News

How Ryanair makes money (cont...)

30 Nov 2009 by Tom Otley

Ryanair has announced that it is to launch a new Mastercard prepayment card on 1 December, and a month later will start to charge for the Visa Electron card.

From 1 January 2010, the Visa Electron payment card will attract a €5 administration charge while MasterCard Prepaid will become the sole free from of payment on www.ryanair.com.

The airline says that "The MasterCard Prepaid card is much more widely available than Visa Electron and can be picked up from financial institutions/ card issuers throughout Europe (including Belgium, Ireland, Netherlands and Portugal) and online. MasterCard Prepaid cards will not only provide savings on Ryanair flights but can also be used to withdraw money from ATMs and make retail purchases in shops and online."

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