Worldline Selected as Global Payments Provider to the Lufthansa Groupby Fintechnews Switzerland October 10, 2022
French payments company Worldline has been selected as a payments provider to the Lufthansa Group, the aviation group which operates Germany’s flag carrier.
The partnership will give the Lufthansa Group the possibility to onboard a selection of Worldline solutions, from payment methods to consolidated reporting capabilities and integration with their core platforms.
Worldline will process globally for Lufthansa and its sister operations, SWISS, Austrian Airlines and Edelweiss, ensuring that the group can take advantage of travel and airline-specific services such as Billing and Settlement Plans (BSP) and Accounts Receivable Conversion (ARC).
The Lufthansa Group will also make use of Worldline’s unique TravelHub solution, a single scalable connection providing access to over 150 payment methods and currencies, multi-acquiring, tokenisation and a range of fraud services all through a single reporting and settlement channel.
“When seeking a new payment service provider, the Lufthansa Group had several critical requirements and objectives. We are delighted that they have put their trust in Worldline to help them deliver the success they are targeting,”
said Damien Cramer, Global Head of Travel & Airlines, Digital Commerce at Worldline.
“We were looking for a global partner that could offer a strong payments layer to drive innovation, growth and most importantly increase our conversion rates; Worldline’s TravelHub makes this possible for our entire group,”
said Kai Schilb, Head of Payments, the Lufthansa Group.