Cebu Pacific has entered into an agreement with mnc.aero to implement a new automated payment reconciliation platform for its financial operations.
This system will replace traditional manual processes, offering real-time transaction matching and enhancing visibility throughout revenue streams, thus supporting the company’s financial closing cycles.
mnc.aero is a leading provider of payment solutions tailored for airlines. The company’s platform integrates data from various sources including payment service providers, global distribution systems, and direct booking channels to streamline reconciliation tasks.
Earlier this year, Scandinavian Airlines (SAS) also partnered with mnc.aero for its adad payment reconciliation solution, aiming to optimize internal processes and gain better insight into revenue flows. This move was announced in October 2025.
Automated Reconciliation Streamlines Operational Efficiency
Airlines handle payments via numerous channels such as card networks, alternative payment methods, travel agencies, and corporate accounts. The reconciliation process involves matching these incoming payments with booking records to validate settlement amounts and identify inconsistencies across different data sources.
Manual reconciliation demands finance teams to independently process transaction files from acquirers, payment gateways, and booking systems. Implementing automation significantly reduces the time spent on record-matching tasks and accelerates the detection of discrepancies or failed transactions. The mnc.aero platform maintains comprehensive audit trails throughout the payment lifecycle, ensuring compliance and supporting accurate financial reporting.
Payment Complexity Grows with Payment Orchestration Adoption
The increasing use of payment orchestration platforms by airlines has added layers of complexity to the reconciliation process. These systems route transactions through various acquiring banks and payment service providers, complicating the matching process.
Paul van Alfen, a Travel Payments Strategist at Up in the Air, highlighted that travel merchants continue to grapple with issues like card scheme compliance and data security, alongside other priorities such as cost control, credit risk management, and fraud prevention. “As payment orchestration solutions expand, maintaining synchronicity within the back office and effectively reconciling an increasing number of connected acquirers and payment providers will be crucial,” he emphasized.
