Wizz Air has announced that it is partnering with Trustly, a global payments platform for digital account-to-account transactions.
Through the partnership, Wizz Air travellers in Denmark, Finland, Norward, Sweden and the UK will be able to pay for flights directly from their bank accounts. It will also have Wizz Air benefit from Trustly’s unique collection model, which offers the fastest possible settlement, reduced fraud, and instant refunds for travellers, giving Wizz Air greater flexibility in its payment’s infrastructure. This integration comes at a vital time as Open Banking adoption is on the rise in Europe.
Viktor Mura, Head of Tax, Treasury and Investor relations at Wizz Air, says: “As a value-oriented airline focused on innovation throughout the traveller journey, Trustly was the obvious choice to provide a low-cost, simple and secure way for our customers to pay. The long-term partnership with Trustly allows us to further strengthen our low-cost value proposition to our customers in the UK, Denmark, Finland, Norway and Sweden.”
Simon Eve, Head of Travel at Trustly, says: “According to a recent Trustly report, 71% of airlines are now actively exploring implementing an account-to-account payment option in light of PSD21, complementing traditional card payments. Wizz Air is at the head of the pack, demonstrating its commitment to innovation and a hassle-free traveller experience.”