What Payyo does

Payyo is a specialized payment service provider for the travel and leisure industry, operating as a brand under Trekksoft AG (CHE-115.503.227) within the Tourism Software Group holding. Founded in 2017 and headquartered in Zug, Switzerland, with an additional office in Matten b. Interlaken, the company is structured around four core product capabilities: a unified payment platform supporting 60+ acceptance currencies and 30+ payout currencies; a split-payments engine for marketplace and platform commission settlement; built-in KYC, AML, PCI Level 1, and VQF SRO compliance; and industry-tailored risk management plus a dispute and chargeback module. Integration is delivered either via Hosted Payment Page (HPP) for redirect-based checkout or direct API, documented through a dedicated developer portal.

The company's go-to-market combines direct enterprise sales with a strong channel-led motion through booking software partners — most notably parent TrekkSoft (serving clients in 100+ countries), Digitickets, Waldhart Software, Nezasa, TOMAS, and Lodgify. Underlying payment processing runs on Datatrans, Stripe, and SIX/Worldline infrastructure, on top of which Payyo layers its travel-specific risk, KYC, and split-payment logic. Payyo does not hold a banking license of its own and operates as a regulated intermediary.

Payyo's revenue model is transaction-based: it earns take-rate fees on processed booking payments and commissions on marketplace split payments, with no setup, support, KYC, or risk fees charged to merchants. Pricing is volume-tiered across six booking-volume bands (from 'Starting Out' through 'More than 200,000 bookings per year'). The disclosed customer base is small but spans enterprise platforms and mid-market vertical SaaS providers in tours/activities, vacation rentals, ski schools, ticketing, and destination management — reducing single-vertical exposure while embedding structural concentration in the parent relationship. No public funding rounds, revenue figures, or M&A activity are disclosed in the source material.

Name

Payyo

Legal name

Payyo (brand of Trekksoft AG)

Website

https://payyo.ch

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

1–10 employees

Short description

Payyo is a Swiss payment service provider specializing in payment processing, split payments, and risk management for platforms, marketplaces, and SaaS companies in the travel and leisure industry, operating as a brand under Trekksoft AG within Tourism Software Group.

Ownership category

akta.pro rank

Product category

Travel Payment Gateway

NAICS

Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232)

SIC

Finance Services (6199)

akta.pro primary industry

Marketplace / Platform Acquiring (PayFac & Sub-Merchant Management) (FSAMABAF)

akta.pro secondary industries

Merchant-of-Record (MoR) & Payment Facilitation (PayFac) Infrastructure (FSAGABAE), Payouts, Disbursements & Mass Payments Infrastructure (FSAGABAN)

Keywords

• Payment processing platform
• Travel industry payments
• Marketplace split payments
• Multi-currency processing
• Online payment gateway

Headquarters

HQ city

Zürich

HQ country

Switzerland

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Infrastructure, Personnel, Marketing or Sales, Operations

Revenue model

1. Transaction Processing Fees: Payyo charges transaction fees and commissions on booking payments processed through its platform. Fees are competitive with market rates. The company handles payment processing, settlements, and chargeback management as part of the service.
2. Marketplace Split Payment Revenue: For platforms with multiple merchants, Payyo facilitates split payments and automatically handles commission calculations and settlements between business partners.

Pricing tiers

Go-to-market motion4 records

Distribution channels4 records

Marketing channels5 records

Core offering

Payyo is a payment processing platform specialized for SaaS, booking platforms, and marketplaces in the travel and leisure industry. It enables merchants to accept payments, perform split payments across multiple parties, manage multi-currency payouts (30+ currencies), and access built-in KYC, risk management, and dispute handling. The platform supports both Hosted Payment Page (HPP) and direct API integration.

