Emirates launching industry first new payment solution

Saturday, 06 Jul, 2021 0

Emirates is launching a new payment solution for flight bookings called Emirates Pay.

It is a new account-based payment method for purchasing air tickets and is now available for Emirates customers in the UK and Germany when they book flights online.

Emirates is the first airline to launch this payment alternative powered by a white-label solution jointly developed by the IATA in partnership with Deutsche Bank.

Michael Doersam, Chief Financial Officer at Emirates said: "We’re pleased to be the first airline to roll out this new account-based solution for our customers. Our aim is to provide our customers with choice, convenience, and the best possible experiences. Customers who don’t have a credit card, and those already using direct payments for other purchases, will welcome the simplicity and security of this method.".

Emirates Pay is based on real time payments and Open Banking / Request-to-Pay schemes.

The airline provides all the necessary account and payment information and passengers approve the payment initiation in a convenient way via their online or mobile banking.

It offers a cost-competitive payment alternative for airlines with faster settlement times and says it reduces payment fraud.

Emirates says it ensures more secure and frictionless payment options, including account-to-account payments.

below social share icons

TravelMole Editorial Team

Editor for TravelMole North America and Asia pacific regions. Ray is a highly experienced (15+ years) skilled journalist and editor predominantly in travel, hospitality and lifestyle working with a huge number of major market-leading brands. He has also cover in-depth news, interviews and features in general business, finance, tech and geopolitical issues for a select few major news outlets and publishers.

We are a small-group adventure travel operator offering more than 750 tours in 100 countries, on all seven continents. Our...

Discover Sarawak Revealing a side of Asia unlike anywhere else, Sarawak offers an alternative for those seeking humble authenticity far...

Arival advances the business of creating amazing in-destination experiences. We provide events, insights, and community for creators and sellers of...

Travel Outlook, the premier hotel call center™ Travel Outlook is an innovative, custom off-site central reservations office (CRO) service that...

Palladium Hotel Group is a renowned Spanish hotel chain that first emerged towards the end of the 1960s. Currently present...

Why Avalon Waterways: Happiness flows on an Avalon river cruise. From Asia to South America and Europe to the Nile,...

Atout France guides and supports the French regions with their development strategy and helps set up investment projects in order...

The city has been the vibrant heart of Japan for over 400 years, and is a crossroads where tradition meets...

At Wilderness Safaris we believe in creating life-changing journeys and have been doing so for over 39 years. Our purpose...

We’re here to provide the very best experience in train travel. From booking your ticket, to asking us a question...

Cunard is the operator of luxury cruise ships Queen Mary 2®, Queen Victoria® and Queen Elizabeth®. Renowned for impeccable White...

Take your clients’ vacation to the next level at Universal Orlando Resort™. With three amazing theme parks – Universal Studios...

Since 1932, P&O Cruises has offered Aussies and Kiwis the opportunity to take to the seas and have the holiday...

AXA Assistance specializes in best-in-class cost containment, health and travel services. Over 60 years of experience combined with a US and...

Consisting of the three Maritime provinces of New Brunswick, Nova Scotia, and Prince Edward Island as well as Newfoundland and...

We work with reliable data providers with global coverage, that guarantee data representativeness as well as compliance with International Personal...