CellPoint Mobile announces new converged payment gateway

CellPoint Mobile, a global payment solutions company whose technology enables airlines to manage and control the travel payments ecosystem, said it is unveiling its newest platform, the Converged Payment Gateway to the global airline industry.

The Converged Payment Gateway, available to airlines as an installed or SaaS solution, is being released at a time when the number of payment channels used by airline passengers and travelers has grown exponentially over the past 24 months. At the same time, the rise of alternative payments, mobile payments, and the availability of multiple Payment Service Providers (PSPs) has created opportunities for airlines to create new revenue streams.

“Several airlines have a multi-PSP strategy, but CellPoint Mobile is seeing an increasing number of network, regional airlines and low-cost carriers that want to add another PSP to their payment infrastructure, both as a failover strategy and to take advantage of PSP geographic price differences,” said Kristian Gjerding, CEO of CellPoint Mobile. “These airlines, however, are often constrained by the costs of implementation, long time-to-market and challenges of managing multiple PSPs. CellPoint Mobile´s Converged Payment Gateway solution pre-integrates PSPs so that airlines can significantly shorten the time-to-market and reduce the costs of launching and managing new payment methods and PSPs to meet their passengers´ growing needs.”

CellPoint Mobile technology infrastructure, solutions and professional services enable airlines to manage and process payments and transactions from a single, data-integrated platform, regardless of channel, device or currencies. With offices in London, Miami, Copenhagen and Pune, CellPoint Mobile serves global and regional airlines.