MÜNCHEN | Wirecard and Amadeus IT Group, a leading technology partner for the global travel industry, join forces to offer Wirecard’s processing services through the Amadeus Payment Platform. This integration in the Amadeus Payment Platform will benefit Amadeus customers thanks to Wirecard’s extensive payment and acquiring solutions.
Amadeus Payment Platform
The Amadeus Payment Platform offers a full suite of solutions for airline payment processing, helping airline merchants improve conversion rates and reduce costs. With the Amadeus Payment Platform, the payment processing is fully integrated within the airline's selling flow and across all systems, leading to an enriched reporting to accounting systems. The cross referencing between sales, payment and ticketing data further facilitates reporting, tracking and dispute management.
Amadeus Payment allows the airline to protect sales via a number of sophisticated checks, including 3D secure for web payments and a full airline fraud prevention module that checks both the booking and payment data. This reduces the number of disputes and therefore, the volume of chargebacks. Moreover the integrated Amadeus Payment Capture helps minimise mistakes and accelerate cash-flows. Today 280 Airlines are using Amadeus Payment Platform.
'Pioneer in the Travel Industry'
“Amadeus is considered to be a pioneer in the travel industry and sets standards in the market. Through this partnership we can now offer customers one solution out-of-the-box,” said Michael Santner, Head of Partner Management with Wirecard. “Our partner program focuses on customer-relevant benefits in particular for technology alliances.”
'Wirecard to Complement Amadeus constant expansion'
Celia Pereiro, Head of Travel Payments at Amadeus IT Group comments: “We are extremely pleased to strengthen our relationship with a leading provider such as Wirecard, whose global payment solutions complement our constant expansion in the travel and tourism payment arena, while adding value to our customers worldwide.”
Amadeus is a leading provider of advanced technology solutions for the global travel industry. Customer groups include travel providers (e.g. airlines, hotels, rail and ferry operators, airports, etc.), travel sellers (travel agencies and websites), and travel buyers (corporations and travel management companies). The Amadeus group employs around 12,000 people worldwide, across central sites in Madrid (corporate headquarters), Nice (development) and Erding (operations), as well as 71 local Amadeus Commercial Organizations globally. The group operates a transaction-based business model. To find out more about Amadeus please visit www.amadeus.com.
Wirecard AG is one of the world’s leading independent providers of outsourcing and white label solutions for electronic payment transactions. The Wirecard Group has been supporting companies in accepting electronic payments from all sales channels. A global multi-channel platform bundles international payment acceptances and methods, supplemented by fraud prevention solutions. When it comes to issuing their own payment instruments in the form of cards or mobile payment solutions, Wirecard provides companies with an end-to-end infrastructure, including the requisite licenses for card and account products.
Sourced from Wirecard, March 3rd, 2014