Thai Airways tests out Amadeus, Elavon, Mastercard payments solution

Amadeus, Elavon and Mastercard have partnered on the Amadeus B2B Wallet Partner Pay solution.

This is currently being used by Thai Airways and Select Travel, a travel agency based in Sweden, as part of a trial. When the latter initiates a payment on a Thai Airways booking, it now uses a Thai Airways branded virtual card from Mastercard. Elavon acts as the acquiring bank so the airline can accept payments initiated by a wide variety of banks within Mastercard’s network.

The new solution covers the entire payment flow between the two companies. Savings are achieved in part by a reduction in interchange fees with each of the three technical partners contributing to efficiencies in fraud, cash flow and chargebacks.

A spokesperson for Thai Airways says: “We’re pleased with the results of the pilot and view this new approach as an important way to build closer ties with travel agencies. We think it’s a ‘win win’ for us and our partners.”

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