CellPoint Mobile has unveiled Velocity, the payment industry’s first Mobile PSP-as-a-Service (MPaaS) solution to help airlines deploy popular mobile payment solutions, payment apps, and alternative payment methods (APMs) quickly, profitably, securely and without friction to existing financial systems.
Created specifically for airlines and travel operators, CellPoint Mobile’s Velocity turns Payment Service Provider (PSP) functionality into a plug-and-play business service, enabling airlines to leverage the revenue potential that arises from the unparalleled growth and promotion of mobile payment technologies, while meeting rising passenger demand for secure and very convenient shopping on payment-enabled smartphones, wearables and mobile devices.
Velocity’s three scalable service options– Engage, Accelerate and Advance – let airlines align mobile payment functionality with their immediate business needs, markets and revenue goals. Engage, for example, supports the rapid roll-out of two popular global consumer wallets or payment apps, Accelerate supports three more APMs and added payment functionality, and Advance integrates up to 10 payment methods per market and full reporting capabilities for airlines interested in robust mobile payment strategies.
CellPoint Mobile rolled out Apple Pay functionality with an international carrier in August 2015 and it was also the first provider to integrate the Android Pay in-app solution in a major airlines app with Emirates in May 2016.
Key features of Velocity include:
• Immediate access to multiple PSPs, acquirers, payment apps and value-added services
• A PCI DSS Level 1 certified card vault and an APM aggregator solution to support and roll out APMs quickly and easily
• A central, self-service platform for payment configuration, reconciliation, customer service and reporting across all business and sales channels
• Flexibility around choosing, editing and updating the right mix of PSPs and acquirers to take advantage of best rates and direct-channel sales.
CellPoint Mobile also supports MasterPass, Mobile Pay, Samsung Pay and Visa Checkout; it can add dozens of other APMs as needed by airlines.
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