By joining the Fintech and Payments Services Strategic Partnership Program, the payments company will contribute to the creation of IATA policies and regulations on behalf of its member airlines.
This initiative will enable payments across web, mobile, MOTO (mail order telephone order), NDC (New Distribution Capability), and PCI-DSS compliant chip and pin terminals. It also supports IATA’s plans to create a unified gateway, allowing airlines to increase their payment diversity and acceptance. For passengers, this means a consistent payment experience across all airlines’ touchpoints.
In addition, Worldpay will support the upgrade and rollout of IATA’s new Billing and Settlement Plan (BSP) file format (DISH23). With pre-integration in over 100 BSP countries, Worldpay will be able to help airlines consolidate their local BSP acquiring relationships into one global account.
For more information about Worldpay, please check out a detailed profile of this company in our dedicated, industry-specific online company database.
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