Online Hotel Reservation Software with Payment Gateway. 

 




ResAvenue Introduce New Popular scheme






RESAVENUE PRICING FOR HOTELS LOCATED IN INDIA


Our pricing for the ResAvenue M.A.R.S. is based on the average rate of your room per night per property.

Indian Rupees
Room Rates Setup fees Monthly Charges
Up to INR 1,200 per night per property INR 10,000 INR 750
From INR 1201 to INR 4500 per night per property INR 15,000 INR 1000
Above INR 4500 per night per property INR 20,000 INR 1500

 

Room rates are based on standard room single or double occupancy (exclusive of service charges, taxes, gratuity if any).

Please note the above pricing is only for the ResAvenue M.A.R.S. and are exclusive of charges for the Payment Gateway, however the ResAvenue M.A.R.S. account must be purchased in tandem with the Payment Gateway which will be charged separately as under:

PAYMENT GATEWAY PRICING AND TYPES OF SCHEMES
We offer you a choice of two schemes. Depending on your business model, you may choose any one of the two scheme options:

Payment Gateway Pricing
Type of Scheme Set Up fees
[One time, non refundable]
TDR [Transaction Discount rate]
Premium Scheme INR. 25000 5%
Economy Scheme INR. 7500 7%

The above rates are for processing in INR only. The INR Gateway allows you to offer your customers the payment options listed below:

Payment Processing Options
Currency Payment Options
Transaction Processing Company
Indian Rupee Processing and Settlement Credit Cards:
MasterCard
VISA
American Express
Diners Club International
JCB Cards
Citibank eCard.
Avenues India Pvt. Ltd.,
Mumbai,
India
Direct Debits:
Citibank Bank Account Online
Citibank NRI Rupee Checking Account
Citibank Suvidha Online Account,
ICICI Bank.com
HDFC Direct Pay
UTI iConnect, IDBI i Netbanking
Global Trust iBank
Centurion Bank ePay
Federal Bank FedNet
Bank of Punjab eBanking.

To process in currencies other than INR click here:

We accept the following credit cards. Visa, Mastercard, Citibank eCard, American Express, Diners Club and JCB. If a ResAvenue™ sub merchant has signed up under our economy scheme, we will credit his designated US Dollar account with US Dollar 93 for every US Dollar 100 worth of transaction, done on a credit card by his customer. In case the sub merchant has signed up for our premium scheme, we will credit his designated account with US Dollar 95 for every US Dollar 100 worth of transaction.

To recieve your payments you need to "capture " your transaction from the accounting module. When a transaction is successful from the payment gateway, it is reflected in your account with ResAvenue™ in a pending mode. You, as the merchant, will have to log-in to your account on www.ResAvenue™ .com and mark the transaction as shipped / executed and enter the relevant data.

PAYMENT CYCLE:
You have 12 days from the receipt of the orders to execute and capture the order amounts. If your business model demands that you capture the amount in advance for future delivery i.e. a period beyond 12 days from receipt of the order, and your customer is explicitly agreeable to this, then you may do so before the 12th day. Orders not captured will not be reflected in your account after this.

Orders can be accessed by logging into your ResAvenue™ Account with the username and password registered on sign-up.

All orders shipped/executed until Monday midnight IST are processed for payment on the following Wednesday. Transactions are then paid-out by either of two methods as chosen by you on our Merchant Control Panel:

a) We will dispatch by First Class Registered Airmail, a US Dollar cheque (payable at Singapore) to your designated address within 48 hours of the settlement period. This option is available at a nominal delivery charge of US Dollar 1 per delivery. You will have to deposit this cheque for foreign inward collection with your bank. Credit in your local currency to your account may take upto 15 days or more. Please check with your bank for the exact period, procedure and their collection charges for the transfer

b) You may opt for the wire transfer of funds (at a charge of US Dollar 30 per transfer) to your designated bank account. If your account is designated in your local currency, the exchange rate applied to the transaction is fixed by your bank and we have no control over the same. A small administrative fee could also be levied by your banker. Please check with your bank for the exact time required to credit your account and their exact collection charges for this kind of transfer.

Minimum Balance Requirement:
On commencement of the account ResAvenue™ will retain the first US Dollar 50 as a minimum balance requirement for keeping your account in live mode, in the same way as a bank account operates. Subsequently all and any amount (less the Rolling Credit amount) as configured by you through the Merchant Control Panel over this will automatically get paid out.

