Velocity to Boost Mobile Payment Solutions in Aviation Sector

SINGAPORE: Embracing payments on the go, CellPoint Mobile unveils a Mobile PSP-as-a-Service solution for airliners. The latest solution, Velocity, aims to tap revenues from passengers and travelers by adopting innovations in mobile payments.

Leveraging Velocity, airliners can deploy popular payment solutions, apps and alternative payment methods (APMs) seamlessly and securely. It can be used as a plug-and-play business service and capture the revenue potential arising from the growth and promotion of mobile payment technologies.

CellPoint Mobile offers Velocity in three flavors such as Velocity Engage, Velocity Accelerate and Velocity Advance which address various business needs. All solutions offer reporting features, data security, fraud protection and value added services. They can also be integrated with API & SDKs.

"Bolting mobile-centric payment capabilities onto legacy commerce systems is not aviable or profitable strategy in a marketplace that is rapidly shifting toward a mobile-first, mobile-only airline passenger," says Kristian Gjerding, CEO, CellPoint Mobile. "Our solutions and platform have been built specifically for the mobile environment, making it both easy and quick for us to offer PSP functionality and APM support to airlines - regardless of a passenger's device, channel, preferred payment method or currency. With Velocity, airlines can stay current with the speed of innovation by such industry players as Google, Apple, Facebook, Amazon, PayPal and device manufacturers."

Velocity Engage

Velocity Engage offers two global APMs to integrate into the payment system and extend customer reach. Leading payment solutions such as Android Pay, Apple Pay, Visa and Samsung Pay are part of the listed APMs. Transactions occurring thru Velocity are protected at system level with security features including tokenization, real-time monitoring and PCI DSS Level 1 compliant platform.

Velocity Accelerate

Velocity Accelerate supports five APMs and three acquires that can back chosen mobile wallets and APMs. It also supports stored payments for seamless and convenient payment experience for users and build loyalty.

Velocity Advance

Velocity Advance supports 10 APMs and offers split tender payments for easier payment modes. The solution also provides dynamic currency conversion by presenting preferred currency options to users within the payment cycle.