The international airline is the latest in a series of partnerships supporting the booming travel industry
Nuvei Corporation, the Canadian fintech company, announces that it has partnered with one of the world’s most prominent airlines, Virgin Atlantic. Nuvei builds on its exceptional technology with customized solutions designed for some of the largest companies in the industry.
By partnering with Nuvei, Virgin Atlantic will provide customers with a frictionless payment experience; enabling them to pay using the methods they know and trust, globally. The agreement gives Virgin Atlantic access to Nuvei’s proprietary modular platform designed to boost acceptance rates and accelerate revenue. This agreement is the latest in a series of partnerships with leading travel companies such as Air Transat, Scott Dunn, Selina, and others.
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“We have always shown a commitment to accelerating business for the travel industry and our recent partnerships in the space are reflective of this,” said Philip Fayer, Nuvei Chair and CEO.
“We’re looking forward to providing Virgin Atlantic customers with seamless, localized and intuitive digital payment experiences, fit for a modern world,” Fayer added.
The global travel industry is projected to have a market volume of US$992.10bn by 2026 . 73% of the total revenue will be generated through online sales by 2026, making digital payments instrumental to industry growth.
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Commenting on the partnership, Keli Sandeman, Payment Strategy Manager at Virgin Atlantic stated: “We chose to work with Nuvei because we too believe that strategic payments can accelerate revenues; they are a key touchpoint with our customers – another chance to impress.
“From the outset, we formed a true partnership with the Nuvei team. Their deep global payment expertise is complemented by their human approach to doing business and desire to work with us to accelerate our business growth. We’re looking forward to taking our payment strategy to new heights, by working with Nuvei,” Sandeman said.
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