Airline services provider, Paxport Group is to launch a product to simplify the way that carriers accept card payments. The new system is to be called Air2Pay and has been developed with its digital payments sister company, Pax2Pay.

With significant unpredictability associated with traditional card payments, the Group says that Air2pay will provide a ‘transparent, controlled’ way to reduce processing fees for airlines.

A simplified payment process, integrated into Paxport’s airline distribution ecosystem replicates the familiar payment flows without the high network fees and complexities.

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Dave Robinson, Managing Director at Pax2pay ltd said: “Pax2pay is one of the leading providers in B2B payments for the travel industry and are committed to listening to our clients’ needs.

“We work closely with our sister company, Paxport, who connect both global and national travel sellers to leading airlines through their sophisticated airline distribution technology.

“With a growing demand from airlines for a viable alternative to card payments, we’re excited to launch Air2Pay.

“This new solution offers airlines a secure, cost-effective way to process payments via Open Banking, providing a reliable alternative to cards to support trade sales.”

Simon Taylor, Head of Commercial at Paxport comments: “Paxport are committed to re-defining airline distribution standards, and this latest collaboration with Pax2pay is set to do just that.

“We are leaders in the transformation of global travel distribution, and our mission is to seamlessly connect airlines to travel sellers.

“Leveraging Paxport Group’s own experience in both digital payments and airline connectivity put us in a unique position to deliver this exciting new solution and answer the challenge that our airline partners continue to experience with escalating costs of distribution.”