Royal Jordanian and cashU Partner to Provide Additional Payment Options
Monday, 21 January 2013
airlines plan to offer more payment options
Amman, cashU, a secure online payment provider and Royal Jordanian today announced a new partnership that enables RJ customers worldwide to complete secure transactions using cashU’s prepaid cards.
Alternative payments such as prepaid cards are predicted to play a major part in airline transactions by 2015 increasing to 23% from 19%, where it currently stands at.
The online process involves the airlines customers selecting the cashU icon as a payment method. Once completed, Royal Jordanian will redirect the online customer to the cashU payment page with details of the purchase. The online customer required to enter cashU account number and pin code in order to authorize payment. Once payment is made, cashU will immediately transfer the amount to the airline followed by a successful transaction confirmation sent to the online customer.
Amer Hadidi Roayl Jordanian's president and CEO said: “The partnership between cashU and RJ is reflective of the current Middle East market, illustrating the rise in prepaid cards as an alternative payment method.
“We have opted for this deal to offer our customers an alternative method of payment. Through cashU Prepaid, customers can have access to a secure, flexible and convenient payment method that enhances their planning and booking experience. It will also reduce the chances of last minute abandoned sales.”
Martin Waldenstrom, CEO of cashU added: “Both RJ and cashU will enjoy extensive exposure through this deal, not only among their existing customers but also potential ones. Having cashU integrated as a payment method will provide users with access to a whole new category, in which they can use their accounts to make safe and secure online transactions. This indicates the importance of having a prepaid online payment options besides the traditional methods available.”