Aviation has one of the highest cart abonnement rates across industries, with 9 out of 10 airline ticket shopping carts left incomplete. One of the reasons behind this concerning number is the absence of consumers’ preferred payment methods.
Wizz Air has partnered with Revolut to simplify payments for passengers. The Hungarian low-cost carrier is giving its customers access to secure, one-click checkouts, starting with the app and progressing to the website in the coming months. Passengers will have the option to complete payments in seconds using biometrics and secure payment through the Revolut app.
Speaking on the announcement, Alex Codina, General Manager of Acquisition at Revolut, said:
“We are so excited to have Wizz Air on board as a Revolut Pay partner and to support them with making the customer journey as seamless and secure as possible from start to finish. Especially in the travel sector, payment processes can be extremely complex and long. We believe this should not be the case, and partnering with trusted and innovative brands like Wizz Air allows us to keep building the future of payments in the industry together.“
Revolut is also giving customers the opportunity to earn 10 times more RevPoints when purchasing Wizz Air flights.
The Wizz Air-Revolut partnership is a step toward solving the airline industry’s long-standing payment challenge: balancing security, conversion, and cost efficiency. Where payment costs represent up to 3 per cent of airline revenues, even small improvements in conversation rates can have a significant impact. Find out more here
For more like this see:
- JetBlue partners with Venmo for convenient payments
- Crypto, digital wallets, and disrupting payments
- Riyadh Air partners with noon Payments for “industry-leading” payment features
Also in the news:
What does airlines’ New Payment Capability (NPC) look like?
Invigorating FFPs by banking on the power of partnerships
Uber advances super-app ambitions, partnering with Hopper to add flights to its “one-stop travel solution”
Flybondi issues every ticket as an NFT to increase flexibility for passengers