PaySecure later this year will become a standard payment option on the airline’s Web site, Deb Bauman, Sun Country chief information officer, wrote in an e-mail message.
The St. Paul, Minn.-based airline’s planes fly to popular destinations in the United States, Mexico and the Caribbean.
Rising costs are driving airlines to seek less expensive payment-acceptance alternatives, according to Acculynk. “Airlines and e-commerce merchants are seeking ways to cut costs and increase payment security,” Ashish Bahl, Acculynk CEO, stated in news release. “PaySecure’s value propositions align well with the needs of any airline or business accepting online payments.”
The discount rate for PIN-debit purchases initiated online can be 20 to 50 basis points lower than what a merchant acquirer charges a retail client for signature-debit transactions, says Danielle Duclos, Acculynk marketing director. A basis point is one-hundredth of a percentage point. Processing online PIN-debit transactions is half the cost of processing credit card transactions, Bauman says. She declined to discuss the savings Sun Country expects to achieve through its Acculynk relationship.
Sun Country is the second airline this year to accept PaySecure. Spirit Airlines, which is based in Miramar, Fla., began accepting PaySecure in January (see story) http://www.paymentssource.com/news/acculynk-bahl-paysecure-pin-debit-3000413-1.html. And in July last year, AirTran Airways, which is based in Orlando, Fla., began accepting PaySecure as a payment option on the airline’s Web site (see story) http://www.paymentssource.com/news/acculynk-add-merchant-3000884-1.html.
Acculynk is holding discussions with several other airlines considering accepting PaySecure, Duclos says.
