How we protect payments in Business Aviation

29 Aug 2024

Data security and payment integrity are essential in Business Aviation, especially with high-value transactions and increased last-minute bookings during peak seasons. At Avinode, we are investing in secure payment solutions that give our members confidence while ensuring flexibility and seamless operations.

During high peak seasons like summer and winter holidays, payment security becomes even more critical in business aviation. The industry is particularly vulnerable to fraud due to the large sums of money involved and the urgency with which transactions often occur. It’s also considered high-risk when it comes to credit card payments because individual charter payments are typically high-value and for services scheduled in the future. Without a prior business relationship, establishing trust with new clients can be difficult. Even when a client claims to have wired funds, provides a screenshot of payment confirmation, and promises the funds will arrive the next day, there is no guarantee the payment will be received as expected.

Without the right safeguards in place, operators risk significant financial losses, as seen in cases like Odyssey Airways, which you can read more about here. This experience led them to adopt our integrated payment solution, Paynode, allowing them to settle payments faster and keep their funds secure.

Our commitment to security goes beyond just protecting funds — it’s about providing a reliable, efficient payment experience for our members. With features like Trip Authentication, Passkey, and Card on File, we help operators manage their payments with ease and confidence. These tools not only mitigate risks but also ensure prompt payment for last-minute changes or added services to confirmed trips.

We understand the unique challenges of the business aviation industry, and our payment solutions ensure that compliance and security are seamlessly integrated into the booking flow. Through our thorough verification processes, we are committed to protecting your business so you can focus on delivering exceptional service to your clients.


Keep reading