Singapore Airlines Onboards Adyen to Smoothen its Flight Booking App
by Fintech News Singapore April 17, 2019Singapore Airlines has partnered with fintech unicorn Adyen, to help in creating a more frictionless payments experience for customers booking flights online or in-app.
The airline while working with Adyen reportedly saw an increase in authorization rates, flexibility on fraud risk management and richer data insights in their bid to create a more seamless payment experience.
Therefore, the partnership will center on payments optimisation. This includes the use of Adyen’s direct credit card acquiring capabilities which eliminates the need to run payments across multiple third-party platforms and thus improve payment authorisation rate.
There is also the unicorn’s RevenueAccelerate, which allows Singapore Airlines to identify fraudsters from Adyen’s global data network and block their transactions, and thus leaving genuine travellers on board.
Adyen is best known for serving big names like Facebook, Uber, Spotify, Cathay Pacific, Grab, Klook, Lorna Jane, Freelancer.com, Kogan.com and Showpo.
Featured image via Wikimedia Commons
