back Back

Noda and Tickets Travel Network partner for seamless payments

By Gloria Methri

October 05, 2023

  • Account-to-Account Payment Solutions
  • Data Reconciliation
  • Europe
Share

Noda, Instant Bank Payments, A2A Payments, FinTech, Tickets Travel Network, EuropeOpen banking provider Noda has joined forces with Tickets Travel Network in Europe to facilitate instant open banking payments within the travel industry.

Tickets Travel Network, known for its service across various European locations, including Latvia, Lithuania, Estonia, Netherlands, Spain, Italy, Austria, Germany, France, and Poland, has now integrated Noda’s Open Banking platform. This integration facilitates secure and direct account-to-account (A2A) payments, providing a seamless payment experience for travellers.

Noda’s Open Banking platform enhances the reconciliation process for Tickets Travel Network by providing daily settlements for the previous day’s transactions. This T+1 payout initiative accelerates the payment process, allowing Tickets Travel Network to settle with suppliers expeditiously on a daily basis.

This synergy also introduces the option for user refunds or payouts, ensuring satisfaction and trust among travellers should service discrepancies occur. The capability to accept funds in different accounts across multiple currencies further enhances the operational efficiency of Tickets Travel Network.

Michael Bystrov, Chief Revenue Officer at Noda, expressed his enthusiasm about the collaboration, stating, “This partnership with Tickets Travel Network not only marks our foray into the travel sector but also sets a precedent in delivering cutting-edge payment solutions. We are thrilled about the positive impacts and the new benchmarks we are setting in the travel industry together.”

Sergiy Tikhiy, Head of Payment Systems at TTN Travel Holding, added, “We are beyond excited to kick off our partnership with Noda, a trailblaser in open banking solutions. Noda’s superior technology will empower us to offer instant, secure, and hassle-free transactions, marking a significant step towards achieving a frictionless payment ecosystem. As the leading travel entity, we believe this synergy with Noda will not only enhance our operational efficiency but also significantly uplift the satisfaction and trust of our customers.”

Previous Article

October 05, 2023

FullCircl & nCino partner to streamline financial services for SMEs

Read More
Next Article

October 05, 2023

Uzum to invest $300 million in Uzbekistan’s new digital economy

Read More






IBSi Daily News Analysis

June 21, 2024

Account-to-Account Payment Solutions

Industry experts react after India FIU fines Binance $2.2m, signaling tougher digital asset regulations

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

June 21, 2024

MECCA & Adyen to offer a seamless payments experience in Australia

Read More

June 21, 2024

Vipps, MobilePay launch cross-border P2P payments in the Nordics

Read More

June 21, 2024

FinTech Focus: Catch latest developments of the week

Read More

Related Reports

Sales League Table Report 2024
Know More
Global Digital Banking Vendor & Landscape Report Q1 2024
Global Digital Banking Vendor & Landscape Report Q1 2024
Know More
Wealth Management & Private Banking Systems Report Q1 2024
Wealth Management & Private Banking Systems Report Q1 2024
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q1 2024
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
close-link
Get your copy now! IBSi Sales League Table 2023