HOT : Venetian Gondola Boat , Macau Tower , Galaxy 3 In 1 Package Rapid deployment & frictionless integration bring new payment methods to market quickly, enabling airlines to capture passenger revenues from the mobile-first travel marketplace SINGAPORE, Aug. 2, 2016 /PRNewswire/ -- CellPoint Mobile (www.cellpointmobile.com), a provider of comprehensive and powerful commerce and payment solutions for global airlines, is offering a new product called Velocity, the payment industry's first Mobile PSP-as-a-Service (MPaaS) solution to help airlines deploy popular mobile payment solutions, payment apps, and alternative payment methods (APMs) quickly, profitably, securely and without friction to existing financial systems. Created specifically for airlines and travel operators, CellPoint Mobile's Velocity turns Payment Service Provider (PSP) functionality into a plug-and-play business service, enabling airlines to leverage the revenue potential that arises from the unparalleled growth and promotion of mobile payment technologies, while meeting rising passenger demand for secure and very convenient shopping on payment-enabled smartphones, wearables and mobile devices. Velocity's three scalable service options– Engage, Accelerate and Advance – let airlines align mobile payment functionality with their immediate business needs, markets and revenue goals. Engage, for example, supports the rapid roll-out of two popular global consumer wallets or payment apps, Accelerate supports three more APMs and added payment functionality, and Advance integrates up to 10 payment methods per market and full reporting capabilities for airlines interested in robust mobile payment strategies. Built-for-mobile solutions, deployable in weeks CellPoint Mobile rolled out Apple Pay functionality with an international carrier in August 2015 and it was also the first provider to integrate the Android Pay in-app solution in a major airlines app with Emirates in May 2016. "Integrating Android Pay with CellPoint Mobile will make it easier for even more businesses of all sizes to further streamline their checkout experience by offering their customers a simpler, faster in-app payment experience," said Spencer Spinnell, Director of Business Development for Google. Turn "lookers" into "bookers," capture mobile revenues Key features of Velocity include:
"Airline finance executives know they need to leverage the mobile marketplace in order to protect existing revenues and create new revenue streams from passengers who want to pay from their smartphones as they travel," Gjerding acknowledges. "Until now, they have not been able to achieve or maintain parity with a marketplace in which devices, technologies, consumer behaviors and new payments methods evolve rapidly. Velocity delivers the parity and flexibility airlines seek, and it positions them for success in a rapidly changing, moving-to-mobile marketplace." CellPoint Mobile also supports MasterPass, Mobile Pay, Samsung Pay and Visa Checkout; it can add dozens of other APMs as needed by airlines. About CellPoint Mobile News Sources
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