Airline Industry Recognizes SafetyPay Payment Solution

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The secure online payment facilitator, SafetyPay, has been chosen by travel industry leaders as most compelling solution for airline industry growth and profitability.

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Their solution is significantly less expensive and much more secure than other payment methods. Their ability to let consumers pay in their local currency while settling with merchants in their own currency makes global ecommerce simple and seamless.

SafetyPay™, the real time, safe online-banking payment solution that enables consumers to shop from merchants worldwide and pay directly from their bank account in their local currency, today announced that the company was chosen as the winner of Airline Information’s Lion’s Den Challenge. SafetyPay was chosen from among four presenting organizations by a panel of travel industry leaders at the Airline & Travel Payments Summit in London, Great Britain.

“We’re very excited to be recognized by industry leaders who succeed in an extremely competitive and challenging global environment,” said Manuel Montero, CEO of SafetyPay. “Their appreciation of SafetyPay’s relevancy as the only truly global payment solution that ensures zero fraud and no chargebacks, is very rewarding.”

Since 2008, Airline Information’s “Airline & Travel Payments Summit” is the only conference solely dedicated to reducing travel merchants' payment and fraud costs. With SafetyPay, consumers do not share sensitive financial information, like credit card numbers or debit card PINs. Subsequently, the company’s safe online-banking solution greatly reduces opportunities for identity theft or fraud.

“Airline and hospitality executives are rightly enthusiastic about SafetyPay,” said Christopher Staab, Managing Partner of Airline Information. “Their solution is significantly less expensive and much more secure than other payment methods. Their ability to let consumers pay in their local currency while settling with merchants in their own currency makes global ecommerce simple and seamless.”

Though consumers do not register with SafetyPay to use the service, the company provides merchants, like airlines and hotels, with marketing support to increase consumer awareness and adoption. The Lion’s Den panel recognized that these marketing efforts, along with the flexibility of SafetyPay’s solution, enable airlines to reach underserved markets and gain new customers.

About SafetyPay
SafetyPay is a real time online-banking payment solution that enables over 250 million consumers to shop from merchants worldwide and pay directly from their bank account in their local currency. The SafetyPay solution is available in the USA, Europe, Canada and Latin America. SafetyPay mitigates fraud and ensures no chargebacks while supporting mobile, call center applications, e-invoices, pay-outs and promotions. For more information please visit http://www.safetypay.com.

About Airline Information
Airline Information is an established leader and innovator in commercial aviation conferences. Since 2005, Airline Information has hosted thousands of airline and travel professionals at the company’s groundbreaking conferences, forums, workshops and networking events. Every year over 200 international airlines attend events managed by Airline Information, and over ninety percent of the airline industry's fortune 500 suppliers depend on Airline Information to connect them with airlines. For more information please visit http://www.airlineinformation.org.

For more information contact: Sasha Hernandez (786) 294-6411 ext. 252 shernandez(at)safetypay(dot)com

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Sasha Hernandez
SafetyPay
(786) 294-6411
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