Dubai’s Emirates launches new payment solution in partnership with Deutsche Bank

Dubai-based Emirates has announced the launch of Emirates Pay, a new account-based payment method for purchasing air tickets.

Emirates Pay is now available for customers in Germany and the UK who are purchasing tickets via the carrier’s website. It is the world’s first airline to launch this payment alternative powered by a white-label solution jointly developed by the International Air Transport Association (IATA) in partnership with Deutsche Bank, a statement said.

The solution, an alternative method to pay for air tickets purchased online by directly debiting their bank account, is based on real time payments and open banking/request-to-pay schemes.

Michael Doersam, CFO at Emirates said: “We’re pleased to be the first airline to roll out this new account-based solution for our customers. Our aim is to provide our customers with choice, convenience, and the best possible experiences at every touchpoint.

“Customers who don’t have a credit card, and those already using direct payments for other purchases, will welcome the simplicity and security of this method when making travel purchases. When it comes to payments solutions, we’ve always kept close to the latest innovations so that we can offer our customers in different markets the most secure and convenient options.”

Introducing Emirates Pay, a new industry payment solution in partnership with @DeutscheBank for purchasing air tickets. Emirates Pay is now available for Emirates customers in Germany and the UK who are purchasing tickets via the Emirates website. https://t.co/ECiUYYyJUt pic.twitter.com/V4jmZoqWka

— Emirates Airline (@emirates) July 5, 2021

“We are very proud that Emirates, which is widely recognised as one of the world’s best airlines, is the first airline to implement the new payment solution,” notes Ole Matthiessen, global head of cash management at Deutsche Bank. “The launch of Emirates Pay not only sends a very positive message to all of us that the airline industry is putting Covid behind, but more importantly that Emirates is clearly focused on improving client experience at the transactional level when moving into a brighter, post Covid world.”