Wirecard handles Visa, Mastercard and Maestro payments made through the Royal Air Maroc website and travel agencies
Wirecard says it started handling payments for online and travel agency bookings for Royal Air Maroc, Morocco’s national airline, and one of Africa’s leading and fastest-growing airlines.
Royal Air Maroc is set to join the oneworld alliance in mid-2020, and has annual passenger figures of 7.4 million with an average of 245 daily departures. In 2018, Royal Air Maroc and its subsidiaries generated revenues of 1.5 billion euros.
In addition to processing all online Visa, Mastercard and Maestro payments for Royal Air Maroc, Wirecard also handles credit card payments made via travel agency or airline agent ticket transaction settlement systems, such as ARC (Accounts Receivable Conversion) and IATA’s Billing and Settlement Plan (BSP), which serves more than 400 participating airlines and in 2018 processed more than 221.6 billion euros.