Payment orchestration platform APEXX Global is helping RyanAir to ‘transform’ the airline’s legacy payments infrastructure.
APEXX’s pan-European payments solution is aiming to help boost RyanAir’s conversion rates and lower local and cross-border transaction costs, increasing efficiency and reducing the cost of RyanAir’s payments.
Peter Keenan, Chief Executive Officer and Co-Founder at APEXX, stated: “We are delighted to be working with one of the world’s most successful airlines which is at the forefront of digital innovation.
“Our partnership with RyanAir proves that payment orchestration has come of age and that payment innovation will remain critical to future customer satisfaction and cost control.”
The partnership comes at a time where airlines are acclimating back to previous norms after the detrimental impact on travel and tourism during COVID-19. It is stated that RyanAir processes transactions worth “millions of Euros a day”, which APEXX aims to assist the airline with.
“The entire travel industry has faced huge challenges due to the pandemic, which makes it more important than ever to have a payments process that is as seamless and efficient as possible,” commented John Norton, Group Treasurer at RyanAir.
“APEXX’s approach prioritises merchants, lower costs and boosts conversion rates, which means that we are well positioned to capitalise on the rebound in international travel across Europe.”
