HAHNAIR
IATA( International Air Transport Association) operates. From there, they add IATA EasyPay, UATP( Universal Air Travel Plan) card solutions, and international credit cards based on demand and desire.
Virtual credit cards have become particularly important for managing risk. When travel agents use Hahnair as the merchant of record, all transactions come from individual travellers. This creates exposure to chargebacks and disputes. Virtual cards eliminate that risk because they are transaction-specific, tightly controlled and clearly attributable to a single booking, which lowers fraud and“ unrecognised transaction” disputes. The company investigates with agents which payment products best suit their needs whilst minimising risk for both parties.
Account-to-account payment methods present interesting strategic questions. Many new payment methods that generate buzz ultimately rely on credit cards or bank accounts as funding sources.“ We’ d always ask, what’ s the funding source?” Benjamin explains, drawing on his experience working at MasterCard. If Visa, MasterCard, UnionPay, American Express or JCB are already in the payment flow, the company must justify whether adding another layer makes sense.
For Benjamin’ s team, working closely with local professionals or market experts on specific regions is key.
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