AGENCY FLY NOW PAY LATER FULL

The terms and interest rates may vary depending on the financing company and the customer's credit score.

Repayment: Customers are required to repay the travel loan in installments over a specified period.

Booking Confirmation: After loan approval, the flight booking is confirmed, and customers receive their e-tickets.If approved, they provide a credit limit and terms of the loan. Loan Approval: Once the application is submitted, the financing company evaluates the customer's creditworthiness and financial situation.They may need to provide personal and financial information for the approval process. Application and Approval: Customers are redirected to a financing company's website or application portal to complete an application for a travel loan.Payment Option: During the booking process, customers can choose the 'Fly Now, Pay Later' option as their payment method.Selection of Flights: Customers browse through available flights on the airline's or travel agency's website and select their preferred itinerary.Here's a step-by-step breakdown of how it works: How Does It Work?įly Now, Pay Later typically operates through partnerships between airlines, travel agencies, and financing companies. In this blog post, we will explore how Fly Now, Pay Later works and its various aspects. It has gained popularity as it provides flexibility to those who may not have the immediate funds to cover their travel expenses. This site also includes relevant affiliate links (both in the content and on the sidebar) all of which we do our best to clearly mark as such.įly Now, Pay Later is a financing option that allows travelers to book flights and pay for them at a later date. It contains paid banner advertisements that are generated and managed by a third-party network.

AGENCY FLY NOW PAY LATER FULL

The full list of the key benefits of Worldline’s TravelHub solutions can be found here.*Vacation Mode is a for-profit site. We’re all about making sure that travel payments work for everyone, so welcome the opportunity to work with merchants to help their customers spread out the cost of a hotel, flight or holiday.”

Jasper Dykes, founder and CEO at Fly Now Pay Later: “As a dedicated team of travellers committed to making paying for travel simpler and fairer, we are delighted to announce the partnership with Worldline as a highly respected pioneer in secure payments and trusted transactions. Ultimately, through this service, merchants are well placed to gain additional customers attracted by the ability to spread the load of their holiday expenditure, while still enjoying the security of receiving a single up-front payment from the BNPL provider.” Established TravelHub merchants can make use of the service straight away, through a simple two-step process, by adding a button to their checkout page and signing a contract with Fly Now Pay Later.ĭamien Cramer, Global Head of Airlines and Travel at Worldline: “We’re excited to ensure that travel merchants can now benefit from the growing popularity of the Buy Now Pay Later phenomenon. The service is available for merchants who are connected to TravelHub, Worldline’s payment technology specific to travel merchants offering over 150 payment methods and currencies, multi-acquiring, tokenisation and a range of fraud prevention services, available through a single integration with single reporting and settlement. The service also helps reduce fraud as travel providers receive their total payment upfront from the BNPL provider. Merchants benefit from a higher conversion rate, improved average order value, and an increase in direct bookings by offering BNPL at checkout. Consumers are able to enjoy the convenience of lower upfront costs, reduced or zero interest charges and more available travel cash – giving them a much smoother user experience. Industry data indicates that 68% of travellers will spend more than usual on their travel plans and 49% will buy ancillary services when BNPL is available. BNPL is an instalment payment solution which allows consumers to make purchases and pay for them over a period of time.

Agency fly now pay later