TerraPay and XanderPay Revolutionize Hotel Payment Infrastructure in Los Angeles and Across the U.S.
Los Angeles, California — In a major stride towards hospitality digitalization, global payments leader TerraPay has partnered with hotel payment specialist XanderPay to launch a groundbreaking digital hotel payment solution in Los Angeles, a key U.S. tourism hub. The initiative aims to address long-standing financial inefficiencies in the hotel sector, simplifying cross-border transactions and modernizing how hotels handle international payments.
Unveiled during a strategic rollout event in Los Angeles, this innovative solution provides a single-interface platform that enables hotel brands and independent property owners to streamline guest payments, booking settlements, and supplier transactions. It marks a significant shift away from costly legacy systems like SWIFT and aligns with the U.S. and California’s broader push for digital transformation across travel and tourism sectors.
Addressing Legacy Challenges with Seamless Payment Tech
For decades, hotels—especially those in key tourism states like California—have grappled with high international banking fees, slow transaction times, and fragmented payment systems. These challenges have burdened property owners, operators, and franchisees, limiting their ability to manage cash flow efficiently.
TerraPay and XanderPay’s joint platform offers a direct solution. By supporting a variety of digital payment modes, the system removes the need for multiple financial intermediaries. This reduces costs and enhances transaction transparency, offering hoteliers better visibility into their financial operations—whether managing guest payments or reconciling third-party booking platform transactions.
A Timely Launch Amid Hospitality’s Digital Shift
The solution’s launch coincides with an accelerated digital shift in U.S. hospitality, especially in Los Angeles, where hotels are increasingly integrating tech to meet guest expectations and boost operational efficiency. As California’s tourism economy rebounds post-pandemic, digital tools that enhance the guest journey while simplifying backend processes are in high demand.
According to data from the Visit California 2024 Economic Impact Report, tourism generated over $150 billion in spending statewide, with hotel stays representing a significant share. Efficient financial infrastructure, such as that offered by TerraPay and XanderPay, ensures that this revenue flows smoothly through the economy, with fewer bottlenecks and reduced administrative burden on operators.
Cutting Fees, Speeding Transactions
The new hotel payment system replaces traditional high-cost infrastructure with a real-time, low-cost digital alternative. Unlike SWIFT-based systems that can take days to clear international transactions and incur hefty fees, the TerraPay-XanderPay solution enables near-instantaneous settlement, often at a fraction of the cost.
“This is a tailored solution for hoteliers who want faster, smarter, and more affordable financial processing,” said a joint spokesperson from the two companies. “Los Angeles and other high-tourism destinations can now boost operational efficiency and reinvest in improving the guest experience.”
Empowering Hoteliers with Financial Flexibility
The platform is designed to offer financial flexibility to property owners, allowing them to choose preferred settlement methods, monitor transaction history, and manage various currencies—all from a single dashboard. This is especially valuable in a diverse market like Los Angeles, where hotels regularly transact with international tour operators and global guests.
By easing the financial operations burden, hoteliers can redirect efforts toward enhancing the guest experience, optimizing service delivery, and investing in sustainability—key pillars of the modern travel industry.
Aligning with Government Priorities
The move is also in line with the U.S. federal government’s economic recovery and digital innovation goals. Agencies such as the U.S. Department of Commerce and California Office of Tourism have emphasized the importance of digital transformation in the hospitality industry, not only to future-proof operations but also to bolster resilience in the face of economic disruptions and global uncertainties.
TerraPay and XanderPay’s payment solution directly supports these initiatives, offering the kind of infrastructure that enables sustainable growth, improved service delivery, and enhanced global competitiveness for American hospitality businesses.
Boosting Economic Resilience and Tourism Recovery
The hospitality industry remains a cornerstone of California’s economy, employing over 1.1 million people and welcoming tens of millions of domestic and international tourists annually. By ensuring smoother financial operations for hotels, the TerraPay-XanderPay solution contributes to economic stability, tourism revenue retention, and international visitor spending.
Faster and more efficient financial settlements also translate to more agile business operations, which is essential for hotels adjusting to evolving traveler preferences—such as contactless check-in, instant payment options, and multi-currency flexibility.
A Model for Global Expansion
While Los Angeles serves as the launchpad for this transformative payment model, both companies envision a nationwide and global rollout. The solution’s scalability means it can be adopted by hotel groups and independent properties across the U.S., particularly in high-traffic states like New York, Florida, Nevada, and Hawaii, where tourism forms a vital economic engine.
As more destinations embrace digitized infrastructure, TerraPay and XanderPay aim to become integral partners in helping hospitality businesses stay ahead of the curve.
Conclusion
The launch of TerraPay and XanderPay’s all-in-one digital hotel payment platform is a bold step toward modernizing hospitality finance in the U.S.. Beginning in Los Angeles, this strategic initiative not only enhances operational efficiency but also aligns with broader government goals around digitalization and economic growth.
As the U.S. hospitality industry continues to recover and evolve post-pandemic, solutions like this one are poised to redefine hotel financial management—not just for property owners and operators, but for guests who increasingly expect seamless digital experiences.
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