SpiceJet partners with BillDesk for direct payment from online bank accounts

SpiceJet Profile

Announcing the launch of this service, Mr. Siddhanta Sharma, Executive Chairman & CEO, SpiceJet said, “SpiceJet’s tie-up with BillDesk ensures that a large base of our customers, who did not wish to use credit cards on the internet, will now be able to access this convenient service and pay for their tickets using their secure online banking accounts. It is a very significant step towards achieving our firm belief of ‘Flying for everyone’ ”.

SpiceJet has already implemented Decision Manager, an automated risk management solution to help minimize online fraud. This scalable solution addresses the increasing rate of fraud in the Indian travel and aviation sector. Partnering with BillDesk is another step towards enabling safe and easy online transaction for its customers.

BillDesk is a Payments Service Provider and its solutions offer payment transaction processing solutions for both traditional and online businesses. It assures banks and other institutions of independence in the market place. At the same time, it provides participants with improved process performance, operational risk control, lower operating costs and increased revenue opportunities.

As the partner of choice of India’s largest organizations BillDesk is able to take a holistic view of the entire payments and collections chain and offer specialized solutions to meet the demands of vertical markets such as banking, telecom, insurance, utilities and financial services. BillDesk manages an extensive payments processing network, offering services to 40 of India’s largest banks including SBI, Citibank and HDFC Bank and to leading companies such as LIC, BSNL, Vodafone, SBI Mutual Fund, and Reliance etc.

On behalf of BillDesk, Mr. MN Srinivasu, Director mentioned “The partnership with SpiceJet is an important relationship for BillDesk and we are delighted to extend our electronic payments services for the benefit of SpiceJet customers”.

About BillDesk

A flagship brand of IndiaIdeas.com Ltd., BillDesk is a Payments Service Provider. It operates as a neutral service bureau aggregating multiple banks, billing companies and other corporations onto a common standards-based platform for delivering electronic payments and collection services across multiple electronic channels. It delivers and manages specialized electronic payments solutions of various vertical markets such as banking, telecom, insurance, utilities and financial services. Built on a versatile platform, BillDesk makes the payments experience, faster, more convenient, more reliable and more secure for both the consumer and the banks.

About SpiceJet

SpiceJet operate over 100 flights daily to 17 cities viz. Ahmedabad, Bangalore, Chennai, Cochin, Coimbatore, Delhi, Guwahati, Goa, Hyderabad, Jaipur, Jammu, Kolkata, Mumbai, Port Blair, Pune, Srinagar and Varanasi. Our on-time performance is 82%, coupled with a Technical Dispatch Reliability of 99.6%. SpiceJet's operates a new generation fleet of 18 Boeing 737-800 / 737-900ER aircraft.

(c) Centre for Asia Pacific Aviation. Date posted: 21-Jan-08 

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