Airlines are focused on innovating their mobile payment offerings to capture anticipated revenue potential, according to the Alternative Payment and Distribution Landscape: Airlines and Alternatives – The Facts whitepaper, launched by WorldPay, a leader in airline settlements and payments.
The whitepaper, based on a research study of 56 global airline carriers – from low cost to traditional – found that mobile payments (payments for transactions made on a mobile device) are now a key area of focus for airlines: 57 per cent of airlines said mobile has the greatest potential to drive revenue over the next two years – equal to credit cards (57 per cent).
The acceptance of mobile payments has already grown to 25 per cent in 2013, an increase from 10 per cent in 2012.
Read full story at:http://www.financialexpress.com/news/airlines-focus-on-innovating-mobile-payment-offerings/1210821
