Press Release: August 26, 2015
Travelauto.com integrates yet another payment gateway “Payfort” based in Dubai for facilitating international and local advance deposit payments while booking a rental car online especially in the MENA region.
Travelauto.com, one of the leading car rental marketplace, whose technology has been helping connect travelers with reliable car rental service providers has announced the integration of Payfort, a new payment getaway to its portal to facilitate the acceptance of all major debit, credit card payments including the Visa, Master Card, American Express and CashU.
Prior to this addition, Travelauto.com was using EBS, a payment gateway that is based in India. This new addition has been hailed as a great move as it will help make it more convenient for customers in the Middle East and the USA to pay for their car rentals. While announcing this new addition, the company’s CEO Mr. Chandra Moulli said that this new move is expected to help customers pay for their services using different currencies thus making things Secure, Cheaper and Safer. “By adding this new payment gateway, we aim at making things convenient for our customers while at the same time eliminating some unnecessary costs such as currency conversion to provide cheap car rentals.”., Said the CEO.
With the introduction of Car plus Driver Service, Travelauto.com is focusing on the NRI’s visiting India and Indian travelers visiting any other country, to reserve the cab online. To do this Travelauto.com usually requires a pre-deposit to confirm the booking. Hence, Travelauto.com will continue using the EBS as well as the newly added Payfort in its portal leaving a choice for deciding their payment gateway at their convenience based on their location.
Car rental industry in Dubai and the Middle East has registered tremendous growth and this has created a demand for a more safer and efficient payment method. Payfort has in the past been praised in the past as a secure payment method with a watertight mechanism against fraud. Upon its inception, the Dubai-based payment gateway processed over $817 million (AED3 billion) in payments within the first year thus announcing its arrival with a bang. Travelauto.com is expecting that this new payment gateway, as is known to many people already, will add value and give trust to the Travelauto.com users as well. This recent development will help increase the number of customers booking their car hire services, who were skeptical about booking earlier from the MENA region with an Indian currency.
Travelauto.com is expecting to register growth in bookings as more people are aware and have trust in these payment gateways. “We believe this would increase the volume of bookings being a UAE based payment gateway which the regional people are aware off.”, said Mr. Yuvaraj, Marketing Manager of Travelauto Middle East FZCO. “Payfort has been serving major companies doing business online and those accepting PAYFORT payments include Air Arabia, Souq.com, TECOM Investments, Landmark, and Ferrari World among others. Major companies are aware of this payment gateway and have been using it and this adds more trust”.
“We are expecting that this new payment gateway will give our customers an extra layer of protection against fraud when paying online. It will also be safer for Travelauto.com as it comes with some powerful tools to prevent against fraud thus facilitating for secure online payments”, Said Mr. Chandra.
Payfort has an established partnership with major banks in the Middle East including Abu Dhabi Islamic Bank, National Bank of Abu Dhabi, the National Bank of Egypt, Mashraq, and SAAB. This has been essential in the enhancement of their operations and car rental customers are expected to reap huge benefits as they deal with Travelauto.com while booking car rentals globally.
Travelauto.com is an online car rental marketplace based in Dubai, UAE with its backend operations in Hyderabad India. Being a major car rental consolidator, Travelauto.com provides complete transportation solutions including self-drive rental cars and Car plus driver options worldwide via leading international and regional car rental suppliers.
For more information visit www.travelauto.com or www.travelauto.co.uk
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