Paynode charter transactions grow 200%
*Avinode Group’s integrated payment service recently passed 150 weekly transactions, a growth of 200% in the past six months
*Paynode now connects more than 250 air charter companies
Paynode – offering faster and more secure air charter payments – was launched as an integrated payment service in Avinode’s marketplace in 2016. In the past 18 months, the platform has evolved significantly and now connects more than 250 air charter companies globally, enabling them to make instant payments within the network. In the first quarter of 2022 Paynode passed the milestone of 150 weekly transactions, meaning the activity on the platform has increased by 200% in the last six months.
“We’re very excited to see how Paynode has grown and been adopted by our Avinode members. We have seen exceptional growth, particularly in the past 12 months, where we have more than doubled the number of companies registered on the platform. And so far, feedback has been great! They love having the ability to send and receive payments instantly at the click of a button all within a trusted network. It’s been a game-changer for our members” says Brenton Melville (pictured), Payment Solutions Manager.
Trying to follow the progress of aviation payments on multiple platforms is an everyday stress for many finance departments worldwide. The Avinode team designed Paynode to take away all that pressure, creating a “comfort zone” with increased trust between members of the network. The only payment platform designed exclusively for the air charter industry is fast and secure, using one simple workflow to request, track and secure payments worldwide.
Paynode offers its members a selection of payment methods for a charter payment, including the ability to make instant payments between members of the network. When opting for instant payment as payment method, the funds will be sent and received in a split second – no matter the day, time or currency. The platform is also offering international wires and credit card payments, built to reduce the risk of fraud and simplifying the payment workflow.
As a broker that also manages a fleet of aircraft, Fast Private Jet has been an Avinode customer since 2018. With offices in the US and Italy, they joined the Paynode network a year ago and Mauro de Rosa, CEO and founder, has since then experienced first-hand how the Avinode-Paynode integration increases trust in the industry.
“I believe Paynode will be the future of air charter payments. It’s simple, stress-free, and intuitive to use. Paynode is building something that money can’t buy… trust. What it has done is providing the trust in the exact same way that Avinode has. It lets us work worldwide with operators and brokers in an efficient, safe way” says Mauro de Rosa.