Munich-based Wirecard has taken over the acquiring customer portfolio from Lufthansa AirPlus Servicekarten. Airplus is Germany’s top provider of payment and settlement solutions for business travel.
JPMorgan Chase & Co. Global Commercial Card business and AirPlus International forged a strategic partnership to help multinational organizations optimize processes and strengthen control of their corporate card and travel expense management programs. This will provide leading solutions to both business travellers on the road and their travel managers at home. By integrating AirPlus’ innovative approach and expertise in corporate travel payment with J.P. Morgan’s strength in global corporate banking services, the partnership will bring powerful benefits to organizations around the world. This arrangement will generate new solutions in the corporate travel payments industry over the coming months.
AirPlus International travel payment and analysis solutions released its ‘Wire…from AirPlus,’ entitled “Ancillary Aggravation Eases.” It shows 44% of corporate travel managers are not tracking airline ancillary fees but many are finding ways to review them. Meanwhile, 38% rely on travelers to include fees manually in expense reports, while only 7% include fee menus and 15 percent have automated capabilities built in to their expense reporting tools. Other tracking options include the five% who track through their travel management company (TMC) and 11% who rely on corporate card data.
AirPlus International expense analysis and payment solutions partnered with Santander, BNP Paribas, UBS and Nordea to provide companies the optimal solution to worldwide travel cost management challenges with its “NextGen” system. Offering an all-in-one tool for professional business travel management that integrates the corporate cards, lodge cards and management information system (MIS) solutions, “NextGen” focuses on professional travel management globally. For users, it circumnavigates excessive locally provided tools that might fail to meet the needs of their modern global travel management.
AirPlus International, a leading global provider of corporate travel payment and analysis solutions, released May’s “The Wire…from AirPlus” titled: “Mobile Tools Remain an Area of Opportunity for Travel Managers.” With more mobile tools available than ever before, almost two-thirds of travel managers believe that more than half of their travelers carry a smart phone. Only 10% of the companies sanction their preferred apps and tools.
AirPlus International corporate travel payment solutions has released Januaryâs The Wireâ¦from AirPlus entitled: “Multiple Policies, Multiple Processes.” Findings disclosed only 39% had one comprehensive policy and one comprehensive platform for processing business travel expenses and reimbursements while 24% stated several policies and multiple platforms were standard for their companyâs T&E management. Additional findings in “Multiple Policies, Multiple Processes” disclosed 56% felt the main benefit of an integrated and cohesive approach are the efficiencies gained from streamlining internal processes. AirPlus International provides savings to over 32,000 customers worldwide through a suite of business travel payment solutions which include central bill accounts, corporate cards and online management tools.
AirPlus International corporate travel payment solutions has released
the November edition of “The WireÃ¢ÂÂ¦from AirPlus” focused on the proposed
U.S. Travel Promotion Act, of which more than 60% of respondents were
not aware. Additional findings show 29% were unsure of the details of
the Act; over 53% were unsure how the money collected would be used; and
73% felt that if implemented, the fees would be reciprocated for U.S.
travelers into other countries. “The WireÃ¢ÂÂ¦from AirPlus” is a monthly
report on the pulse of the industry and its relevant topics while the
November edition is based on a survey of 96 travel management
professionals in North America, Europe, Africa and Asia/Pacific.
Corporate travel provider Universal Air Travel Plan has partnered with global payment solution NxSystems.
NxSystems product line includes domestic and international
prepaid cards that are processed through a proprietary multi-currency payment platform
gateway that allows worldwide access to e-banking, e-payments and e-commerce.
NxSystems brings to the UATP partnership the unique ability for
split-tender payments, domestically and internationally.
Split tender will enable consumers to use the voucher prepaid debit card in a multitude of currencies with
combined payment options, for use around the globe. NxSystems’ proprietary
“NxPay Payment Platform Gateway” software provides consumers with a global payment
solution that links prepaid debit cards to its multi-currency payment platform,
creating an innovative and comprehensive web-enabled solution. Real-time transactional
information can be managed globally.
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Universal Air Travel Plan (UATP) is set to co-host the upcoming Airline
and Travel Payments Summit December 2-3 at the Miami Wyndham in
conjunction with the Airline Information consulting firm. On the agenda
for the summit are such topics as; combating online & call center fraud;
reducing costs with Alternative Forms of Payment; emerging Markets &
LACAR Payments Issues; balancing payment costs versus co-brand credit
card income; mobile payments; prepaid and Gift Cards in the
airline/travel industry; payment Type Surcharges; and managing Payment
Costs. To encourage participation, registration rates have been kept
low. For more information, visit http://uatp.com or
http://airlineinformation.org or the event website
GOL Linhas Aereas Inteligentes low-cost airline has become the first
airline in Latin America to issue UATP accounts GOL “Corporate Card”
targeting business customers. Accepted by more than 250 associated
airlines, representing over 95% of all passenger air travel capacity
worldwide, UATP is designed to lower the cost of sale by reducing or
eliminating credit card transaction fees to airlines. The network
provides corporations direct payment, allowing to avoid foreign currency
conversion fees, annual fees and per card fees. Subscribers enjoy
transactional data on all air travel purchases, simple enrollment,
payment and reconciliation processes. GOL will use UATP’s “Processing
Solutions” hosted billing system and corporate portal, allowing
corporations to assign individual UATP account numbers.
The Office of Government Commerce (OGC) has allowed public sector
agencies MasterCard electronic payment solutions for their procurement
activities under its new Framework Agreement. running from 2010-2014.
The agreement allows for MasterCard solutions, including the MasterCard
“Purchasing Card,” the “SmartData Online” and its “InControl,” made
available to the 3,300 national, regional and local public sector bodies
in the UK through financial institutions AirPlus, Barclays, J.P. Morgan
and RBS Group. The 44,000 disparate buying units across the UK public
sector will also be able to use MasterCard payment solutions as tools to
streamline and improve purchase-to-pay processes. The “inControl”
platform allows financial institutions to provide government agencies
enhanced authorisation controls to direct how, when and where payment
cards may be used while the “Purchasing Card” allows public sector
organizations to leverage data reporting, integration and management
tools through “SmartData Online”.