Worldline has entered a new collaboration with the International Air Transport Association (IATA) to expand payment methods for its member airlines.
As the airline sector continues its recovery, the link will see Worldline’s payment capabilities and services will be made available through IATA Financial Gateway (IFG).
As part of the partnership, Worldline has incorporated Ingenico’s TravelHub solution into IFG. This solution provides companies with easy access to more than 150 online payment methods and offers a range of currency options that are relevant to customers around the globe, including in high growth markets such as Russia, India, Brazil and China.
It also offers smart transaction routing capabilities both globally and locally, which improve conversion rates and in turn, revenue.
Muhammad Albakri, IATA’s Senior Vice President, Financial Distribution and Data Services commented: “IFG provides a consolidated and cost-effective solution for airlines and travel suppliers to optimise their different sales payment processes. We’re excited to work with Worldline to provide more payment options through IFG to airlines.”
Airlines connected with IFG will be notified of the new payment services made available to them as a result of the partnership and can reach out to Worldline, via IATA, to gain access to payment capabilities in new markets.
Once an airline decides to utilise the IATA/Worldline TravelHub infrastructure, testing will be carried out in conjunction with IATA, which will then seamlessly activate the service so it can be used by the business.
Eric Liebman, Head of Travel at Digital Commerce, Merchant Services at Worldline, added: “As the travel industry is set to recover, gaining access to a wide range of payment methods and currencies is key to servicing customers who are eager to plan new trips and experiences. For airlines, navigating the complex travel and payments ecosystem can be challenging, so we help make it much easier for them.
“By partnering with IATA, we are providing one simple connection to our payment methods and capabilities across the world – enabling our partner airlines to offer the payment options that their customers prefer.”