TMCnet News
Datalex and Bibit Partner to Provide Airlines with a Multi-National Online Payment Solution DUBLIN, Ireland & BUNNIK, Netherlands --(Business Wire)-- May 5, 2004 -- Travel Suppliers Can Provide Payment Methods Appropriate to Each Country and Market of OperationGlobal travel solutions provider, Datalex (ISE: DLE)(OTC: DLEXY), announces a partnership with Bibit, one of the world's leading payment service providers, whose technology is now integrated with Datalex's premier Internet booking engine. Bibit specializes in processing payments originating from multiple sales channels, including Internet, call centers, mobile applications and point-of-sale, over an Internet infrastructure. The company's multi-lingual, end-to-end payment service adds a proven payment component to Datalex's already extensive solutions offering. "With the growth of online booking systems across national boundaries, our travel industry customers are seeking ways to accept and reconcile payments in multiple currencies online as well," said Damian Hickey, senior vice president of Business Development for Datalex. "Through this partnership we are able to provide a single solution that allows payment transactions to be completed through a variety of methods appropriate to the online purchaser and vendor, wherever they are located." Synergy Datalex provides technology to leading travel industry suppliers across the globe and has an in-depth understanding of the issues involved in online booking. The Bibit payment service, while originating from e-retailing, over time has been tailored to meet the needs of a rapidly growing number of international travel businesses, including both airlines and travel portals such as Expedia. Together, the companies offer unequaled technical expertise in making online travel booking and paying work, whatever the client's situation. The technical relationship has already been proven in the integration of Datalex's online booking engine with Bibit's payment platform for a major mid-east airline customer. "The synergy with Datalex has already resulted in an integral airline solution we're proud to present to the market," says Pieter van der Does, EVP Sales and Marketing for Bibit. "Our shared understanding of our clients' needs, combined with both parties' global presence, positions us for enhancing this even further." About Bibit Bibit Global Payment Services (www.bibit.com) is one of the world's leading Payment Service Providers. Bibit specialises in processing payments, originating from various channels, over an Internet infrastructure. The company provides a multi-lingual, end-to-end Payment Service that combines over 75 multi-currency and international payment methods into a single digital solution. The long list of payment methods ranges from conventional credit and debit cards, to on- and off-line methods that are specific for the country in which the customer lives, including direct debit, Elektronisches Lastschriftverfahren (ELV), carte bancaire and open invoicing. Bibit's service offering includes full reconciliation and administrative services. The Payment Service seamlessly integrates into existing transaction generating platforms and is equipped with dedicated interfaces for specific industries and sales channels. Bibit operates on a global scale, through offices in Germany, France, Spain, the United Kingdom, the Netherlands, the United States and Japan. In 2003, the combined value of payments processed over Bibit's payment platform approached EUR 3 billion, up from EUR 1 billion in 2002. Bibit's international client list includes multi channel retailers, as well as call centers, pure webshops, and physical points-of-sale. Customers include companies such as Dell, Expedia, Apple, TUI/Hapag Lloyd, Transavia, Virgin Express, The Financial Times, Vodafone, and NEC Computers International. Bibit is a privately held company. About Datalex Datalex provides technology to leading global travel industry suppliers and distributors that enables them to aggregate and package a broad range of travel components for distribution across multiple sales channels. Datalex's customers include Aer Lingus, Air Canada, Amadeus, American Express, ATA Airlines, Amtrak, Best Western International, California State Automobile Association, Delta Air Lines, Deutsche Telekom, Disney Cruise Lines, Emirates Airline, Galileo, GoHop.ie, Japan Travel Bureau, KLM, Korean Airlines, LasVegas.com, Malaysia Airlines, Norwegian Cruise Lines, Page & Moy, Siemens UK, Saudi Arabian Airlines, Singapore Airlines, SilkAir, SNCF, South African Airways, Thomas Cook, Trailfinders, TravelBag, Travelcare, T-Systems, Vail Resorts Inc., Unisys, WEXAS and Worldspan. Founded in 1985, the company is headquartered in Dublin, Ireland, and maintains offices across Europe, the USA and Asia-Pacific. Datalex is a publicly held company traded on the Irish Stock Exchange (symbol: DLE, and also OTC: DLEXY). For more information, please visit the company's Web site at www.datalex.com. This press release contains certain forward-looking statements. Actual results may differ materially from those projected or implied in such forward-looking statements. Such forward-looking information involves risks and uncertainties that could significantly affect expected results. |
