Noosa's travel-embedded finance is revolutionising how consumers pay for travel services

Noosa is pioneering travel-embedded finance, empowering online travel companies and airlines to provide consumers with pre-approved, low-cost credit payment services. This innovative solution leverages a unique travel data extraction method and a sophisticated finance calculation algorithm engine to enable the sale of receivables to finance providers.
Existing consumer credit services at payment checkout, like BNPL, treat travel bookings as generic e-commerce credit transactions. However, they often overlook the distinct backend payment flow to suppliers and unique credit risk characteristics specific to travel. Such oversight leads to unnecessary credit risk and liquidity demands, affecting both travel providers and customers.
With Noosa, travel providers experience a remarkable 20% increase in conversion rate and an impressive 25% boost in booking order values. What’s more, this comes with significantly reduced merchant fees and lower costs of credit for consumers. As a result, up to 45% of bookings are processed through deferred payment, leading to earlier bookings –  a win-win for both providers and travelers.
Noosa’s API-only solution seamlessly integrates credit services throughout the booking journey, from travel discovery to payment checkout. By leveraging booking data, it facilitates credit origination and offers flexible instalment plans for consumers to choose from.