Fin­techs power air­line book­ings

The Philippine Star - - BANKING & FINANCE -

Air­line book­ing plat­form provider Transna­tional eGlobal Inc. (TeGI) has part­nered with fi­nan­cial tech­nol­ogy firm FDFC to al­low cus­tomers seam­lessly pay for flights over time.

TeGI, the travel com­pany be­hind trip­® and the fin­tech pow­er­ing the in­stall­ment pay­ment plat­form Bil­lEase said the part­ner­ship would give cus­tomers greater ac­cess to lo­cal and in­ter­na­tional travel by of­fer­ing them a quick and sim­ple way to book now, pay later.

TeGI pres­i­dent Carlo Sev­erino said trav­el­ing could be ex­pen­sive whether you’re trav­el­ing lo­cally or across the world.

“As a book­ing plat­form for new gen­er­a­tions of trav­el­ers, we are pleased that our part­ner­ship with Bil­lEase will give our cus­tomers a sim­ple pay­ment op­tion to make book­ing air­line tick­ets more af­ford­able,” Sev­erino said.

With this new pay­ment so­lu­tion, cus­tomers will have the flex­i­bil­ity to choose how and when they want to pay, tai­lor their travel bud­get, and ul­ti­mately en­joy their dream va­ca­tion.

Cus­tomers can ap­ply for in­stall­ment at check­out and pay through Bil­lEase.

Bil­lEase will en­able cus­tomers with no bank ac­counts or credit card to book do­mes­tic and in­ter­na­tional flights on monthly in­stall­ments and re­pay them over a pe­riod of three, six, or 12 months, with in­ter­est rate be­tween zero and 2.49 per­cent.

“To­gether with trip­® we see a huge op­por­tu­nity to em­power Fil­ipino trav­el­ers by of­fer­ing flex­i­bil­ity that re­duces the anx­i­ety re­lated to pay­ing ev­ery­thing in ad­vance,” said Ge­org Steiger, Co-Founder and CEO at FDFC.

“Mil­lenial and Gen Z trav­el­ers seek awe­some ex­pe­ri­ences and we want to en­sure that their pay­ment jour­ney is also a great ex­pe­ri­ence,” he added.

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