upliftis a pay now (BNPL) solution serving the world’s top travel brands and has partnered with Amadeus for customers in the US and Canada.
A survey of travelers found that 68% would spend more on travel if the BNPL option was available. Yes, if you are planning a trip.
BNPL options have emerged in recent years as a way to spread the cost of a purchase over multiple monthly payments to provide travelers with additional flexibility. That is why Amadeus has partnered with travel specialist Uplift to offer BNPL services to the popular Amadeus Xchange Payment Platform (XPP) as part of a multi-provider BNPL ecosystem dedicated to travel.
XPP is used by hundreds of airlines and travel agencies to power all aspects of payments, from fraud prevention to payment acceptance. Now, airlines, travel agents and hotels can easily add his BNPL option to their sales channels via a single connection to Amadeus, thus helping travelers across the industry to ‘uplift’ BNPL options more. It becomes easy to use. Travelers can choose to pay for their trip in a series of installments over 6, 9 or 12 months.
BNPL is already common in the retail industry, but it is particularly well suited to the travel industry as prepayment at time of booking is commonly required.Amadeus research Among more than 5,000 travelers, 68% indicated they would spend more on travel if the BNPL option was available, and 49% would buy airline ancillaries. I’m sure it’s high.
beatrice shaved, Head of Partnerships and Payments, Amadeus said: Such payment options will help travel recover by driving potential demand for higher value vacations as travel restrictions are lifted.
She continues:
Tom BottsChief Commercial Officer, Uplift added: “Travelers increasingly prefer the option to pay for their trip in installments, with more than two-thirds of Uplift users choosing BNPL. BNPL has become the standard payment method for the entire trip.
Travel providers who currently rely on the Amadeus Xchange Payment Platform can quickly and easily add Uplifts flexible payments and immediately benefit from enhanced customer loyalty and increased bookings.