Dynamic Currency Conversion
Solution for online credit card sales which offers the passenger immediate transparency in ticket pricing
Main Dynamic Currency Conversion features
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The application is already live and proven in Amadeus airline use | |
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Integrated and automated |
The application is fully integrated into Amadeus and functions automatically without the need for any user support or maintenance |
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Fully reconciled online reporting |
The application provides comprehensive PNR level financial reconciliation for easy treasury and revenue accounts management |
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No counterparty credit risk |
Airlines never lose control of their cash revenues – the service is provided at application level and funds always remain in the airline’s own bank account – there is |
The Dynamic Currency Conversion solution is provided in cooperation with Continuum Commerce Solutions.
Business impact
Improve passenger service
The proportion of your passengers using ‘foreign’ credit cards can be as high as 50%. When offered the choice, over 90% of passengers choose to use the Dynamic Currency Conversion application to pay in their own currency.
Every time a ticket price is converted from the original fare currency into the passenger’s card currency a small foreign exchange conversion margin is applied via an adjustment to the exchange rate, generating incremental revenue for the airline.
Understand your passenger base
Analytics allow the airline to better understand its passenger base and provide unique data on the provenance of passengers on any given route, helping marketing teams to better position the business.
No extra cost
There are no set-up, license or other upfront costs associated with the implementation of dynamic currency conversion. There is no support, maintenance or other recurring fee. The application is provided by Continuum Commerce Solutions on a ‘revenue share’ basis. So if your passengers don’t use the application, you don’t have to pay for it.
