Fly Go and TBI Credit launch a digital credit for the purchase of holidays

Fly Go, one of the largest online travel agencies in Romania, and TBI Bank, part of TBI Bank, have launched an online credit, the first 100% digital financing product available in Romania to buy tourist products and services.

The new payment method can be accessed  directly from Fly-Go.ro, without the need for a visit to the bank or the travel agency. This payment method is based on an online funding stream that allows customers to be identified by a video call and electronic signing of documents.

This whole process takes no more than 10 minutes and is available 24/7, company representatives estimate.The financing solution can also be accessed   by new customers, not involving a previous relationship with a bank.

” We expect that around 10% of customers who buy this summer holidays or other tourist products on Fly-Go.ro will pay for it using this option. From the feedback that we already have, we notice that the new payment method gives tourists the opportunity to get another holiday in the summer season, which will certainly make them more beautiful summer, “says Stefano Iervolino, founder and CEO Fly Go.

Currently, the budget allocated by Romanians for a summer family holiday is between 900 and 1,200 euros, according to Fly Go estimates. At the same time, the average cost of a city break is 200 euros per person.

According to a Fly Go analysis, the most visited destinations for summer holidays are still Greece, Turkey and Spain.

However, Romanian tourists are increasingly opting for new destinations in countries and regions such as Croatia, Corsica, Malta, Sardinia and Sicily, both for stays of 7-10 days and for citybreaks.

” The digital platform of TBI Credit allows the purchase of fast, simple and fast travel services without direct interaction with the bank or agency. The client needs a camera and microphone, identity card, and in just 10 minutes can pay for the desired holiday , “says Ionuţ Cristea, Head of Business Development Ecommerce, TBI Credit.

Launched in 2005, Fly Go is currently operating in three markets: Romania, Italy and Spain.  The company  sells from low-cost and liner flights to all airports in the world, hotel reservations,  city-break packages, rent-a-car services, personalized tourist services, 24/7 advice and support to tourist guides for hundreds of destinations on all continents.

TBI Credit, part of TBI Bank, is a banking institution set up in 2003, owned by 4finance, a European digital landing group.  TBI Credit has portfolio products and financial services through partners, both in physical locations and online.

Source: OZB