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Fintech Adyen partners Singapore Airlines to facilitate digital payment

Adyen will support the airlines in providing payment experience for customers across the globe

Singapore Airlines announced today that it has partnered with Adyen, the global fintech platform that assists companies for digital payment. With the partnership, Adyen and the airlines will seek to provide enhanced payment experience every time customers book flights online or in-app.

Furthermore, the partnership will include the use of Adyen’s direct credit card acquiring capabilities which eliminates the need to run payments across multiple third-party platforms. The airlines will leverage on Adyen’s RevenueAccelerate.

The solution taps on Adyen’s global, cross-industry data network to block fraudulent transactions, leaving the genuine travelers unobstructed. With this approach, Singapore Airlines can identify legitimate customers.

“At Adyen, we have seen that payments data can be the jet fuel that powers global expansion for airlines. Payments data remains a valuable resource for companies who seek to understand their customers better and improve revenue. We aim to provide just that for Singapore Airlines, to give their customers a great booking experience from the get-go,” said Warren Hayashi, President of Adyen, Asia-Pacific.

Also Read: Japan plans to increase internal security in crypto exchanges

Singapore Airlines said that since working with Adyen, it has enjoyed “an increase in authorization rates, flexibility on fraud risk management, and richer data insights”. ,

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