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Fexco to attend IATA World Passenger Symposium in Hamburg

16 Oct 2015
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Financial technology company Fexco will attend the International Air Transport Association (IATA) fifth passenger symposium in Hamburg from October 20 – 22. This year, the conference themed ‘Innovating better together’ will focus on collaboration as a key driver for transforming the industry.

The World Passenger Symposium (WPS) is a unique event that drives the passenger agenda forward with representatives of the entire air travel value chain. WPS 2015 will focus on how industry collaboration will drive value through innovation for the benefit of customers. It will cover the transformation currently taking place in the industry in the areas of distribution, customer ground & Inflight experience and IT & Technology.

Fexco will have the opportunity to showcase its world class Multi-Currency Pricing (MCP) and Dynamic Currency Conversion (DCC) solutions to over 600 delegates, including over 50 airlines. The solutions offered by Fexco can be particularly beneficial to the airline industry which prices their fares and ancillary services in multiple currencies.

Through Fexco’s MCP platform, the airline can offer their fares and ancillary products in multiple currencies with the traveller selecting the currency in which to browse the website and ultimately make payment in. The solution also allows airlines to generate new and leverage existing revenue streams when the margin, normally applied by the travellers own bank and card scheme, is replaced by a guaranteed commission share fully managed by Fexco Treasury.

Again with Fexco DCC, the airline can provide the traveller with a more tailored payment experience. Through card recognition software, international cardholders are offered the choice to pay for flights and ancillary services in their home currency instead of the airline’s default currency while the airline benefits from a risk free solution.

Having recently announced a partnership with Hong Kong Airlines to deliver a wholly integrated MCP solution to the airline, Fexco is well-positioned to leverage expertise within the industry.

The conference provides a key networking opportunity where Fexco can discuss industry news, matters, advancements and opportunities with partners from across the globe including Amadeus and Datalex.
Fexco welcomes attendees to visit their stand located at booth 11 in the Congress Center Hamburg (CCH) from October 20 – 22. For more information please contact Álvaro Díez, Senior Sales Manager or phone: +34 628 259 073.

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