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August 19, 2014updated 04 Apr 2017 4:06pm

Ryanair and PayPal partner to offer easy online payment option

European low fares airline Ryanair has teamed up with online payment processor PayPal to offer an easy online payment option to customers, business travelers, travel agents and corporate travel departments for ticket booking.

By Verdict Staff

European airline Ryanair has teamed up with online payment processor PayPal to offer an easy online payment option to customers, business travelers, travel agents and corporate travel departments for booking and paying for the lowest fares on its website.

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Ryanair’s 86 million customers can now pay for Ryanair flights using their PayPal account, thereby benefiting from faster bookings of tickets.

PayPal global operations Europe, Middle East and Africa vice president Louise Phelan said: "As the pioneer of faster, safer online payments, PayPal is delighted to help Ryanair develop its customer experience by making it even easier and quicker for travellers to book and pay for their flights online.

"With our 152 million active accounts across the world, we’re also making it easier for businesses such as Ryanair to expand their international sales."

The partnership forms part of the long line of Ryanair’s customer improvements, which include allocated seating, a second free cabin bag, a new website and app and a dedicated family service, in addition to a tailored business product set to be unveiled in the near future.

Ryanair chief marketing officer Kenny Jacobs said: "Millions of European consumers use PayPal on a daily basis and as Europe’s biggest airline, Ryanair is pleased to launch our new partnership, offering our 86m customers even more ways to book and pay for Europe’s lowest air fares on the Ryanair.com website."

Free Report
img

What does the future hold for BNPL market?

The global Buy Now Pay Later (BNPL) market is estimated at a massive $120 million in 2021 – representing just less than 3% of the global ecommerce market. Yet the user-base is massive, with leading provider, Klarna, alone reportedly having 87 million users in 2021. This market is only expected to grow, with established companies like Apple and Goldman Sachs moving into the BNPL sector in bids to capitalize on this trend. To help you make the most of this growing market, GlobalData’s Buy Now Pay Later in 2022 and Beyond report provides detailed insight into the BNPL sector. This report:
  • Discusses the disruptive potential of the BNPL sector on the payments industry
  • Identifies the leading companies that are driving sector growth and the benefits this new payments solution provides to both merchants and consumers
  • Analyzes the consumer’s risk of using BNPL loans and government attempts at introducing regulations to the sector
  • Uncovers the main risks that consumers expose themselves to when borrowing with BNPL
Download this free report to get to know where this developing market is headed, and how you can reshape your strategies.
by GlobalData
Enter your details here to receive your free Report.

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