u00a0Virtual Cards<\/td>\n<\/tr>\n
Check-in Payments<\/td>\nHigh success rate, no card info shared<\/td>\nSupports fallback card use if needed<\/td>\n<\/tr>\n
Geographic Coverage<\/td>\nLimited to FBO \/ IBAN countries<\/td>\nGlobal reach via multi-currency & USDT top-ups<\/td>\n<\/tr>\n
Compliance<\/td>\nStrong PSD2 compliance<\/td>\nPCI-DSS <\/a>& AML ready, business risk controls<\/td>\n<\/tr>\n
Risk Control<\/td>\nManaged at bank level<\/td>\nReal-time limits, merchant locks, auto freeze<\/td>\n<\/tr>\n
Use Cases<\/td>\nIdeal for lodging transactions<\/td>\nSuitable for travel, SaaS<\/a>, marketing, procurement<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n
Buvei\u2019s virtual card infrastructure empowers hospitality teams across platforms\u2014from OTA bookings and emergency payments to departmental spend control. Each card can be tailored to fit specific team or vendor needs.<\/div>\n
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Why Buvei Is the Smart Alternative<\/h3>\n