India’s full service carrier Vistara, a joint-venture of Tata Sons and Singapore Airlines has inked Wirecard for enabling payment processing for all ticket bookings made by credit card via BSP (Billing and Settlement Plan).
The deal will help Vistara process international bookings quickly with a robust backend solutions framework, while keeping pace with the latest trends in technology that will help boost tourism in India.
The partnership between Wirecard and Vistara means that Visa and Mastercard will be accepted payment methods for BSP ticket bookings in nine countries, namely Germany, Australia, the UK, Japan, Qatar, Saudi Arabia, Singapore, the USA and the UAE. The IATA’s international payment system, BSP, is the platform most often used by travel agencies across the world for processing airline ticket sales.
Vistara says it has won close to 5 million customers in a short span of two years, and now transcends borders to attract people from around the world. This is possible only because of a seamless experience provided to customers across all touchpoints, of which the payment processing is a crucial element.
Wirecard notes digitization has brought about huge changes in all areas of the travel and transport industries, and this goes for airlines too. This means that the internationalization of regional airlines in particular is increasingly important.
Vistara continues to grow and gain accolades as it redefines air travel in India by challenging the status-quo in the Indian aviation sector with its unmatched excellence in offering seamless and personalized services. In a short span of a little over two years, Vistara has expanded its network to 19 destinations with over 550 weekly flights and a fleet of 13 aircraft.