Travel is one of the fastest growing industries – making up 10% of global GDP – and by 2021 digital travel will be an $855B market. Meanwhile, consumers have more payment options than ever. Travel operators (air, ground transportation, and hospitality providers) are increasing their selling opportunities through mobile booking and other channels, but without strong support for mobile payments, they are leaving revenue on the table..
Challenges for travel operators include costly fees paid to PSPs, lengthy IT integration projects, data silos in disparate, back-end systems, and an ever-growing number of devices, channels, currencies and payment methods. Travel operators need a flexible, scalable payment infrastructure that can solve specific payment needs and can serve as an enterprise-level platform for mobile commerce, connecting the payment side of travel with customer-facing channels (Internet and mobile booking engines) for more selling opportunities.
The Velocity Payment Platform
Whether you are looking for a quick-to-market entry point, allowing you to add an alternative payment method, or you need something more extensive, such as a fully-functioning PSP or a comprehensive merchant-side payment control environment, CellPoint Mobile’s Velocity payment platform enables travel merchants to get to market quickly, integrate with existing systems, boost conversions, increase mobile revenues, add new selling side channels and capture a larger share of the global travel market.
With CellPoint Mobile's Pay Side Solutions, travel merchants can:
Increase revenues in the mobile channel
Create new revenue streams by making it easy for passengers and guests to conduct mobile transactions.
Boost conversions with flexible payment options
Support one-click check-out, all currencies, all devices and a broad range of payment methods.
Protect your customer and business data
Protect your company’s and customers’ data with a PCI DSS Level 1 compliant platform and advanced fraud monitoring.
Reduce cost with a
simpler payment process
Integrate functionality between internal and external systems through a gateway and payment orchestration layer.