Rolling Deposit:
A 5% Rolling Deposit of the final payment amount will be maintained by ResAvenue™ for 180 days.

Features :
Set Up fee is a one-time fee only.
Facility to upgrade from economy scheme to premium scheme by paying the difference in setup fees is available. No changes to be made at your end.
Both Schemes to have complete access to the online ResAveune™ Merchant Accounting and Reporting System (M.A.R.S.) benefits that comprises a central reporting facility on every transaction, including reports on sales, credits, voids Œ to support non-repudiation, balancing, portal settlement reporting, processor settlement reporting and other back office functions.
Visibility into transaction level information is protected by passwords.

____________________________________________________________

Processing and Settlement in Currencies Other than INR
If you wish to process in currencies other than INR you must sign up for an account with Avenues World Pte Ltd. at the pricing stated below:

Payment Gateway Pricing
Type of Scheme Set Up fees
[One time, non refundable]
TDR ( Optional Service) Annual Charges for own Merchant ID (Payable in advance on sign-up and renewable annually)
Premium Scheme USD 600 5% USD 150
Economy Scheme USD 200 7% USD 150

The above rates are for one processing currency only.

You may also opt for additional processing currencies and for each additional currency a charge of USD 100 will be applicable. You can select from the currencies stated below to offer your customers the payment options listed alongside each:

Payment Processing Options
Currency Payment Options Transaction Processing Company
USD Processing and Settlement Credit Cards:
MasterCard
VISA
American Express
Diners Club International
JCB Cards
Citibank eCard.
Avenues World Pte Ltd.,
Singapore.
EURO Processing and Settlement Credit Cards:
MasterCard
VISA
Citibank eCard.
Avenues World Pte Ltd.,
Singapore.
U.K. Pound Processing and Settlement Credit Cards:
MasterCard
VISA
Citibank eCard.
Avenues World Pte Ltd.,
Singapore.

All transactions normally appear as www.ResAvenue™ .com charge in your customer's credit card statement. You may wish to reinforce your website name and add recall value by choosing our special feature (at a recurring annual cost) which is the equivalent of having your own Merchant Account. This optional service for own Merchant ID is available for a small annual charge of USD 150 payable in advance on sign-up and renewable annually. This feature applies only for all Visa, MasterCard and JCB transactions. All American Express and Diners Club International transactions will continue to be reflected as www. ResAvenue™ .com/charge in your customer's credit card statements.

 


RESAVENUE PRICING FOR HOTELS LOCATED OUTSIDE OF INDIA

Our pricing for the ResAvenue M.A.R.S. is based on the average rate of your room per night per property.

US Dollars
Room Rates Setup fees Monthly Charges
Up to USD 50 per night per property USD 200 USD 15
From USD 51 to USD 150 per night per property USD 300 USD 20
Above USD 150 per night per property USD 400 USD 30

EURO
Room Rates Setup fees Monthly Charges
Up to EUR 46 per night per property EURO 185 EURO 14
From EUR 1201 to EUR 4500 per night per property EURO 275 EURO 18.5
Above EUR 4500 per night per property EURO 370 EURO 28

GBP
Room Rates Setup fees Monthly Charges
Up to GBP 50 per night per property GBP 128 GBP 9.6
From GBP 51 to GBP 150 per night per property GBP 192 GBP 13
Above GBP 150 per night per property GBP 255 GBP 19

Room rates are based on standard room single or double occupancy (exclusive of service charges, taxes, gratuity if any)


Please note the above pricing is only for the ResAvenue M.A.R.S. and are exclusive of charges for the Payment Gateway which will be charged separately as under:

PAYMENT GATEWAY PRICING AND TYPES OF SCHEMES
We are offering you a choice of two schemes. Depending on your business model, you may choose any one of the two scheme options:

Payment Gateway Pricing
Type of Scheme Set Up fees
[One time, non refundable]
TDR ( Optional Service) Annual Charges for own Merchant ID (Payable in advance on sign-up and renewable annually)
Premium Scheme USD 600 5% USD 150
Economy Scheme USD 200 7% USD 150

The above rates are for one processing currency.

