The loan process is easy and allows the spread of the total cost over different payment lengths and includes an interest-free option. The best thing is that Klarna is available in 14 different countries including the UK, US, Germany and more. You can either Pay Now, Pay Later or Pay in 3/4. More and more airlines from around the globe, including Eastern Airways, saw the opportunity to partner with a BNPL service provider and enhance their payment acceptance methods to boost sales and help more tourists reach their dream destinations.Īt the same time, Eastern Airways provides increased flexibility and even allows customers to pay for additional services via the BNPL method. Can I pay for Philippine Airlines flights using Klarna Yes, you can Klarna offers you three payment plans, giving you the flexibility when it comes to paying for your flights. ![]() Thus, tourist operators were again forced to reshape their strategies and come up with solutions to stimulate sales, and flexible payment methods such as Buy Now, Pay Later, seemed to be the golden ticket.įlight operators welcome any new type of payment that can make the travelling experience simpler and faster. With fewer personnel and price increases, most tourists and regular travellers were also forced to reconsider their trips, despite all restrictions being lifted and the return to a somewhat regular life. Instead, they can choose to spread the total cost of their travel expenditures in monthly instalments, with little to no interest fees, and can even choose to fly before finalising the payment for their tickets.įlexible payment methods for uncertain timesĪs borders reopen after more than two years since the COVID-19 pandemic started, most flight operators were forced to increase their prices to make up for some of the losses accumulated between 20. The CRIF Categorization Engine, based on Machine Learning (ML), and Artificial Intelligence (AI) technology combined with a powerful set of analytics will help a great institution like Fly Now Pay Later to leverage the value of data, automating risk decisions, and developing its business toward future growth.BNPL provider focusing on the travelling industry, Fly Now Pay Later, has recently announced a new partnership with fellow UK airline operator, Eastern Airways.Įastern Airways is a UK-based flight operator that focuses on routes from and to some of the most popular destinations from the UK and Ireland, at convenient prices.īy partnering with the BNPL alternative payment provider, customers choosing to fly with Eastern Airways will no longer have to pay in full up-front for their trips. When FNPL customers choose a flexible payment option at checkout, they’ll start on the Open Banking Journey, with PSD2 consent and banking authentication. Analytics (automated KPI strategy for customer evaluation). ![]() In order to support the development of the business, Fly Now Pay Later decided to adopt the CRIF Digital Open Banking solution to boost its online application process and improve customer evaluation by adopting:
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