PAYNOVA IN COOPERATION WITH RYANAIR
Paynova and Europe’s largest low cost airline, Ryanair, have over the last year discussed how Paynova’s electronic payment services could be adopted into Ryanair’s booking system. The parties have now agreed to perform a technical and commercial feasibility study that will initially cover payment flows from Sweden, Denmark, Norway and Finland. Subsequently this may be expanded to Ryanair’s other markets in Europe.Paynova has recently entered into agreements with two Swedish travel operators, SJ (the Swedish state railway company) and Swebus Express within the “Payment services for passenger