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Mobile Payments

M-payments acceptance by airlines has increased to 25% -report

Thursday 19 December 2013 | 12:17 PM CET

Mobile payments (payments for transactions made on a mobile device) are a key area of focus for airlines, with a mobile payments acceptance increase of 25%, a recent study has revealed.

According to a whitepaper entitled ‘Alternative Payment and Distribution Landscape: Airlines and Alternatives – The Facts’ launched by WorldPay, global provider of payment and risk services, 57% of airlines said mobile has the greatest potential to drive revenue over the next two years, equal to credit cards (57%). The acceptance of mobile payments has already grown to 25% in 2013, an increase from 10% in 2012.

In recent news, Valve, a US-based video game developer, has selected WorldPay for its payment services for processing video game transactions globally.

For more information about WorldPay, please check out a detailed profile of this company in our dedicated, industry-specific online companies database.

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