SafetyPay Highlighted in WorldPay’s Alternative Payment and Distribution Landscape White Paper

SafetyPay Recognized in this year's WorldPay Report

“SafetyPay, the Florida-based non-card payment system, enables consumers to purchase from airlines worldwide and pay directly from their online bank account in their local currency. It also has a global cash platform where a consumer can order their ticket online and pay with cash at a local bank or payment centre.”

Alternative Payment and Distribution Landscape; Part One: Airlines Going Alternative, Page 8, WorldPay (2013). Released October 24, 2013

Mexican Airline Volaris Adds SafetyPay to Payment Method Options

Originally posted on PRWeb.com http://www.prweb.com/releases/2013/6/prweb10850553.htm

SafetyPay™, the real time online-banking payment solution that enables consumers to shop from merchants worldwide and pay directly from their bank account in their local currency, today announced that customers around the world can use SafetyPay to now purchase air tickets for Volaris flights through their website http://www.Volaris.mx.

SafetyPay currently is available through the four major banks in Mexico: Banorte, BBVA Bancomer, Santander and Scotiabank. “We are excited that Volaris has joined our ever increasing merchant base and are confident that both of our companies’ commitment to customer service will allow a multitude of users to pay for plane tickets safely and seamlessly,” said Gustavo Ruiz, SafetyPay VP of Latin America.

Volaris is the second largest airline in Mexico and is known for its attractive fares and promotions. The airline offers flights throughout Mexico, as well as numerous destinations in the United States including San Francisco, Los Angeles, San Diego, Las Vegas, Chicago, Denver and Orlando.

About SafetyPay

SafetyPay is a real time online-banking payment solution that enables hundreds of millions of consumers to shop from merchants worldwide and pay directly from their bank account in their local currency. The SafetyPay solution is available in the USA, Europe, Canada and Latin America. SafetyPay guarantees no fraud and no chargebacks while supporting mobile, call center applications, e-invoices, pay-outs and promotions. To learn more about SafetyPay, visithttp://www.safetypay.com.

About Volaris

Volaris is the airline with the most modern fleet in Mexico, consisting of 43 aircraft from the Airbus A320 family, with an average age of 4 years. Volaris currently offers 80 routes to 30 cities in Mexico and 10 in the United States: Los Angeles, Oakland / San Francisco, San Jose, San Diego, Fresno and Sacramento in California, Las Vegas, Orlando, Chicago and Denver. The carrier started operations in March 2006 and currently has over 2,600 Ambassadors (Employees).

 

SafetyPay Speaks on Role of Payments at UATP Airline Distribution Conference

Originally posted on PR Web: http://www.prweb.com/releases/2013/4/prweb10668989.htm

SafetyPay™, the real time online-banking payment solution that enables consumers to shop from merchants worldwide and pay directly from their bank account in their local currency, was honored to send Vice President of Sales, Sandra Feinberg, to participate as a panel speaker at the 2013 UATP Airline Distribution Conference in Miami, FL recently on April 18th.

Feinberg spoke with six other presenters on how payment strategy can help increase the likelihood of distribution success. Also participating were representatives from Lufthansa AirPlus, Telchar B.V. Payment Fraud Consultancy, WorldPay, GlobalCollect, Southwest Airlines and Delta Air Lines.

The panel’s discussion lasted about 45 minutes, and was moderated by K. David Holmes, VP Global Sales for UATP. The speakers presented, discussed and responded to audience questions regarding payments, the largest distribution cost for airlines. They provided information and observations regarding the roles that fraud, credit cards, alternative payments and more play in payment strategies and successful distribution plans.

The panel emphasized the need for a wide-ranging payment strategy that balances customer preference with airline financial requirements. “In many developed and developing markets around the world, the costs and limits of using credit cards are costing airlines high fees and lost business opportunities,” said Feinberg. “Airlines need to enable customers to purchase online using real-time bank transfers and even cash to reach a broader market and protect themselves from fees and fraud.”

About UATP
UATP is a comprehensive payment solution that airlines offer to reduce the high cost of credit card use and provide important data for accurate travel management. It’s a low-cost option, void of high costing merchant service fees, currency conversion fees, and government and policy induced fees. UATP’s corporate program and data tools, DataStream and DataMine, supply Level III Data for all air and rail travel, and folio-level data for hotel stays. For more information, visit UATP.com

About SafetyPay
SafetyPay is a real time online-banking payment solution that enables hundreds of millions of consumers to shop from merchants worldwide and pay directly from their bank account in their local currency. The SafetyPay solution is available in the USA, Europe, Canada and Latin America. SafetyPay guarantees no fraud and no chargebacks while supporting mobile, call center applications, e-invoices, pay-outs and promotions. To learn more about SafetyPay, visit http://www.safetypay.com.