Product overview

Payyo is a unified SaaS payment platform specialized for platforms, marketplaces, and booking systems in the travel and leisure industry. The core Payyo Payment Platform provides comprehensive payment processing with two integration options: the Hosted Payment Page (HPP) for redirect-based checkout and direct API integration for seamless embedded payments. The platform's key capabilities include Split Payments (enabling revenue share between multiple merchants on marketplaces), Dynamic Currency Conversion (DCC) for multi-currency transactions, Payment Plans (recurring, installments, and subscriptions), and a built-in KYC verification system. Supporting modules include Reporting & Analytics for transaction insights, Dispute Management for chargeback handling, and Refund Management. Risk Management is industry-tailored for travel and leisure businesses. Payyo processes payments in over 30 currencies for payout and over 60 currencies for customer transactions.

Differentiator

Problem solved

Functional benefit

Products and services

• Payyo Payment Platform

Quantifiable outcome

• Zero fees for setup, support, KYC, or risk management
• +3 more outcomes

Named customers6 records

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

Feature9 records

Partnerships

Six partnerships are on record, tiered core and minor.

• DatatranscoreTechnology or IntegrationPayyo integrates via Datatrans payment service provider for secure payment processing. TOMAS destination management system required Datatrans integration specifically. Datatrans provides the underlying payment infrastructure while Payyo handles the travel industry-specific features, split payments, and merchant management.
• CoverGeniusminorStrategic or Co-development PartnerInsurance partner for optional refund protection products offered at checkout. Payyo shares personal and transaction details (name, email, booking reference) with CoverGenius to issue policies and manage claims. Processing is based on contract performance and legitimate interest for seamless user experience.
• SIX Group / WorldlinecoreTechnology or IntegrationPayment processing enabled through SIX/Worldline infrastructure in Switzerland. PCI Level 2 certified payment services power the core transaction handling.
• StripecoreTechnology or IntegrationStripe provides payment processing infrastructure alongside SIX/Worldline. PCI Level 2 certified payment services handle card transactions.
• TrekkSoft AG (Parent Company)coreOthersTrekkSoft AG is the parent company of Payyo and operates under Tourism Software Group. TrekkSoft develops the TrekkSoft booking platform and originally created Payyo as its payment solution. TrekkSoft's global customer base of 100+ countries benefits from Payyo's integrated payment services.
• Tourism Software GroupcoreOthersPayyo is part of Tourism Software Group, the parent holding company. The group specializes in software solutions for the travel and tourism industry, combining booking platforms, payment processing, and destination management systems.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Others

• Adyen:

Direct peers

• Spreedly: Payment orchestration and vaulting layer that lets businesses route transactions across multiple gateways and acquirers. Comparable to Payyo's API-first, multi-acquirer infrastructure approach.
• CellPoint Digital: Payment orchestration platform specialized for the travel and airline industry, offering multi-currency, alternative payment methods, and settlement workflows. Highly comparable to Payyo's vertical positioning in travel payments.
• Mollie: European payment service provider offering multi-currency, multi-method processing to SMBs and platforms. Comparable to Payyo in European focus, multi-currency, and platform/marketplace integrations.
• GoCardless: European-focused payment platform specializing in direct debit and recurring payment flows. Comparable in serving European platforms with recurring/installment payment features similar to Payyo's Payment Plans.
• Currencycloud: Cross-border payments and FX infrastructure provider enabling multi-currency wallet and payout capabilities. Overlaps with Payyo's multi-currency payout and cross-border settlement features.
• Planet Payment: Specialist in multi-currency processing and Dynamic Currency Conversion for merchants, with strong travel industry presence. Closely comparable to Payyo's DCC and 30+ payout currency capabilities.
• Gr4vy: Cloud-native payment orchestration platform built for merchants and platforms, supporting multiple PSPs and acquirers via a single API. Comparable to Payyo's marketplace multi-PSP, split-payment focus.

Broad incumbents

• Stripe: Global general-purpose payment platform with Stripe Connect for marketplaces. Overlaps with Payyo's payment processing, multi-currency, and marketplace/split-payment capabilities at much larger scale.

Regional players

• TrekkSoft: Parent company of Payyo and a booking software provider for tours and activities. Operates as a complementary product in the same travel ecosystem, with overlapping European and activity-provider customer base.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/payyo

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Payyo