воскресенье, 2 марта 2014 г.

While no one knows how the airline pricing system works, Vizant knows exactly how the pricing struct


Imagine an airplane filled with 150 passengers headed san francisco wine tours to the same city, a rather common occurrence these days. Imagine the same 150 people going online to Amazon to purchase the same item. These 150 people will all pay a different price for the airline ticket yet they will all pay the same price for the item they are purchasing online. How can this be? Simple. Amazon cannot get away with charging every customer a different price. There would be consumer uproar. But, the airlines do exactly this and get away with it.
The airlines couch their opaque pricing structure in terms of demand, competition, customer loyalty, etc. In reality, they have established very sophisticated metrics and pricing models with one goal in mind: to maximize revenue on every single ticket. Why else would one person pay $150 for a coach seat and another sitting next to them pay $750? If consumers had the ability to know what the airline would really accept for every ticket purchased, then consumers would be in control. Yet that will never happen.
The financial payments industry is eerily similar in its approach to pricing and cost for the acceptance of credit cards, debit cards, prepaid cards, e-checks, paper checks and ACH payments. At Vizant, we know this because we see payment cost data every day as we engage san francisco wine tours with new clients. Let’s take payment cards for example. The metrics and pricing models are convoluted, complex and anti-competitive. Just like the airlines. How else could two companies with exactly the same dollars in annual payment volume and in the same industry vary so greatly as to their total cost to accept payments?
While no one knows how the airline pricing system works, Vizant knows exactly san francisco wine tours how the pricing structure works in the financial payments world and brings transparency to each of our clients. This unparalleled level of expertise and knowledge has been gained through thousands of client engagements, from New York to California, and London to Australia. No matter how extensive the knowledge possessed by someone in an organization s finance or treasury area, Vizant brings a level of expertise and industry acumen san francisco wine tours that is unmatched.
Our analytical processes, proprietary information and multiple U.S. patents work together to assist our clients in reducing their cost to accept financial payments. Once we are engaged by a client, we can guarantee this: they will reach maximum cost efficiency and attain the lowest possible cost to accept and process every type of payment.
If Vizant were engaged to assist every consumer in securing the best possible price for an airline ticket, we would ensure that every passenger would pay the same price and it would be the lowest possible cost. This is the Vizant difference!
san francisco wine tours TOPICS ach Airline Ticket Comparison Anticompetitive Industry benchmarking information credit cards debit cards e-checks paper checks payment cards prepaid cards pricing san francisco wine tours models Proprietary information and processes Transparency

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