PayPal Holdings Inc. (NASDAQ: PYPL) announced the addition of PayPal as a checkout option for all U.S.-based cruise reservations operated by Norwegian Cruise Line Holdings Ltd (NYSE: NCLH).
Now, travelers looking to cruise with Norwegian Cruise Line, Oceania Cruises® and Regent Seven Seas Cruises, can “benefit from the ease, simplicity and security of paying with PayPal when booking their travel experience.”
In addition to offering travelers the ability to checkout with PayPal, Norwegian Cruise Line Holdings will continue to “leverage PayPal Braintree for credit-card processing for both reservations and all shipboard payments.”
Suzan Kereere, President, Global Markets, PayPal said:
“At PayPal, we’re making travel more seamless for consumers by deepening our relationship with well-loved global travel brands. With Norwegian Cruise Line Holdings, we’re offering people a convenient way to book their dream cruises all the way from reservations to experiences on high seas.”
Customers who pay with PayPal may reportedly take advantage of a “43% faster checkout than those using traditional checkout.”
In addition, PayPal has shown to help “increase conversion by an average of 84% among customers who pay online for travel.”
Harry Sommer, President and CEO at Norwegian Cruise Line Holdings Ltd. said:
“The implementation of PayPal marks a major milestone in our payments acceptance journey. At Norwegian Cruise Line Holdings, we are committed to providing guests with more variety and more value through elevated offerings. The addition of PayPal as an easy and secure option to pay for their cruise is a key contributor to providing our guests with the best vacation and experience possible.”
As covered, PayPal says it has been improving commerce “globally for more than 25 years.”
Creating innovative experiences that make moving money, selling, and shopping simple, personalized, and secure, PayPal empowers consumers and businesses in “approximately 200 markets to join and thrive in the global economy.”
As noted in the update, Norwegian Cruise Line Holdings Ltd. is a “global cruise company that operates Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises.”