HRS acquires Conichi to build automated payment
09/23/2019|10:15:16 AM|Phocuswire

HRS has now acquired Berlin-based Connichi. The move is part of HRS’ development of a payment product platform.

Conichi founder and CEO Max Waldmann says the company’s Smarthotel product, which automates hotel check-in and check-out procedures, will continue to be offered as a product of HRS.

Waldmann, along with co-founder Frederic Haitz and the other 70 members of the Conichi staff, will join HRS to develop automated payment technologies.

Tobias Ragge, HRS CEO, said: “An innovative and reliable payment process achieves 23 percent higher acceptance of the travel program by travelers; no other solution offers companies such savings potential, especially with an uncertain global economy looming in 2020.”

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