Called The IATA-PayCargo System, the system aims to facilitate online payments and immediate access to settlement data.
This partnership builds on the two companies’ existing relationship, which started in 2017.
Under the previous agreement, IATA’s US unit Cargo Network Services (CNS) and PayCargo launched the PayCargo-CNS System, an online payment platform for imports in the US.
Currently, IATA represents 82% of total air traffic. Earlier in January 2019, the association announced the completion of the first IATA Pay ticket purchase transaction in a live test environment.
The Paypers is the Netherlands-based leading independent source of news and intelligence for professional in the global payment community.
The Paypers provides a wide range of news and analysis products aimed at keeping the ecommerce, fintech, and payment professionals informed about the latest developments in the industry.
Current themes
No part of this site can be reproduced without explicit permission of The Paypers (v2.7).
Privacy Policy / Cookie Statement
Copyright