Latest news with #Swiipr
Finextra
3 days ago
- Business
- Finextra
Swiipr launches welfare 'eco-card' for travelers
Swiipr, the platform digitally transforming airline payments, has launched an industry-first fully sustainable 'eco card' to replace single-use paper and plastic welfare compensation methods. 0 This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. Swiipr's Mastercard welfare cards enable airline ground staff to instantly distribute food and beverage payments when flights are delayed, offering instant, secure and compliant payouts that have universal retail compatibility. The cards eradicate the need for paper vouchers, which are typically time-consuming to process and issue, prone to fraud, and difficult for retailers and passengers to use. Made entirely from left-overs from construction timber and other wood products, and sourced from a zero-landfill mill, the Swiipr eco card is fully recyclable, biodegradable, and compostable with the same rigidity and thickness of PVC cards. It is certified to ISO 14001 and ISO 9001 standards and compostable to EN 13432 standard. A leading low-cost European airline has become the first carrier to adopt the eco card. The airline is using the card to supply passengers affected by travel disruptions with welfare payments to support them as they complete their journey. Tara Spielhagen, co-founder and CEO at Swiipr, said: 'Swiipr is thrilled to continue cementing its place as an innovator in the airline payments industry with the launch of its sustainable eco-card. Paper vouchers should be a thing of the past. But unfortunately, they're still common-place and used by many airlines. The digital eco-card is an easy to use, much more sustainable and environmentally friendly alternative that streamlines the issuing process for airlines and improves the passenger experience, with minimal impact on the planet.' The card has been produced by paperboard company Holmen Board and Paper, listed by EcoVadis among the top 1% of global businesses for sustainability. The company sources its wood from sustainably managed forests, where more trees are planted than felled. Mark Browne, Account Manager at Holmen Board and Paper, said: 'We're delighted to lend our expertise in sustainable forestry and manufacturing to help the travel industry become more environmentally friendly. Just like passengers, the eco cards have their own journey to make: from our growing forests, where we prioritise biodiversity and tree health, through our 99% fossil-fuel-free mill and into the customer's hand. Then they can be recycled and the whole cycle starts again.'
Travel Daily News
22-05-2025
- Business
- Travel Daily News
Swiipr launches new APIs for airline compensation payments
Swiipr, the payment platform digitally transforming airline disruption payments, has launched a series of new APIs that enable airlines to digitally transform their disruption and compensation payment operations in as little as a few weeks, irrespective of the airline's legacy systems. Over 500m global passengers are estimated to be affected by flight disruption each year, costing airlines billions of dollars in payouts as well as significant customer dissatisfaction. Swiipr's payment technology allows airlines to digitise disruption payments, greatly enhancing the passenger experience and driving cost efficiency by up to 60%. Swiipr's new APIs reduce much of the complexity airlines have traditionally faced in digitising their compensation payments, including transitioning from bank transfers, cash, or paper vouchers to virtual cards. The new APIs enable any airline to directly integrate Swiipr's platform with their existing IT infrastructure, even if running legacy systems. The 'out of the box' API is fully customizable to meet each airline's bespoke needs, and can also integrate with third parties – such as IT disruption partners and ground handling who support airlines during travel disruptions. Swiipr's digital platform also provides rich real time data which gives the airline invaluable insights into patterns of disruption and passenger impact. 'Legacy passenger compensation payments systems simply aren't fit for use. Passengers and airlines alike are crying out for a tech-driven solution that meets their needs and reduces disruption, cost and stress,' said Swiipr Co-Founder and CEO Tara Spielhagen. 'Our APIs enable us to integrate with any airline, irrespective of their exiting digital infrastructure, enabling us to scale with ease. It also means we can easily give our payment technology to existing passenger recovery platforms. We can't prevent flight delays, but we can speed up the compensation process and give airlines the tools they need to meet their passengers' and regulatory needs,' she added. Having launched in 2020, Swiipr is already issuing to passengers across 137 airlines across 70 countries, including major flag carriers. The Swiipr Compensation Card enables airlines to distribute funds directly to travellers at the point of disruption, while the Swiipr Welfare Card provides travellers with food & beverage payments when flights are delayed.
