PaySelect launches game-changing platform to help UAE hotels slash hidden payment costs

UAE – PaySelect, an innovative payments comparison platform, has launched to help hotels and restaurants optimize how they collect international payments, manage cross-border fees, and navigate foreign exchange, without disrupting existing commercial relationships.

The Hidden Drain on Hospitality Profits

While hoteliers obsess over occupancy and room rates, money quietly leaks out through inefficient payment structures.

International collections from tour operators and global partners often rely on traditional bank transfers with intermediary banks, retail FX spreads, and multi-day settlement cycles, restricting liquidity and creating operational friction during peak seasons when cash flow matters most.

Rethinking International Collections

Through PaySelect’s network of regulated partners, hospitality businesses can collect international payments via local accounts in key source markets like Europe, the UK, and the US.

Overseas partners transact domestically, while funds consolidate and settle in the UAE within one business day.

The result: improved cash flow visibility, reduced hidden charges, and better financial planning across properties.

This aligns with Dubai’s ambitious Cashless Strategy, which aims for 90% of transactions to be digital by 2026.

Franchise Fees Get Smarter

PaySelect also tackles outbound payments like franchise fees to international chains. By comparing corridor-specific pricing and routing options, owners gain transparency and cost control.

For multi-property operators, even small FX improvements translate into significant portfolio-wide savings that directly boost bottom-line profitability.

Restaurants Benefit Too

Restaurants face complex needs, POS systems, reservations, deposits, events, and international guest payments.

Founder and CEO Sissel Nielsen puts it simply: “Restaurants today require flexible payment ecosystems, not just terminals.

We ensure operators select infrastructure that supports reservations, deposits, events, and international guests, allowing payments to enhance the guest journey rather than complicate it.”

Independent Advice, Not Product Push

Unlike single-provider sales teams, PaySelect works with more than 20 payment providers across the GCC and MENA, giving hospitality groups objective benchmarking and faster implementation.

This market-wide visibility enables smarter decisions without vendor lock-in.

By helping operators benchmark fees across multiple acquirers, PaySelect ensures businesses aren’t leaving money on the table.

“Our ambition is to remove friction from hospitality payments at every stage,” said Nielsen.

As hospitality businesses expand internationally, payment optimization is becoming strategic, and PaySelect is positioning itself as the essential guide through that complex landscape.

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