Accelya, the leading provider of financial, commercial and analytics solutions for airlines today announces the launch of Accelya Payment Gateway – a platform that offers fast and reliable global payment acceptance, powered by Mastercard.

For any online retailer, adding a new payment method involves a high level of complexity in terms of working and ensuring reconciliation with multiple vendors and systems. This can mean a long time-to-market to add new forms of payment – resulting in loss of opportunity and, in certain cases, massive revenue leakage as airlines are unable to reconcile and account for these transactions at the ticket level.

‘With the upsurge of new payment methods around the world, airlines are struggling to deliver a seamless payment experience to their customers. While e-commerce teams may require a new payment method to be integrated, too often finance and IT teams are unable to support their plans. With the launch of Accelya Payment Gateway, airlines can now manage their complete payments lifecycle across all sales channels from the moment a booking is made, right through to the revenue being accounted, all through one airline exclusive solution,’ says Neela Bhattacherjee, EVP – Financial Solutions, Accelya.

Built for the airline industry, the Accelya Payment Gateway combines Mastercard Payment Gateway Services’ reliable and secure payment technology for merchants with Accelya’s deep understanding of the airline financial ecosystem, to create a highly scalable and resilient platform designed specifically to manage the complexities airlines face with payment processing and financial reconciliation. The new platform offers advanced payment processing that also keeps pace with emerging technologies like today’s e-wallets and network tokenisation.

‘Online shopping continues to grow and it is important that airlines can streamline their operations whilst offering consumers a frictionless payment experience,’ saysDavide Messina, Senior Vice President, Mastercard Payment Gateway Services.  ‘The combination of our reach, advanced payment processing and security with Accelya’s understanding of the industry will offer airlines an unprecedented partner in how they’ll be able to manage the payments experience.’

The Accelya Payment Gateway integrates into the existing Accelya Payments Solution portfolio which provides a 360º view of payments such as CardClear, for aggregation and billing; Payments Reconciliation, that provides transaction level control of every payment received to identify missing payments  and Chargeback Management, a dynamic, outsourced service that centralises the airlines chargeback process. Together the end-to-end solution enables airlines to drive revenue, reduce costs and maintain compliance.

Accelya has long been a trusted partner to airlines for their journey to success. The launch of the solution will help airlines move one step closer to their ultimate destination –a superior customer experience.