Abacus International has announced a new collaboration with PayPal, a world leading online payment provider, to equip travel companies with the solutions needed to stay ahead in the fast-changing online travel industry.
Abacus will integrate PayPal as a payment option in their ready-to-go online booking engines, Abacus WebStart and Abacus WebConnect.
These integrated solutions will enable more than 20,000 travel agencies located across Asia Pacific to have an online presence and transaction capability in one easy step.
The online travel market in the Asia Pacific is projected to see double-digit growth through 2012, remaining the fastest-growing travel region globally through 2013, when it is expected to reach US$357 billion.
According to the recent PayPal Online and Mobile Shopping Insights study, travel was the number one category for online purchases accounting for S$263 million in Singapore.
Abacus WebStart is a full-featured, ready-to-go online booking engine specifically built for travel agencies to get their brand online quickly, at near zero cost.
Abacus WebConnect is a tool kit that enables travel suppliers to build and deliver a robust booking engine that lets their customers shop and book their travel online anytime, anywhere.
PayPal’s integration with these online solutions provides travel companies the ability to make travel transactions from day one, especially to the large pool of existing PayPal customers, encompassing more than 113 million active users across 190 markets globally.
Robert Bailey, president, Abacus International said: “Consumers today are making more travel bookings online and travel agencies want to gain a competitive advantage in addressing this trend.
“By integrating PayPal into Abacus WebStart and Abacus WebConnect, travel agencies can now look forward to an effective platform to start an online business with the added benefit of being transaction-ready.
“In addition, a strong global brand like PayPal is a real boon to travel agencies as it instills a certain level of confidence and trust to global travellers who may be initially wary of purchasing travel packages or flight tickets from unknown travel agency websites.”