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    Stanbic IBTC, SAA introduce SAA FlexiPay

    Stanbic IBTC Bank, a member of the Standard Bank Group, has partnered South African Airways (SAA) to launch an e-ticketing solution in Nigeria aimed at reducing travel costs. The launch took place in Lagos, Nigeria.

    The platform, called ‘SAA FlexiPay,' is an electronic ticketing solution built on Stanbic IBTC's collection platform called CollectPlus. It entails a process in which customers can purchase a ticket and step into the plane.

    The Standard Bank Group, to which Stanbic IBTC belongs, has launched electronic banking in Nigeria with its online banking channel, called New Business Online, in Lagos and Abuja.

    At a press briefing to herald the launch, the deputy CEO, Stanbic IBTC, Sola David-Borha, said, “The introduction of this e-ticketing channel fits into Stanbic IBTC's strategic focus of strengthening its universal banking franchise.”

    SAA FlexiPay is an internet based e-ticketing solution designed for agents and individuals for making payment for ticketing via Stanbic IBTC branches nationwide or through the Stanbic IBTC web. After the payment is made, the South African Airways staff are alerted via email and they can log on to the SAA FlexiPay to verify details such as 'who made the payment, the details of the payer, how much was paid, where the payment took place, and the Passenger Name Record (PNR). The ticket is released after confirmation and is sent to the agent or individual that made the payment.

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