Air Transat has signed a new contract with Nuvei for its payment platform. The platform also provides additional services including revenue-accelerating approval rate optimisation and fraud management capability.
Commenting on the collaboration, Annick Guérard, President and CEO at Air Transat, said: “We believe our relationship with Nuvei goes far beyond that of a typical payment service provider. From the beginning of our engagement, the Nuvei team has shown a deep knowledge of payments and the airline sector, as well as a desire to understand our challenges and help us find solutions to them. By choosing to partner with Nuvei, we are not only expanding the payment options we can offer to our travelers, but also improving the management of our working capital. Both can have a direct positive impact on our business”
Through its partnership with Nuvei, Air Transat has secured card acquiring capabilities with enhanced payment processing in 39 markets globally. This number is expected to grow as the partnership progresses with the addition of more payment options and upcoming support planned.
Nuvei Chair and CEO Philip Fayer said: “We are seeing, time and time again that payments, when done right, are a formidable revenue accelerator for our customers, whether that’s through payment orchestration, customized solutions or offering the payment method consumers want. We’re happy to work with Air Transat, a fellow global organisation with a shared Canadian heritage, as we help them evolve and expand their payment capabilities internationally.”