Sabre and Worldpay Deliver Industry Leading Global Payment Solution for Airlines
China Union Pay confirmed as the first local payment type offered via the integrated platform
London, May 2015 – Worldpay and Sabre (NASDAQ: SABR), a leading technology provider to the global travel and tourism industry, have partnered to launch a global payment solution that will facilitate carriers expanding into new markets and help to generate new revenue opportunities.
By using a single solution for processing and payments, airlines will also be able to identify purchasing trends more easily through a single customer view, enabling them to better tailor their services to customer needs and grow loyalty.
The integrated payment solution supports all major card types and will bring airlines growth opportunities as it accepts local payment types across multiple regions, including the United States, Europe, Latin America and Asia Pacific.
In addition reporting, chargeback and fraud management tools are available to deliver stricter controls, reducing lost revenues.
China Union Pay (CUP), one of the largest payment schemes in the world, will be the first local payment type to be offered via the integrated platform. Ethiopian Airlines has already signed on to offer CUP via the Worldpay and Sabre solution, giving the airline the opportunity to optimise revenue in multiple markets.
Vinit Doshi, senior vice president of SabreSonic Customer Sales & Service said: “Collaborating with Worldpay on a combined solution means we can offer our global customers, and their customers, more choice when it comes to using different payment methods where credit card use is lower. Airlines with global expansion plans will also benefit from an agile solution that’s designed to deliver a seamless experience across different buying channels.”
Kevin Dallas, Chief Product & Marketing Officer at Worldpay adds: “Historically airlines have long struggled with connecting critical business operations to global payments which can offer customers the choice they crave and airlines the insights into customer purchasing trends they find so valuable. Our new offering with Sabre gives airlines the single customer view they need, no matter the customer’s location, payment type or method.”
Abdulhakim Meftuh, E-Commerce Manager at Ethiopian said: “The CUP payment option gives passengers more ways to pay and can help boost online sales in the Chinese market. This is a big milestone for us and we’ll continue to work with Worldpay and Sabre to fine-tune the payment experience for our passengers. “
For more information please contact
Tom Parker / Nitesh Khetani
E: Worldpayecommerceteam @ golin.com
Worldpay is a leading global provider of payment and risk services, processing millions of transactions every day. We provide an end-to-end service including card acquiring, treasury, gateway, alternative payments and risk management, all of which can be provided with a single integration to Worldpay. We make global payments simple for many of the world’s leading organisations.
About Sabre Corporation
Sabre® Corporation is a leading technology provider to the global travel and tourism industry. Sabre’s software, data, mobile and distribution solutions are used by hundreds of airlines and thousands of hotel properties to manage critical operations, including passenger and guest reservations, revenue management, flight, network and crew management. Sabre also operates a leading global travel marketplace, which processes more than $110 billion of estimated travel spend annually by connecting travel buyers and suppliers. Headquartered in Southlake, Texas, USA, Sabre operates offices in approximately 60 countries around the world.
About Ethiopian Airlines
Ethiopian Airlines (Ethiopian) is the fastest growing Airline in Africa. In its operations in the past close to seven decades, Ethiopian has become one of the continent’s leading carriers, unrivalled in efficiency and operational success.
Ethiopian commands the lion share of the pan-African passenger and cargo network operating the youngest and most modern fleet to more than 76 international destinations across five continents. Ethiopian fleet includes ultra-modern and environmentally friendly aircraft such as the Boeing 787, Boeing 777-200LR, Boeing 777-200LR Freighter and Bombardier Q-400 with double cabin. In fact, Ethiopian is the first airline in Africa to own and operate these aircraft.
Ethiopian is currently implementing a 15-year strategic plan called Vision 2025 that will see it become the leading aviation group in Africa with seven business centres: Ethiopian Domestic and Regional Airline; Ethiopian International Passenger Airline; Ethiopian Cargo; Ethiopian MRO; Ethiopian Aviation Academy; Ethiopian In-flight Catering Services; and Ethiopian Ground Service. Ethiopian is a multi-award winning airline registering an average growth of 25% in the past seven years.