CellPoint Mobile introduces mobile PSP-as-a-Service solution for airlines

CellPoint Mobile has offered Velocity, a new mobile PSP-as-a-service (MPaaS) solution to help airlines deploy popular mobile payment solutions, payment apps, and alternative payment methods (APMs) without friction to existing financial systems, the company said.

Created specifically for airlines and travel operators, CellPoint Mobile´s Velocity turns payment service provider (PSP) functionality into a plug-and-play business service, enabling airlines to leverage the revenue potential that arises from the growth and promotion of mobile payment technologies.

CellPoint Mobile is a provider of comprehensive commerce and payment solutions for global airlines, helping clients in transportation, retail and financial service sectors achieve an average 4.5 percent increase in incremental, direct-channel revenues.