Virgin Atlantic selects Nuvei as a payment partner
By Gloria Methri
UK-based international airline Virgin Atlantic has partnered with Canadian FinTech company Nuvei to enhance the payment experience of its customers. Nuvei builds on technology with customized solutions designed for some of the largest companies in the industry.
Through this partnership, Virgin Atlantic looks to provide customers with a frictionless payment experience, enabling them to pay using their preferred method globally.
As part of the agreement, Virgin Atlantic will get access to Nuvei’s proprietary modular platform designed to boost acceptance rates and accelerate revenue. The agreement is the latest in a series of partnerships with travel companies such as Air Transat, Scott Dunn, and Selina, among others.
“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 are looking forward to providing Virgin Atlantic customers with seamless, localized, and intuitive digital payment experiences, fit for a modern world.”
The company pointed to a report which predicted that the global travel industry would have a market volume of $992.10 billion by 2026. Of the total revenue, 73% would be generated through online sales, making digital payments instrumental to the industry’s growth.
Keli Sandeman, Payment Strategy Manager at Virgin Atlantic said, “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 are looking forward to taking our payment strategy to new heights, by working with Nuvei,” Sandeman said.
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