Amadeus is joining hands with Continuum Commerce Solutions and RBS’s FXmicropay to develop a new multi-currency payment solution for travel industry.
Fully integrated into the Amadeus Payment Platform, the new multi-currency payments module will offer Dynamic Currency Conversion and Multi-Currency Pricing options.
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Through the new service, the travel merchant can make a push-offer to the traveller select their home currency to settle the payment, allowing merchants to derive a new revenue stream through an automated, expert management of cross currency payments.
RBS’ FXmicropay will serve airlines, travel agencies, hotel groups, travel operators, cruise liners and railways worldwide in both the on-line, face to face and call centre sales channels.
The service will be globally supported by Amadeus together with Continuum and RBS through their multiple local operations.
Amadeus Travel Payments head, Celia Pereiro, said that the company’s multi-currency pricing and dynamic currency conversion solution will offer key benefits to both traveller and travel merchant.
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By GlobalData"It is very important to allow travellers to decide how to organise their finance and to provide them with the right tools to achieve it without increasing the travel cost," Pereiro added.
