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Fexco joins forces with Hong Kong Airlines and AsiaPay to launch MCP payments solution

26 Aug 2015
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Fexco – the leading independent global provider of Dynamic Currency Conversion (DCC) and Multi-Currency Pricing (MCP) technologies and Hong Kong Airlines, the internationally-acclaimed Skytrax 4-star airline, have today announced a collaboration with AsiaPay, the premier ePayment service and technology player in Asia which will see Fexco’s world class MCP solution offered to passengers of Hong Kong Airlines.

The partnership will see Fexco’s Currency Risk Management MCP solution fully integrated into the Hong Kong Airlines core operating system and website offering multiple benefits to both the airline and the passenger including a more customised and transparent shopping experience.

Through Fexco’s MCP platform, the airline can offer their fares and ancillary products in multiple currencies. The passenger selects their preferred currency in which to browse the website and ultimately make payment in providing them with clarity on the price in a currency they are familiar with.

Denis Cleary, Managing Director of Fexco DCC, comments: “The integration of Fexco’s MCP technology into the Hong Kong Airline’s system brings significant benefits to both the airline and to the passenger. The solution delivers a more customised shopping experience for the passenger, simultaneously creating a risk free opportunity to generate increased revenue for the airline. We are delighted to announce this partnership and greatly look forward to working together.”

Li Dianchun, Commercial Director of Hong Kong Airlines comments: “This is a welcome advancement both for our passenger base and indeed for the airline itself. Our goal is to continue to innovate so we can better serve our passengers, this partnership delivers them a tailored and transparent payment solution allowing them to better determine value on their purchase, in a currency they’re familiar with – ultimately saving them valuable time.”

This solution has been developed in partnership with AsiaPay, one of the regions premier online payment service and solution providers to merchants and banks. The solution aims to assist merchants with customer retention, brand awareness and in attracting international customers.

“We are proud to implement this new real-time currency conversion service to Hong Kong Airlines together with Fexco. Being leading ePayment service player in Asia, we understand and strive to address the ever-changing consumer needs for more user-friendly, safe and convenient way to pay for online travel services.” said Joseph Chan, CEO of AsiaPay.

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