Paxport Group announces it has created a new business Pax2Pay Ltd in order to support the growing demand for Paxport’s payment solution.
The Pax2pay payment solution is growing rapidly in the UK and Continental Europe. The current areas of growth is within the travel industry eg flights, tickets and hotel, but other sectors are being identified.
Creating a separate company will ensure that we fully focus on providing a modern payment service to the travel sector and set the service levels expected. The payment solution is not dependent on our other products as it was in the past, the platform is independent with its own API’s.
Pax2Pay Ltd will strengthen the companies ambitious growth strategy and will also support the launch of a new advanced digital payment platform in partnership with Modulr the digital payment service provider.
Managing this new business is Mr Dave Robinson who has been promoted to Chief Commercial Officer (COO). Dave has worked in corporate payments for over 25 years and has a wealth of knowledge in the use of virtual cards and corporate payments.
Dave reports, “I am delighted and extremely excited to lead this new venture, the new solution we have built with Modulr is by far the most advanced travel payment solution available”
The new business and solution is being unveiled at a forthcoming Travolusion business breakfast event with Modulr on the 7th June 2019. Registration is available on www.pax2pay.com
About Paxport Group
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).
Our 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 certification.