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Abanco and GuestLogix Partner to Offer Customers an Integrated Advanced On-Board Retail Management Solution; Airlines Change To A Revenue Generating Emphasis.


ROSEMONT, Ill. -- Abanco International, LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
, a leading provider of payment processing solutions, today announced a strategic agreement with GuestLogix, a creator of guest services application packages tailored to specific vertical sectors. The agreement will offer customers a comprehensive joint solution that will provide all the pieces for an advanced on-board On board usually means to be traveling on some vehicle. For example, Baby On Board. Compare with overboard.

Metaphorically, the term on-board is often used to refer to some piece of technology that is integrated in a moving vehicle, for example:
 retail management solution - software and services, payment, funds handler A software routine that performs a particular task. It often refers to a routine that "handles" an exception of some kind, such as an error, but it can refer to mainstream processes as well. The term is typically used in operating systems and other system software.  and fraud detector.

The Mobile Retail Outlet retail outlet npunto de venta

retail outlet npoint m de vente

retail outlet retail n
(TM), consists of Abanco's advanced payment solutions, hand-held device, payment clearing, inventory control, reconciliation and reporting services combined with GuestLogix's Funds Handler and Fraud Detector and Forecasting, Supply Chain Planning & Execution, and Billing & Reconciliation applications. In addition, enabling passengers to order on-board products and services through Web-based pre-flight ordering systems is also part of the new on-board retailing model.

"Given the vastly changed airline market over the past three years, the Years, The

the seven decades of Eleanor Pargiter’s life. [Br. Lit.: Benét, 1109]

See : Time
 focus within the on-board function for the airlines has now changed from a cost reduction emphasis to a revenue generating emphasis," says Tom Douramakos, president, GuestLogix. "With the combined solution, the emphasis we can place on the customer is a tremendous value-add as we offer a Mobile Retail Outlet."

With Mobile Retail Outlet, airlines will transition into innovative retail management processes utilizing:

--Forecasting and supply chain planning systems See spreadsheet and financial planning system.  of on-board goods and services In economics, economic output is divided into physical goods and intangible services. Consumption of goods and services is assumed to produce utility (unless the "good" is a "bad"). It is often used when referring to a Goods and Services Tax.  

--Technologies such as hand-held point-of-sale devices that process credit card transactions and handle cash transactions on-board

--Funds Handling applications to manage cash and on-board inventory

--Intelligent software that detects potential fraudulent The description of a willful act commenced with the Specific Intent to deceive or cheat, in order to cause some financial detriment to another and to engender personal financial gain.  behavior

--Sales performance analytics to provide incentives to on-board personnel to up-sell as new revenue streams become more and more important for all sizes of airlines

--Audit and reconciliation engines of third-party goods and services invoices

"Many different companies are developing pieces of the on-board retail puzzle, but only this partnership offers a complete on-board retail management solution," says Tracy Metzger, president at Abanco. "We are positioned to provide the airlines with a revenue generating solution that offers their customers products and services that are high quality, reasonably priced and meet their individual needs."

About GuestLogix Co.

GuestLogix develops, integrates and markets in-flight services management solutions to the guest services industry and their suppliers. Our mission is to provide best-of-breed solutions that deliver high-end functionality and unmatched flexibility to create new revenue streams for our customers and improve customer service while lowering costs all in a world where their customers are unique. The Guest Services Supply Chain includes airlines, caterers, railways, cruise lines
See also List of ferry operators
This is a list of cruise lines, companies that operate cruise ships.
Name Headquarters
A'rosa Europe
NCL America America
AIDA Cruises Europe
American Cruise Lines America
, hotels, and commissaries. GuestLogix is the creator of the Mobile Retail Outlet(TM), an On-Board Retail Management solution and CAM, a reservations requirements intelligent control tool that manages all Flight Deck and Cabin Crew cabin crew cabin n (Aviat) → équipage m  hotel requirements and day-of-flight changes. Company and product information are available at www.guestlogix.com.

About Abanco International, LLC

Abanco International, LLC, founded in 2002, is a leading provider of payment processing solutions that develops and markets a full suite of services to the automotive, healthcare, hospitality, insurance, retail and transportation industries. Its innovative hardware and software platforms are a product of Abanco's commitment to developing solutions that enhance customer relationships through management of all cardholder card·hold·er  
n.
One who holds a card, especially a credit card.



cardhold
 interactions including credit (with optional signature capture), debit, non-bank cards, electronic check services, and gift and loyalty programs. Abanco is headquartered in Rosemont, IL and has representative offices throughout the USA. Company and product information are available at www.abanco.com.
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Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Jan 12, 2005
Words:555
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