Tiger Airways has appointed Ireland based
EuroCommerce as its new IT partner for Dynamic Currency Conversion
(DCC).
With this deal, passengers can continue to make payments in
their own currencies. Tiger Airways introduced multi-currency
payment options for passengers in January 2008, starting with the
Hong Kong Dollar, Thai Baht and US Dollar in addition to the
Singapore Dollar.
It subsequently expanded its offering to other
currencies, including – Australian Dollar, Euro, British Pound,
Malaysian Ringgit, and New Zealand Dollar. By paying in a currency
of their choice, passengers avoid the hassle of currency
conversion and risks of fluctuations.
Since 2005,
EuroCommerce has been providing Tiger Airways with various IT
solutions to support credit card payment processing.
Tony Davis, President and Group CEO of Tiger Airways Holding
Limited, said, “We are pleased to expand our partnership with
EuroCommerce. By expanding our relationship to provide a fuller
range of solutions, we realize greater operational and cost
efficiencies in payment processing. When Tiger Airways gets a
better deal as a customer, we give even better fares to our
customers. This is what we set out to do, and have succeeded at
doing consistently. From April 2009 to March 2010, we reduced our
average costs by 11.4% over the previous year, and lowered our
fares by an average of 22.2%.”
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