By Amelia Isaacs on Thursday 16 June 2022
The payment orchestration platform will provide the airline with a pan-European solution.
The long-awaited post-covid travel boom has hit, and APEXX Global is partnering with Ryanair to try to keep the airline’s low-cost delivery down.
The payment orchestration platform aims to ‘transform’ the airline’s existing legacy payments infrastructure and provide a pan-European payments solution.
It says it will boost Ryanair’s conversion rates and lower local and cross-border transaction costs, helping the airline continue to deliver low-cost delivery.
The payments platform will boost both cross-border and local payment conversion rates, increase efficiencies and reduce the cost of Ryanair’s payments it says, enabling the airline to take full advantage of the recent return of international travel.
“The entire travel industry has faced huge challenges due to the pandemic, which makes it more important than ever to have a payments process that is as seamless and efficient as possible,” Ryanair group treasurer John Norton said.
“APEXX’s approach prioritises merchants, lowers costs and boosts conversion rates, which means that we are well-positioned to capitalise on the rebound in international travel across Europe.”
APEXX combines acquirers, gateways, shopping cars and alternative payments methods into one API connection, and enables transactions through a single integration.
“Our partnership with Ryanair proves that payment orchestration has come of age and that payment innovation will remain critical to future customer satisfaction and cost control,” APEXX co-founder and CEO Peter Keenan said.