South Korea’s national carrier Korean Air has selected CyberSource, a Visa company and provider of eCommerce payment management services, ,to provide secure online payment acceptance capabilities.
Under the deal, Korean Air will leverage CyberSource’s global payment gateway solution to securely accept a wide range of payment methods, including debit and credit cards and alternative payments across its sales channels.
Go deeper with GlobalData
Korean Air will also use CyberSource Decision Manager, the fraud management tool which features fraud detection radar to automatically screen more inbound orders faster.
CyberSource senior regional director for Greater China and Korea Poon Khye Wei said: "CyberSource believes payment management is a key enabler of airline differentiation and is proud to work with an established airline company like Korean Air to help the carrier achieve its business objectives towards global expansion."
Additionally, the airline is planning to launch a new Passenger Service System (PSS) to integrate all payment and acquiring services.
PSS, which will constitute a Global Payment System, aims to simplify and secure bookings for customers in 45 countries.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData
