Monarch

Monarch goes live with DCC using GCX technology

Monarch Airlines is one of the UK's largest low-cost carriers, carrying over 5 million passengers annually through its scheduled and chartered services. Monarch has now introduced a Dynamic Currency Conversion service for its bookings web site www.flymonarch.com using technology powered by GCX, to offer its customers the flexibility to pay in their local card currency.

Client Login Area

Please click here to log into the client area.

 

Find out how GCX's solutions for Dynamic Currency Conversion and Treasury Management can increase your revenue earned from existing sales with no setup costs and can reduce your funds management costs. Here's how

Your Customers

Q: What do your customers want?

A: Payment transparency, comfort and trust:

To be billed in their own credit card currency

To know the total amount at the time of purchase not at the end-of-the-month

To be offered a fair and competitive exchange rate

To be offered the choice of paying in the currency of their card or in the merchant's currency where different

Your People

Q: What do your people want?

A: Easy reconciliation and comprehensive day-to-day online reporting including:

Operational Reporting for your cash management and revenue accounting people

Business Intelligence reporting (historic and predictive analysis) for your treasury people

Know your customer - analysis of your customer base supports more effective marketing and allows more effective targeting of distressed inventory sales campaigns

Campaign effectiveness, customer profiling, and market penetration data and reporting for your sales and marketing people

Your Money

Three things happen when you sell online:

1) You accumulate profit

2) You accrue cost savings

3) You lose money through ineffective cash management and revenue accounting and sub-optimised revenue management

GCX and its technology works with you to rework the payments chain in your favour by:
a) Extracting unrealised value

b) Eradicating payment chain inefficiencies

Tiger Airways goes live with GCX technology

Singapore based Tiger Airways uses GCX payment technology to boost profits and improve customer service as it expands its fleet and rolls out a route network across south-east Asia.

Read more here.