Paxport’s award-winning digital payment technology further supports the Thomas Cook business through the use of the Pax2Pay service, which includes the provision of payments by virtual cards aiding automisation, reconciliation and creating a new revenue stream.
Thomas Cook recently relaunched as an online-only travel business trading through ThomasCook.com, bringing back one of the travel industry’s most recognised brands following the acquisition of the brand by Fosun Tourism Group. Utilising a variety of Paxport products and services in order to deliver a best in class experience to their consumers, Thomas Cook is harnessing powerful flight distribution and booking technology to source a wide array of airline fares and information, delivered through a proven single API where more content can be easily added.
Paxport’s leading aggregation platform PaxFaB forms a core part of the new Thomas Cook offering and is supported by the use of PaxCache, delivering sophisticated flight caching technology offering much more accurate look to book ratios.
Paxport’s award-winning digital payment technology further supports the Thomas Cook business through the use of the Pax2Pay service, which includes the provision of payments by virtual cards aiding automisation, reconciliation and creating a new revenue stream.
Despite the challenging environment, the Paxport team completed the delivery of all services on time, offering further support remotely to Thomas Cook’s wider implementation project and worked closely with key stakeholders throughout, a great testament to the whole Paxport organisation, demonstrating the business’ commitment to empowering online travel businesses even through the most difficult of times.
Tony Barker, Paxport’s CEO, said: “This is an important partnership that once again shows the quality of our solutions where we are able to partner with global players within online travel. We look forward to helping Thomas Cook grow once again into one of Europe’s leading brands.”
Alan French, Thomas Cook’s UK CEO, said “The new Thomas Cook business is built around great technology so a partnership with Paxport is a natural fit. We have committed to continually invest in our platform to expand on choice for our customers and Paxport’s solutions enable us to offer the best possible flights and fares on the market and make transactions simple and secure.”
Paxport is a fast growing travel solution company based in Sweden & UK. Paxport creates new revenue streams for airlines, tour operators and travel agents as well as improving the passenger experience using modern digital technology.
The product portfolio includes PaxShop (merchandising platform), Pax2Pay (payment solutions), PaxCache (data caching), PaxManagement (leisure operations) and PaxFaB (flight & hotel aggregation).
Paxport solutions consist of cloud based and outsourcing services that are designed to solve a wide range of travel management challenges, increasing travel content, adding revenue and reducing costs.
Paxport was founded in 1994 and now has 100 employees. Paxport serves over 80 airlines and 250 travel resellers in Europe. Paxport is IATA NDC level 3 certified.
Theodore is the Co-Founder and Managing Editor of TravelDailyNews Media Network; his responsibilities include business development and planning for TravelDailyNews long-term opportunities.
