Market Herald logo


Be the first with the news that moves the market
  • Paypal now available to Air Canada (TSX:CA) website customers
  • Director Keith Wallis said the move gives customers flexibility
  • Looks to implement e-commerce platform in other business areas
  • AC shares were down 1.66 per cent and trading at C$44.93 per share

Air Canada have introduced the PayPal online payment system for customers on their website after announcing the move last week.

Director Keith Wallis said the platform, with more than 300 million users globally, will give customers flexibility when purchasing tickets and hopes to expand its use to other business areas in the future.

“Air Canada’s strategy is to continually provide customers the opportunity to make their purchase using their preferred method of payment (and) we are therefore pleased to announce our agreement with PayPal, the popular online payment system that is secure, fast and convenient to use,” he said.

“Having now made PayPal available for ticket sales in Canada, we will look to expand the program to other markets as opportunities arise.”

Paypal Canada president Paul Parisi said the move was a positive development for airline travellers.

 “We’re excited to add Air Canada—our first airline partner in Canada—to a growing fleet of airlines across the globe that leverage our global e-commerce platform to expand their reach,” he said.

“Our two companies share the same goal to provide a great checkout experience for travellers, so they spend less time buying tickets online and more time enjoying their trip.”

The PayPal platform offers a convenient and secure method of online payment via the customer’s preferred option, either through a bank account, credit card or debit card linked to their PayPal account.

Air Canada shares were down 1.66 per cent and traded at CAD$44.93 per share.

More From The Market Herald

" Else Nutrition (TSX:BABY) closes $7.35M public offering

Else Nutrition (BABY) has closed its marketed public offering for gross proceeds of approximately $7.35 million.

" Simply Better Brands (TSXV:SBBC) broadens its portfolio

Simply Better Brands (SBBC) has announced two new flavor profiles under its growing TRUBAR brand.

" Bragg Gaming (TSX:BRAG) and Kalamba Games expand distribution agreement

Bragg (BRAG) and Kalamba Games have expanded their distribution agreement into the U.S.

" Feeding our plant-based future

One of the fastest-growing segments today is the plant-based industry, as the push towards cleaner lifestyles, eating habits, and sustainable living choices fuel