back Back

justfly.com taps FinTech Accrue to launch ‘Pay by Bank’ feature

By Gloria Mathias

August 30, 2024

  • Accrue Savings
  • Canada
  • FinTech company
Share

Online travel agency justfly.com has announced the launch of its new ‘Pay by Bank’ feature, powered by Accrue, a FinTech company that enables partners to launch customized banking, loyalty, and payment solutions quickly.

“We are thrilled to partner with Accrue to introduce the ‘Pay by Bank’ feature to our customers,” said Christina Allen, justfly.com, Vice President of Partnerships. “This new payment option aligns with our commitment to providing our customers with seamless and rewarding travel booking experiences and making travel more accessible. The loyalty rewards and faster settlement times are just the beginning of the benefits we aim to offer.”

On the justfly.com website, the ‘Pay by Bank‘ feature allows users to make payments directly from their bank accounts. It eliminates the need for traditional payment methods such as credit cards or Buy Now, Pay Later (BNPL) solutions. This streamlined checkout process simplifies transactions and provides significant benefits for both customers and the platform.

“By leveraging the innovative capabilities of Accrue’s ‘Pay by Bank’ solution, we are not only enhancing the convenience for our customers but also driving retention right from checkout with a reward for their next purchase with us,” said Michael Hershfield, Accrue CEO and Founder. “This partnership demonstrates our commitment to offering top travel options while delivering a user-friendly and efficient customer experience.”

Advantages for justfly.com include:

  • Lower Transaction Costs: justfly.com can reduce transaction costs associated with credit card processing fees by incentivizing users to pay directly from their bank accounts. This cost-efficiency is a win-win, as savings can be passed on to customers through competitive pricing and exclusive discounts.
  • Enhanced Acquisition Strategy: The ‘Pay by Bank’ feature is a strategic acquisition tool that helps attract new customers to the platforms. By offering a straightforward and rewarding payment option, justfly.com can differentiate itself in the competitive travel market.
  • Increased Customer Retention: After purchase, users log in to the wallet to claim their reward, which encourages repeat purchases and fosters customer loyalty.

Previous Article

August 30, 2024

Hitachi Payment Services unveils ‘Android-based Cash Recycling machine’

Read More
Next Article

August 30, 2024

The Weekly Wrap: all you need to know by Friday COB | August 30th

Read More






IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

February 05, 2025

Tap, pay, spend: How digital payments are surging in Southeast Asia & India

Read More

February 05, 2025

Al Fardan Exchange, Visa launch real-time global remittance service

Read More

February 05, 2025

PRECISION and FinMont partner to combat payment fraud in travel

Read More

Related Reports

Sales League Table Report 2024
Know More
Global Digital Banking Vendor & Landscape Report Q4 2024
Know More
NextGen WealthTech: The Trends To Shape The Future Q4 2023
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q4 2024
Know More