India-based IBS Software, a globally leading SaaS player in the aviation, travel and hospitality industry, announced a partnership with Stripe, a financial infrastructure platform for businesses, to provide an increased range of payment solutions.
The payment solutions will be offered to the company’s clients using its software product iStay.
IBS Software currently works or previously worked with leading airlines such as Emirates and Etihad, besides a number of companies in the travel and hospitality sectors in the UAE and the region to improve their operational efficiencies in a number of areas, including crew management, cargo and bookings.
“iStay and Stripe built this partnership using Stripe’s Connect product to offer the fastest and easiest way to integrate payments and financial services into client companies’ software platform or marketplace,” IBS said in a media release.
The company said this technical integration is available immediately for IBS Software customers.
IBS said the partnership will enable hospitality groups to improve the traveller experience and personalise key steps of the traveller journey, making purchase moments easier and potentially more frequent.
In an effort to give travellers more options, the Stripe integration will support both online and in-person payment processing, it said.
For customers, this seamless integration allows them to benefit from modern payment solutions and an abundance of choice when it comes to how they pay for their travel.
“Businesses will be able to offer features like a one-click booking experience and access to popular payment options like instalments and buy now, pay later methods,” IBS said.
“Not only will these options be available at the time of booking, but at multiple points throughout the guest journey from in-room dining to tours and activities to parking, all bookable through saved payment methods, reducing friction and time spent on the customer’s side arranging payment during repeat visits,” it said.
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