airline payments

Aviation Technology
Airline News, Travel Technology

IATA Airline Payment Framework Reshapes Aviation Commerce

The International Air Transport Association has introduced an updated Airline Payment Framework to help carriers transform payments from a back-office process into a strategic driver of revenue, customer experience and financial performance. Published as the Airline Payment Framework–Management Foundation, the initiative gives airline management teams a structured approach to payment strategy, governance, technology, risk, settlement […]

airline payments
Airline News, Travel News

Scandinavian Airlines and ARC introduce flexible split-payment flight bookings

Scandinavian Airlines and Airlines Reporting Corporation (ARC) are reshaping airline booking payments with a major new system that allows travelers and travel agencies to split the cost of a single SAS ticket across multiple payment methods within one transaction. The move marks one of the airline industry’s most significant payment modernization developments in recent years

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