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What is PaySpace?

To ensure a seamless and uninterrupted customer journey, it is crucial to implement sophisticated payment optimization strategies that are specifically designed to meet the unique needs of your business. Utilize cutting-edge payment technologies that support a range of alternative payment options, so that even the most selective customers are pleased with their experience. A high-risk merchant account acts as a formal agreement between the merchant and their bank, providing the necessary legal framework to authorize online credit card transactions. This account also enables the acceptance of various payment methods, including wire transfers, E-wallet transactions, cryptocurrencies, debit cards, and international payment choices preferred by the merchant. To obtain a high-risk merchant account, an application form must be filled out, and once a payment service provider approves it, the merchant gains access to a payment gateway, which is essential for facilitating online payment processes. Such accounts are vital for businesses deemed high-risk that wish to accept payments through digital platforms. Furthermore, understanding the factors that categorize a business as high-risk can aid in navigating the intricacies of payment processing; thus, it is wise to consult the list of industries considered high-risk. Being aware of these classifications allows businesses to proactively address the challenges and requirements linked to high-risk merchant accounts while ensuring a smoother payment experience for their customers. By staying informed and prepared, merchants can improve their chances of successfully managing their payment processing needs.

What is Astral Payments?

Astral Payments by Shiji is a hospitality-focused payment platform designed to unify payment processing, security, and financial operations within a single solution. Created specifically for hotels and hospitality businesses, the platform simplifies payment management while supporting a broad range of payment methods, including cards, digital wallets, and alternative payment options. Astral Payments provides centralized transaction management that helps reduce complexity across multiple properties and operational systems. A core component of the platform is its tokenization technology, which securely stores payment information through the Shiji Vault, preventing unencrypted card data from being stored within hotel systems. The platform adheres to strict industry standards, including PCI DSS 4.0 and PSD2 compliance requirements, helping organizations maintain strong security and regulatory practices. End-to-end encryption further protects guest payment information throughout the transaction process. Deep integration with Daylight PMS, Infrasys POS, and Stellaris Digital creates a connected hospitality ecosystem that reduces manual processes and improves operational efficiency. Multi-region account management capabilities support hotel groups operating across multiple markets, allowing them to manage payment accounts and expansion efforts more effectively. Automated reconciliation tools simplify financial management by matching transaction data across systems and reducing administrative workloads. Cloud-based updates keep the platform secure and current without requiring significant maintenance or downtime. Supported by Shiji’s global hospitality expertise and around-the-clock customer service, Astral Payments helps hotels streamline transactions, improve security, and deliver a more seamless payment experience for guests and staff alike.

Media

Media

Integrations Supported

Klarna
Paysafe
Sofort
UnionPay

Integrations Supported

FoodNotify
Shiji Daylight PMS
TableCheck

API Availability

Has API

API Availability

Pricing Information

Pricing not provided

Pricing Information

Pricing not provided

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Standard Support
Web-Based Support

Customer Service / Support

Standard Support
Web-Based Support

Training Options

Documentation Hub

Training Options

Not specified

Company Facts

Organization Name

PaySpace Processing

Date Founded

2009

Company Location

Latvia

Company Website

payspacelv.com

Company Facts

Organization Name

Shiji Group

Date Founded

1998

Company Location

China

Company Website

www.shijigroup.com/astral-payments

Categories and Features

Categories and Features

Payment Processing

Not specified

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