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Post# of 647879
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Dobie Lama

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Dobie Lama

Re: onkelhubert post# 350240

Thursday, 07/30/2015 6:44:51 PM

Thursday, July 30, 2015 6:44:51 PM

Post# of 647879
Very serious this................


Pay-Travel integrates the existing financial instruments already used by the travel industry into a best-in-class, multi-channel, GDS-independent platform, which allows users to effectively manage all aspects of their payment needs in a flexible, easy-to-use solution.

About 60% of the world's 1 billion tickets are sold through GDS, with Amadeus being the largest player in the GDS space with 41% market share, Sabre is second with 28%.

By using proprietary "AVIA2SPLIT" technology in Pay-Travel, airline ticket sales are processed directly with GDS, avoiding acquiring bank fees and travel broker commissions processed by acquiring banks. By splitting acquiring flow Pay-Travel's solution helps travel agencies and airlines to significantly reduce acquiring costs.



http://finance.yahoo.com/news/net-elements-pending-acquisition-payonline-124500994.html

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