100,000+ passenger milestone; credit card bookings

RNS Number : 8341A

Fastjet PLC

26 March 2013

 



 26 March 2013

fastjet plc

("fastjet" or the "Company")

100,000+ passenger milestone; credit card bookings go live

fastjet, Africa's low-cost airline, last week carried its 100,000^th passenger since commencing flights from Dar es Salaam on 29^th November 2012.  Fastjet is also delighted to announce the launch of its credit and debit card payment solution in co-operation with Wirecard AG, allowing consumers and travel agents from across the globe the ability to access and pay for seats of the rapidly growing fastjet route network.

fastjet has partnered with credit card acquirer Wirecard to facilitate bookings using Visa and MasterCard. This significant enhancement is available today on the fastjet website. With Wirecard's international footprint, fastjet now has the opportunity to transact across the world with an increasing number of card payment solutions.

fastjet Chief Commercial Officer Richard Bodin, said:

"Whilst credit and debit cards usage is not large in East Africa (less than 10% of the population in East Africa have credit or debit cards), we have been inundated with requests from outside Africa for people looking to purchase seats on the fastjet website, and I am delighted to say that having partnered with Wirecard we are now in the position to be able to facilitate these bookings.

"This coupled with our hugely popular Mobile Money payment facility really means that our customer base has the full suite of payment processes available to them."

Wirecard Executive Vice President Travel & Transportation Jörg Möller, added:

"We are very pleased to support fastjet in its expansion of payment methods. For us, Africa is a very interesting market as our strength and competence in international payment and risk management solutions are especially valuable here. Our solutions help airlines to operate their business more efficiently and risk-low."

fastjet expects up to 15% of future bookings to be made using credit and debit cards with Mobile Money payments already accounting for as much as 25% of sales.

For media enquiries, please contact:

UK media - Citigate Dewe Rogerson                                                                Tel: [phone]

Angharad Couch

Eleni Menikou

Africa Media - Africa Practice                                                                             Tel: [phone]

Natalie Maule

Anna Riley

Joan Kiambati

Meg Muigai

Evelyn Njoroge    

NOTES TO EDITORS

About fastjet plc

fastjet plc is quoted on the London Stock Exchange's AIM market. For more information see www.fastjet.com

 

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