IATA’s new NDC schema is one of the 4 key drivers of change in the payment-related market for airlines. Integrated payment capabilities bring interesting opportunities for the whole value chain. Not only can the payment process be streamlined, it can also easily be made more secure and efficient. Together with InteRES, one of the leading travel technology companies serving world-class airlines and NDC pioneers, we jointly developed a secure in-funnel payment solution for NDC messaging – with more features and solutions to follow soon. The team just recently introduced the new NDC payment solution at IATA’s World Passenger Symposium in Barcelona.
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In order to check if a credit card is valid, stolen or exceeded, it is still a common procedure to authorize a small amount (1 EUR), a so-called ghost authorization, prior to authorizing an actual booking or purchase. This important fraud prevention feature allows verifying the account holder and provides information about the validity of the credit card. The only problem is that the authorization still shows up on the cardholder’s statement. As a result, it might cause confusion and suspicion by the customers.
In order to avoid confusion, payment networks advanced alternative ways to check the validity of credit cards by authorizing a zero-amount instead of an actual value. Main benefit, the authorization does not appear on the customer statement.