Air Cairo and PAYFORT team up for online payments

Thursday 6 November 2014 08:25 CET | News

PAYFORT, an online payment service provider, has signed an agreement with Air Cairo, an airline that services the Middle East.

The agreement will allow the carrier to offer PAYFORT payment options to its customers.

While less than 10% of the region’s traditional airlines’ bookings are conducted online, nearly 50% of the region’s low-fare carriers’ bookings are made online. More generally, the region’s airline industry, a USD 50 billion online ticketing market in 2014, of which the Egyptian market share is 12% or USD 6 billion, has experienced considerable growth over the last decade, with the percentage of global passengers using Arab airlines carriers increasing from 2% in 2002 to 11% (352 million passengers) in 2013.

PayFort supports credit/debit card payments through global payment providers including American Express, cashU, Mastercard and Visa.

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Keywords: Air Cairo, PayFort, online payments, Middle East, bookings
Categories: Payments & Commerce
Countries: World
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Payments & Commerce

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