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Thursday, 28 March, 2019, 16 : 00 PM [IST]

Verteil Direct Connect to be central payment platform for airlines & agents with IFG certification

Verteil Direct Connect (VDC), an NDC aggregator platform of Verteil Technologies has been certified by the International Air Transport Association (IATA) as an IATA Financial Gateway (IFG). This development assumes significance since this certification will enable VDC to directly connect its distribution solution to act as a central payment place for airlines as well as travel service providers while at same time enabling BSP/ARC reporting capability. Verteil Technologies is one of the earliest IATA certified NDC Level 3 IT Providers which has acquired the IFG certification from IATA for its direct connect distribution platform.

IFG is an omni-channel payment aggregation platform that allows airlines to manage and optimise their different sales payment processes through a single global connection. It is fully designed to meet the payment needs of all airline business models and sale channels, IFG provides to airlines a flexible and complete payment process, ensuring the consistency and availability of different payment options through all distribution channels to reduce payment costs, increase sales conversion rates and provide a seamless user experience through the entire passenger journey. 

“This is a very important milestone for Verteil’s Direct Connect Distribution Platform as we can now offer a cost-effective solution for our partner airlines with simplified payment processes to accept different forms of payment based on the geographic region of operation. Our partner airlines are empowered to increase their global footprint and enhance sales opportunities with a single global connection accessing all payment processors including BSP and ARC and with improved system security underpinned with PCI-DSS certification. This will facilitate and accelerate new forms of Airline Retailing,” said Jerrin Jos, Founder & CEO, Verteil Technologies.

Aleks Popovich, Senior Vice President-IATA, Financial and Distribution Services, said, “The IFG responds to airline’s needs to accept multiple forms of payment based on each market’s demand and across all distribution channels. By achieving IFG certification, Verteil Technologies is helping airlines take advantage of new opportunities while addressing cost and complexity issues accompanying different distribution and payment processes.”

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