One of Nigeria’s financial technology services firms, Kalabash, has announced its admission into the aviation sector. The Fintech company disclosed that it had signed a multi-year agreement with Air Peace, West and Central Africa’s largest airline, to provide its resourceful Pay Small (PSS) payment solution.
Pay Small Small is a flexible payment plan that allows passengers to access great travel deals with the best reasonable prices. To apply for the product package, passengers are to pay as little as twenty-five per cent (25%) of the total cost as a deposit and initial payment for travel fares.
Thereafter, the Ballance will be split into convenient instalments with a duration of twenty-four hours (24hrs) to six months. The payment must be completed before travel.
According to the company, their Pay Small Small Product was developed to alleviate burdens on travellers by creating an easy payment plan and affordable ticket prices. Customers who book ahead of time can take advantage of lower fares. Checkout is simple, and no credit checks are required because all customers have access to the payment plan.
Read also: Egyptian Fintech Geidea Partners With Visa To Accelerate Digital Payments
Kalabash And Air Peace Collaboration
The cooperation allows all passengers on Air Peace Flights, both local and international, to pay by instalment with Pay Small Small for their flights.
Kalabash’s Chief Executive Officer, Ladi Ojuri declared that “Kalabash is positioned to transform businesses across Africa and drive growth within the travel sector by making customer acquisition faster, more affordable, and more efficient. It will be supported by best practices for security and compliance, making transactions less vulnerable to fraud, errors, and other risks.“
According to Ojuri, “With the current economy, we believe that our Pay Small Small for Travel product will add value to Air Peace and Nigerians in general. We have a track record of assisting customers in meeting their travel obligations without breaking the bank.”
Air Peace is a well-developed airline that conducts scheduled and charter flights, services twenty domestic routes, seven regional routes and three international destinations, namely, Johannesburg, Dubai and Guangzhou, China, boasting of an increasingly modern fleet of over 30 aircraft.
Also, the collaboration brings convenience and flexibility to travellers while optimizing revenue for airlines.
A comment from the Chief Operating Officer of Air Peace, Oluwatoyin Olajide says, “we are very pleased to partner with Kalabash on this innovative payment solution and we look forward to a long-standing mutual beneficial relationship.”
He continued, “as an airline, we are constantly exploring opportunities and partnerships that priorities the convenience of our customers and position us more strategically to continue to serve them better.”
Visit the Air Peace website to access Pay Small Small by Kalabash on the checkout option at https://www.flyairpeace.com/ or www.airpeace.com and also on Africa’s leading full-service online travel agency Wakanow
Chapa launches online payment gateway service for businesses
Aviation Sector In Nigeria
Civil aviation is a critical element in Nigeria’s transportation system and, indeed, its economy. Nigeria has twenty (20) airports, many regulated airstrips and heliports, 23 active domestic airlines, 554 licensed pilots, 913 licensed engineers and 1700 cabin personnel. Nigeria, Africa’s most populous country, is an important destination for over 22 foreign carriers. Nigeria currently has Bilateral Air Services Agreements with over 78 countries.
The Nigerian International airports, notably in Abuja, Calabar, Kano, Lagos and Port-Harcourt, are leading cargo centers. An important segment of the air transport sector, the air-freight business is kept alive by a combination of shippers, airlines, leading currier firms (such as UPS and DHL) and handling companies (such as NAHCO and SAHCOL). All the essential components in the sector, airlines, passengers, aircraft, crew, and service providers, are working in harmony to deliver a safe and economically sound air transport system that meets national and international standards.
From Nigeria, air travellers can fly directly to many of the world’s business centers such as London, Paris, Frankfurt, New York, Johannesburg, Atlanta, Amsterdam, Dubai and Jeddah, to mention a few. With the attainment of America’s Federal Aviation Administration (FAA) International Aviation Safety Assessment (IASA) Category One Certification, Nigerian registered carriers can now fly directly into the United States of America (USA).
In recent years, domestic and overseas passenger traffic has risen steadily at an average of 10% per annum, and Murtala Muhammed International Airport (MMIA) Lagos, the Nation’s main gateway, accounts for over 60 per cent of the total passenger and aircraft movement. The consistent rise in passenger and aircraft has spun a thriving service industry, driven not just by private-sector profit motives but also by innovation and the strong desire to satisfy customers. The airport is being repositioned as a regional hub by the Federal Government of Nigeria. The effort of the Government to reposition the airports in Nigeria is being complimented by the Nigerian Airspace Management Agency, which has made massive investments in the upgrade of Navigational facilities, including new radar systems and modern landing aids. The Agency has well-trained personnel, which includes 490 Air Traffic Controllers.