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ease
features
design
support

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Description

Onyx CenterSource offers a robust Commissions Processing system that aims to enhance the efficiency and automation of commission payments for hotels and travel agencies around the world. The process starts with hotels submitting booking information in their preferred file format and timing, optionally utilizing Onyx’s ValidStay verification tool. Subsequently, a pro forma or remittance notice is generated in the selected currency, detailing the total dues to agencies alongside Onyx’s service fee. Once hotels deposit the funds into the Onyx account, payments are typically distributed to all involved agencies within a week, accompanied by comprehensive confirmation reports. Both hotels and agencies benefit from round-the-clock access to an online portal, allowing them to reconcile payments, validate transactions, and track any pending claims. Additionally, the system encompasses research and support services aimed at addressing inquiries, disputes, or unaccounted payments, with all activities documented and available through customer service channels. Overall, this streamlined approach ensures that all parties involved have the necessary tools and support to manage commission payments efficiently.

Description

Onyx Digital Assets serves as a platform for asset tokenization, allowing financial institutions, asset managers, and fintech companies to harness previously unrealized potential within their financial assets. By transforming a financial asset into a programmable token on a blockchain, this approach enhances both asset mobility and utilization while facilitating immediate and atomic transaction settlements, offering real-time visibility throughout the asset's lifecycle, and streamlining operational processes through automation. Customized applications can be utilized to maximize the effectiveness of financial assets, such as using them as collateral for secured intraday financing or posting them as margin collateral without impacting market dynamics. Take your use cases to the next level by developing scalable, institutional-grade applications that align with your unique business requirements, all with the support of our seasoned banking and blockchain specialists. This collaborative approach ensures that your organization can effectively adapt to the evolving financial landscape while optimizing asset management strategies.

API Access

Has API No 

API Access

Has API No 

Screenshots View All

Screenshots View All

Integrations

No details available.

Integrations

No details available.

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Customer Support

Business Hours Yes 
Live Rep (24/7) Yes 
Online Support Yes 

Customer Support

Business Hours No 
Live Rep (24/7) No 
Online Support Yes 

Types of Training

Training Docs Yes 
Webinars Yes 
Live Training (Online) Yes 
In Person Yes 

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) No 
In Person No 

Vendor Details

Company Name

Onyx CenterSource

Founded

1992

Country

United States

Website

www.onyxcentersource.com/hotels/commissions-processing/

Vendor Details

Company Name

JPMorgan Chase

Founded

1871

Country

United States

Website

www.jpmorgan.com/onyx/onyx-digital-assets

Product Features

Commission

Affiliate Management No 
Agency Commission No 
Commission Calculations No 
Commission Scheduling No 
Commission Tracking No 
Compliance Management No 
Flat Commissions No 
Incentive Programs No 
Multi-Tiered Commissions No 
Percentage Commissions No 
Sliding Scale Commissions No 
Split Commissions No 

Product Features

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