05 2021 | NEWS
The partnership between TripGift® and paysafecard started in May 2021 and is good news for cash-reliant customers who want to book travel online and participate in eLearning but wish to pay in cash. Facing the boom in online education courses and looking at positive estimates for travelling after over one year of strict restrictions connected with the global pandemic, the partnership seems to meet the customers’ current needs.
Leading specialised payments platform, Paysafe (NYSE: PSFE), started a partnership with TripGift®, a first-of-its-kind, market-leading global travel booking and gift card redemption platform. The collaboration will allow customers in 30 countries*, including most of Europe as well as Australia, Canada, Mexico and New Zealand, to pay for travel and eLearning gift experiences using the convenient and secure online cash solution paysafecard.
Good news for travellers
Travel and tourism, which accounted for 7% of global trade in 2019, continues to be one of the sectors most affected by the COVID-19 pandemic¹. However, according to the CDC², with vaccination programmes progressing well in many regions, there is cautious optimism that leisure travel will start to resume this summer.
A yes for cash payments
This new partnership between TripGift® and Paysafe enables customers who are cash-reliant because they don’t have access to bank accounts or credit cards or who simply prefer paying with cash, convenient access to more than 1.5 million local and international travel experiences and eLearning courses in over 30 countries and 12 currencies. According to Paysafe’s ‘Lost in Transaction’ research undertaken among 8,000 consumers in April 2021, around 30% of people would shop online more if they could pay with cash easily and 32% would like to buy products online with cash if it was easy.
Unlocking new travel and eLearning experiences with paysafecard is fast and simple. The customer selects the amount and currency of the TripGift® gift card, selects paysafecard as the payment method and enters the 16-digit code from the prepaid voucher or by using their paysafecard account.
Driving financial inclusion
Cary George, CEO of TripGift®, commented on the cooperation: “We are delighted to create this unique partnership expanding our global omni-channel retail reach to paysafecard customers. With the adverse impact the pandemic has had on so many people’s lives, with many special occasions being cancelled and distant loved ones and family members who have not been able to visit or see each other in over a year, we are making sure nobody is left behind. This partnership is yet another wonderful example of how we are increasing financial inclusion with exceptional digital accessibility and supporting happier family travel and online learning experiences via our websites.”
Udo Müller, CEO of paysafecard, said: “After more than a year of social distancing, it is important for people to have an opportunity to re-experience travel and local leisure time activities. By integrating a financially inclusive payment option for purchasing or gifting these experiences, we’re enabling TripGift® to provide easier access to more customers. Our online cash solution paysafecard allows more people to transact online conveniently and securely so they can benefit from a wide range of online products and services, which they can then enjoy offline in their day-to-day lives.”
¹ Source: Word Tourism Organization