1-click checkout & check-in does not exist in Travel although very popular in E-commerce. We aggregate ID verification from ID wallets & open banking to process full checkout data in 1 click
Current Status
Paid MVP Pilots on Shopify. Approved by Shopify and WooCommerce.
Market
Business and corporate travelers account for 12% of all travels but contribute up to 75% of airlines profits.
60% of global travel market is in the US.
Therefore we focus on business and corporate travelers in the US as a primary market.
Problem or Opportunity
Customers prefer 1-click checkout in E-commerce, 1 click payments. But it doesn't yet possible in Travel. Travel has complex checkouts, check ins, always require ID data processing. Data privacy rules are different by country, difficult to store and comply and avoid breaches.
Cart abandonment and conversions in Travel are the worst across online services, 60% of visitors are "new" and need to fill in full checkout.
Solution (product or service)
Decentralised verifiable credentials in a form of digital wallet allow frequent business travelers to process ID data and payment in 1-click and exclude completely checkout and check-in forms. 1-click Travel.
Decentralized management of ID simplifies data privacy compliance and reduce business costs of storage and data security vs centralized storages.
Convenience, simplicity and ID data privacy is important for frequent business and corporate travelers.
Competitors
TravelPerks
Selfbook
most of competitors are Web2 , with centralized personal data processing and web2 tech legacy.
Advantages or differentiators
Experienced team in Ecommerce and online travel incl advisors.
Web3 tech structure at core with focus on simplicity for checkout and check in.