Payment Processing Options
Currency Payment Options
Transaction Processing Company
USD Processing and Settlement Credit Cards:
MasterCard
VISA
American Express
Diners Club International
JCB Cards
Citibank eCard.
Avenues World Pte Ltd.,
Singapore.
EURO Processing and Settlement Credit Cards:
MasterCard
VISA
Citibank eCard.
Avenues World Pte Ltd.,
Singapore.
U.K. Pound Processing and Settlement Credit Cards:
MasterCard
VISA
Citibank eCard.
Avenues World Pte Ltd.,
Singapore.

You may opt to process in additional currencies. For every additional currency a charge of USD 100 will be applicable.

All transactions normally appear as www.ResAvenue™ .com charge in your customer's credit card statement. You may wish to reinforce your website name and add recall value by choosing our special feature (at a recurring annual cost) which is the equivalent of having your own Merchant Account. This optional service for own Merchant ID is available for a small annual charge of USD 150 payable in advance on sign-up and renewable annually. This feature applies only for all Visa, MasterCard and JCB transactions. All American Express and Diners Club International transactions will continue to be reflected as www. ResAvenue™ .com/charge in your customer's credit card statements.

We accept the following credit cards. Visa, Mastercard, Citibank eCard, American Express, Diners Club and JCB. If a ResAvenue™ sub merchant has signed up under our economy scheme, we will credit his designated US Dollar account with US Dollar 93 for every US Dollar 100 worth of transaction, done on a credit card by his customer. In case the sub merchant has signed up for our premium scheme, we will credit his designated account with US Dollar 95 for every US Dollar 100 worth of transaction.

To recieve your payments you need to "capture " your transaction from the accounting module. When a transaction is successful from the payment gateway, it is reflected in your account with ResAvenue™ in a pending mode. You, as the merchant, will have to log-in to your account on www.ResAvenue™ .com and mark the transaction as shipped / executed and enter the relevant data.

PAYMENT CYCLE:
You have 12 days from the receipt of the orders to execute and capture the order amounts. If your business model demands that you capture the amount in advance for future delivery i.e. a period beyond 12 days from receipt of the order, and your customer is explicitly agreeable to this, then you may do so before the 12th day. Orders not captured will not be reflected in your account after this.

Orders can be accessed by logging into your ResAvenue™ Account with the username and password registered on sign-up.

All orders shipped/executed until Monday midnight IST are processed for payment on the following Wednesday. Transactions are then paid-out by either of two methods as chosen by you on our Merchant Control Panel:

a) We will dispatch by First Class Registered Airmail, a US Dollar cheque (payable at Singapore) to your designated address within 48 hours of the settlement period. This option is available at a nominal delivery charge of US Dollar 1 per delivery. You will have to deposit this cheque for foreign inward collection with your bank. Credit in your local currency to your account may take upto 15 days or more. Please check with your bank for the exact period, procedure and their collection charges for the transfer

b) You may opt for the wire transfer of funds (at a charge of US Dollar 30 per transfer) to your designated bank account. If your account is designated in your local currency, the exchange rate applied to the transaction is fixed by your bank and we have no control over the same. A small administrative fee could also be levied by your banker. Please check with your bank for the exact time required to credit your account and their exact collection charges for this kind of transfer.

Minimum Balance Requirement:
On commencement of the account ResAvenue™ will retain the first US Dollar 50 as a minimum balance requirement for keeping your account in live mode, in the same way as a bank account operates. Subsequently all and any amount (less the Rolling Credit amount) as configured by you through the Merchant Control Panel over this will automatically get paid out.

Rolling Deposit:
A 5% Rolling Deposit of the final payment amount will be maintained by ResAvenue™ for 180 days.

Features :
Set Up fee is a one-time fee only.
Facility to upgrade from economy scheme to premium scheme by paying the difference in setup fees is available. No changes to be made at your end.
Both Schemes to have complete access to the online ResAveune™ Merchant Accounting and Reporting System (M.A.R.S.) benefits that comprises a central reporting facility on every transaction, including reports on sales, credits, voids Œ to support non-repudiation, balancing, portal settlement reporting, processor settlement reporting and other back office functions.
Visibility into transaction level information is protected by passwords.

 




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Provide Direct Access to Customers, Trade Partners
Complete Solution
Widest Range of Payment Options
Simplified Multi-currency Processing and Collections
Map & Apply your Business Policies
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Collect Bills for Special Deals
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