For more information contact: Sasha Hernandez 786-294-6411 ext. 252 shernandez(at)safetypay(dot)com

SafetyPay: An Amazing Week in Review

This has been an exciting week for online payments. First, UATP announced that it will begin a strategic partnership with SafetyPay, which will allow future customers to make online payments directly through their banks. By using UATP’s airline connections, this will give customers another reliable option to pay for their airline tickets.

Following this great opportunity, UseMyServices then announced that they, too, will be partnering with SafetyPay for mutual network expansion. This new co-operative agreement will help significantly expand international reach for both companies, making real time banking payment services available to more than half a billion online banking customers worldwide.

Stay posted for more exciting news!

SafetyPay and the BAI Retail Delivery Conference

For more than 30 years, BAI Retail Delivery has anticipated and presented countless banking innovations, new technologies and groundbreaking strategic insights. We have, and will continue, to give you unprecedented access to thought leaders from around the world, as well as connect you to the top industry solutions providers. Together, we’ve experienced upswings and downturns in the global economy and throughout, BAI Retail Delivery has brought you the information you need to compete today and ensure profitability for tomorrow.

BAI Retail Delivery began as an ATM conference with 200 attendees and is now the largest retail financial services event in the world, bringing together thousands of retail banking professionals annually.

This is a bit of history on the conference. Look for us at the BAI Retail Delivery Conference Oct. 11-13 in the Windy City – Chicago. Our head of US Banks and Acquisitions Dominic Guardino will be hosting a roundtable discussion on Innovative Payment Solutions. Stay tuned for more details on this exciting roundtable discussion.

New Heights for Peruvian Airlines…Thanks to SafetyPay. Download SafetyPay’s Peruvian Airlines Case Study Here.

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SafetyPay offered Peruvian Airlines a solution that would allow their clients a convenient way to pay through SafetyPay’s network of banks regardless of whether they bought tickets online or through the phone. Airline customers could make payments through the Internet or directly at physical locations. Additionally, SafetyPay would collect the funds and notify the airline upon receipt to authorize ticket issuance to the client as well as send the funds daily and provide transaction/reconciliation reports.

 

Impressed with this solution, Peruvian Airlines signed a contract with SafetyPay in January of 2010. Three weeks later SafetyPay was established as the new payment method for all their flights. Merchants who partner with SafetyPay enjoy cross-promotional opportunities and access to millions of online bank customers. In Peru alone, SafetyPay is affiliated with the four top banks, accounting for over 10 million customers. Jointly with one of their bank partners (Interbank),

 

SafetyPay promoted Peruvian Airlines to a test group of 25,000 customers as a new merchant accepting SafetyPay with special offers, via both bank and SafetyPay websites, statement stuffers and flyers.

Download the full case study here.

SafetyPay White Paper Released – Download Here

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As consumers replace cash, checks and credit cards with online and mobile banking, financial institutions need to alter services and offerings to keep up with consumer demand for convenience and security. New regulations preventing fee increases require banks to find alternative income sources, and SafetyPay’s white paper illustrates the ability of banks to use innovative technology to generate revenue and deliver considerable benefits to customers.

SafetyPay’s white paper looks at the benefits of new innovative payment methods and their ability to serve as an additional revenue generator for banks. The credit card has been the predominant online payment method, however, credit cards were not invented with the Internet in mind. As ecommerce has grown, their inherent deficiencies have become more apparent – increased risk of fraud and high costs for merchants to process. Because of this, inroads have been made by new payment methods as consumers recognize their convenience and security. In fact, by 2012, new payments are projected to reach 30 percent of online payments. Financial institutions providing online payment alternatives promote greater customer loyalty and satisfaction.

“Online banking makes international e-commerce a simple and safe process for merchants and consumers alike, and banks offering modern payment options are successfully attracting and retaining customers,” said Manuel Montero, CEO of SafetyPay. “At SafetyPay, our objective is to share the immense benefits online banking channels offer. We enable financial institutions, large and small, to enlist contemporary banking methods to generate revenue and provide a fraud proof payment solution to consumers and online retailers.”

To download the full white paper, please click here