To boost safety for journey retailers and their prospects, Etraveli Group, the flight know-how supplier, has introduced a partnership with PRECISION, the flagship product of the group’s fintech arm, EG Fintech Options, and Mastercard Gateway, the worldwide fee community.
Working along with Mastercard, EG Fintech Options’ PRECISION will present higher fee transaction safety within the journey business. Combining its journey fraud experience with Mastercard’s international funds community, PRECISION may even be capable of present real-time danger insights and fee experiences to journey retailers and prospects.
Stated retailers will be capable of develop confidently in a posh fraud panorama, all whereas lowering friction and enhancing belief on account of the partnership. This builds on PRECISION’s present success, which has seen it deal with multibillion-dollar transaction volumes yearly throughout greater than 200 territories, backed by twenty years of fraud prevention experience.
Peny Rizou, chief fintech officer, head of EG Fintech Options, commented: “We’re proud to accomplice with Mastercard Gateway to additional broaden entry to PRECISION’s highly effective fraud safety for journey retailers globally. Our resolution offers retailers unmatched accuracy and velocity of decisioning, together with the combination ease and adaptability they’ve by no means had earlier than in terms of managing fraud.”
Why Mastercard?
Mastercard, a world chief in fee know-how and safety, has lengthy supported the journey business with trusted, scalable infrastructure. By means of Mastercard Gateway, the corporate permits safe, versatile fee acceptance throughout greater than 30 fee strategies, making it a pure accomplice for bringing PRECISION’s fraud safety to extra retailers, quicker.
Mathias Hedlund, chief govt officer at Etraveli Group, commented: “Our partnership with Mastercard extends the worldwide attain of PRECISION, bringing its advantages to extra journey retailers worldwide. It contributes on to our technique of being the worldwide chief in delivering modern tech options for the journey ecosystem, with the best stage of high quality.”
Maria Parpou, govt vice chairman, Mastercard Cost Gateway Companies, mentioned: “As a long-standing accomplice to the journey business, we perceive the distinctive fraud challenges it faces. By integrating with PRECISION, constructed particularly for journey, we’re strengthening our means to assist retailers with specialised safety at scale.”
Journey retailers can combine PRECISION by means of Mastercard Gateway with minimal technical effort, avoiding main infrastructure modifications. The answer affords real-time fraud safety designed particularly for the complexities of the business, serving to airways and journey sellers make quicker selections and streamline operations.