Selcom brings Flocash to Tanzania for Airfare Payment
The payment landscape is now changing and this means the demand for making the payment experience as seamless as possible for the customer is growing. This is the same with the airline industry too. With Selcom’s payment service technology and wide agent footprint across the country, passengers from Tanzania can pay conveniently via a Selcom agent, bank card, mobile bank and mobile wallet for their flights, be it local or international.
Selcom and Flocash partner to ease payments for airfare bookings.
Selcom, as one of the leading payment services providers in Sub-Saharan Africa has always identified itself as a problem solver in the payment space in Tanzania and across borders. Following an intense exercise in understanding and identifying a merchant’s most urgent pain points and use cases, Selcom enhances and adapts its existing solutions to address any sector’s needs for digitisation, automation and all in all a solution that works.
One of Selcom’s focus areas is working on solutions that help the local consumer access international merchants. How does it do this? By making available Tanzanian payment channels or sources of funds such as mobile money and bank accounts, enabling the Tanzanian consumer to pay. One such segment is the airline industry, where there is a great potential to reach consumers that want to book their ticket online and pay but are restricted to a set of consumers that can only pay via scheme cards. Connecting to Selcom grows the airlines’ footprint to a much wider base.
That is why, Selcom partnered and enabled Flocash, a prominent provider of payment services in the Middle East and Africa region, to enable agent, card, mobile banking and mobile wallet payments for airfare, giving customers the convenience to pay locally for flights.
In this strategic move to further strengthen its payments ecosystem, this partnership is a turning point for the majority of Flocash’s travel merchants to efficiently and seamlessly manage their international flight payment instantly, with a single connection to Selcom's payment rails.
“Accepting just cards or bank transfers is no longer enough. In this digital age, customers are highly attuned to businesses that prioritise their convenience. This is a significant challenge for businesses with an online presence hoping to scale across borders. The solution is to create a localised payment services strategy. Establishing a localised payments strategy in the way that Selcom has enabled Flocash, can help global merchants reach new consumers with a single solution that covers all relevant financial providers in one”
Most merchants fail to reach consumers in fast-growing or emerging markets simply because either there is no suitable or reliable local payment method existing or because it is very complex to reach them. This is where Selcom solves it all. The partnership with Flocash for example, not only includes the aggregation itself, but especially solves the complexity around regulation, money collection, and so on.
Selcom understands that there is no ‘one shoe fits all’ when it comes to entering new emerging markets, as each region/country has its own intricacies and ways of doing certain things. Especially, when it comes to the payment space and the preferred payment methods for a particular area. And how to empower Tanzanian consumers to take part in global e-commerce is something that Selcom has mastered. How? Selcom not only knows exactly what international merchants need but also has the knowledge on consumer habits and preferences that dictate purchase behaviour in Tanzania.
About Selcom:
Selcom is a Pan-African cross-segment financial and payment services provider, providing its customers across Sub-Saharan Africa, with a full range of electronic payment products and services focusing on digital, card and card-less processing services. Selcom provides dependable and flexible access to a variety of payment methods, allowing businesses to provide localised payments services throughout Tanzania that customers will love and helping global merchants tap into the emerging markets, like Tanzania.
About Flocash:
Flocash is one of the leading providers of payment services in the Middle East and Africa region. Their customers include global leaders in new media, travel, payments and ecommerce. Flocash enables global and cross-border businesses to accept over 200 payment methods across 60 countries through a single integration.