Fintechs power airline bookings
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 tripmoba.com® 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 tripmoba.com® 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.