French payments firm Worldline has collaborated with travel payment provider Fly Now Pay Later to offer a buy now pay later (BNPL) offering for the travel space.
The service is available to merchants linked to Worldline’s TravelHub payment tool.
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TravelHub provides more than over 150 payment methods and currencies, along with fraud prevention, multi-acquiring, and tokenisation services.
Existing TravelHub clients can use the BNPL service by adding a button to their checkout page and reaching a contract with Fly Now Pay Later.
Fly Now Pay Later founder and CEO Jasper Dykes: “We’re all about making sure that travel payments work for everyone, so welcome the opportunity to work with merchants to help their customers spread out the cost of a hotel, flight or holiday.”
In this context, Worldline quotes Amadeus data, which states that availability of BNPL service makes 68% of travellers spend more than usual on their travel plans and prompts 49% to purchase ancillary services.
Worldline global head of Airlines and Travel Damien Cramer: “Ultimately, through this service, merchants are well placed to gain additional customers attracted by the ability to spread the load of their holiday expenditure, while still enjoying the security of receiving a single up-front payment from the BNPL provider.”
Last month, Worldline reached an alliance with Neonomics to expand its account-to-account payments and data aggregation coverage to the Nordics.
In the same month, the firm signed a €100m deal to buy Banco Desio’s merchant acquiring activities.
In addition, the deal includes a commercial partnership, enabling Worldline to use over 230 branches of Banco Desio to distribute its offerings to merchants.
