Mystifly launches a new payment solution MystiPay in partnership with Diners Club International

Singapore, 1 Dec, 2021: Mystifly is launching MystiPay, a new payment and settlement platform for the travel industry by partnering with Diners Club International. The new partnership sees Diners Club International as the payments network to facilitate purchases made through Mystifly platform. MystiPay coupled with Mystifly’s ASRHub platform drives cost-efficiency and unlocks new revenue opportunities.

MystiPay raises the bar in airline payment and settlement by building a profitable relationship between airlines and travel intermediaries in a more favourable way. Geared towards ushering a revolution in the travel payments industry by maximising the value of payment incentives while removing the existing inefficiencies and challenges like payment risk and payment settlement time.

“We have always taken a holistic approach in solving the airline industry challenges. The partnership with Diners Club International complements our goal to reduce airline payment costs and settlement time for bookings done through Mystifly’s airline retailing platform” said Rajeev Kumar, Founder & CEO, Mystifly.

Diners Club International, part of the Discover Global Network, is a global payments network that is accepted at nearly 40 million merchant locations and 1.3 million ATMs in more than 200 countries and territories. The Discover Global Network includes Discover Network, Diners Club International, PULSE and more than 20 alliance partner networks across the globe.

We are excited about the Mystifly partnership and the opportunity to offer airlines industry a new lower cost payment option. The partnership is testament to the important role Diners Club International has in the airline and travel space offering benefits to travel intermediaries and airlines alike’, said Matt Sloan, Vice President of International Markets at Diners Club International. “We look forward to working with Mystifly on this new global initiative”.

About Mystifly:

Mystifly is a travel tech leader in airline retailing, envisioned to bring a positive difference in the experience of the travellers and how air travel is sold. Mystifly offers NDC-aligned tech stacks for businesses of every size — from start-ups to established companies who envisage to start or expand their air business globally. Founded in 2009, Mystifly’s B2B-SaaS marketplace simplifies airfare shopping by unifying airline distribution, fulfilment and payments on a single platform that allows search, ticket, ancillary sales, post-ticketing process and payment for over 700 airlines including 180 LCCs, Direct connect and NDC Airlines. Mystifly’s suite of products empowers over 2,500 clients globally.