Event Cancel

AMA Cancel For Any Reason (CFAR) Membership

(Booking Refund Protection Solution)

Cancel for Any Reason (CFAR) AMA Affinity Refund Protection Plan allows ticketing platforms, digital companies to offer fair refund protection to their customers anywhere in the world.

The result of CFAR is higher conversions and happier customers and thanks to a seamless refund experience that doesn’t require to provide a reason for cancellation.

Cancel for Any Reason (CFAR) AMA Affinity refund protection plan seamlessly integrates through user-friendly APIs suitable for all tech levels, with detailed analytics on the platform. Performance is continuously monitored to ensure exceptional service and a competitive edge.

In today's world, leading global events, ticketing, travel, transportation and hospitality brands are using CFAR Refund Protection plan to boost consumer confidence and drive additional revenue.

Why you need AMA CFAR for your business?

Booking Refund Protection solutions has been crafted to offer an array of advantages that enhance the customer experience, boost commercial viability, and amplify promotional opportunities for global brands, thereby propelling their business towards greater success:

Improved

Improved Refund Policies

Offering more customer-friendly and flexible refund terms to enhance satisfaction and trust, potentially reducing refund requests.

Conversion

Increase Conversion

Elevating the rate at which website visitors or potential customers take desired actions, such as making a purchase, signing up, or booking a service.

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Upselling Opportunities

Providing chances to sell additional products or services to existing customers, increasing the overall transaction value.

Events

Extra Revenue Generation

Identifying and tapping into additional income streams to augment the overall financial health of the business.

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Reduced Risk

Implementing strategies to mitigate potential risks or liabilities associated with business operations, safeguarding against adverse outcomes.

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Lower Cost-Per-Clicks

Optimizing online advertising campaigns to reduce the expenses incurred for each click, maximizing marketing efficiency and budget management.

AMA CFAR Covers

Accomodation

Accommodation

Events

Events

Sports

Sports

Tourism & Travel

Tourism & Travel

Ticketing

Ticketing

Transportaion

Transportaion

Bundles with Sales Channel / Partners

Ticket

Increased Ticket Sales

Passengers are more likely to book flights if they know they can cancel for any reason, leading to increased ticket sales and revenue for airlines.

Reduced

Reduced No-Show Rates

CFAR reduces the number of passengers who fail to show up for their flights, allowing airlines to optimize seat occupancy and reduce financial losses.

Streamlined

Streamlined Refund Process

Your product simplifies the refund process, making it easier for passengers to cancel and claim refunds, which, in turn, reduces administrative burden on airlines.

Customizable

Customizable Options

Airlines can tailor the CFAR coverage to their specific needs, offering different plans and pricing options to suit different passenger segments.

Risk

Risk Mitigation

CFAR coverage can act as a risk management tool, protecting airlines from revenue loss due to last-minute cancellations.

Improved

Improved Reputation

Offering a CFAR product demonstrates a commitment to passenger satisfaction and flexibility, enhancing an airline's reputation.

Ancillary

Ancillary Revenue

Airlines can generate additional income by selling CFAR coverage as an ancillary product, boosting their overall revenue.

Marketing

Marketing Opportunities

Highlighting the availability of CFAR coverage in marketing campaigns can attract new customers and improve customer retention.

Customer Value

Enhanced Customer Value

Offering CFAR coverage as a credit card benefit enhances the overall value proposition, making the card more attractive to potential and existing customers.

Competitive

Differentiation and Competitive Edge

Banks can stand out in a crowded credit card market by providing a unique and valuable feature that few competitors offer.

Acquisition

Customer Acquisition & Retention

CFAR coverage is a powerful incentive for new credit card customers and aids in expanding banks' cardholder base. It also boosts customer retention among existing cardholders.

Usage

Increased Card Usage

Customers are more likely to use a credit card with CFAR coverage for their travel-related expenses, driving higher card usage and transaction volume.

Chargebacks

Reduced Chargebacks

CFAR coverage can help minimize chargebacks related to travel cancellations, ultimately reducing the financial burden on the bank.

Comprehensive

Comprehensive Travel Protection

Offering CFAR protection complements other travel-related benefits such as travel insurance, concierge services, and reward programs, creating a more comprehensive travel package for cardholders.

Improved

Improved Risk Management

CFAR can act as a risk mitigation tool for banks, helping protect against potential losses resulting from customers' travel cancellations.

Mitigation

Risk Mitigation

Your CFAR product provides Event Management companies with a safety net, reducing financial risks associated with event cancellations and ticket refunds.

Confidence

Enhanced Customer Confidence

Offering CFAR coverage to ticket buyers instills confidence in the event's reliability, encouraging more ticket sales.

Sales

Increased Ticket Sales

Customers are more likely to purchase event tickets if they know they can cancel for any reason, leading to higher ticket sales and revenue.

No-Shows

Reduced No-Shows

CFAR coverage can reduce the number of no-shows at events, helping to optimize seating and improve event planning.

Process

Streamlined Refund Process

Your product simplifies the refund process, making it easier for customers to cancel and claim refunds, which, in turn, reduces administrative workload for event organizers.

Revenue2

Ancillary Revenue

Companies can generate additional income by selling CFAR coverage as an add-on product, boosting overall revenue.

Opportunities

Marketing Opportunities

Promoting the availability of CFAR coverage in marketing campaigns can attract new customers and improve customer retention.

Increased

Increased Booking Confidence

Your CFAR product provides hotel guests with the flexibility to cancel their reservations for any reason, which increases their confidence and willingness to book rooms.

Rates

Enhanced Occupancy Rates

Hotels offering CFAR coverage are likely to experience higher occupancy rates, as guests are less apprehensive about booking rooms in advance.

Revenue

Revenue Protection

CFAR coverage minimizes revenue loss due to last-minute cancellations, providing hotels with a financial safety net.

Bookings

Group Bookings

Extend CFAR coverage to group reservations, making it an attractive option for corporate events, weddings, and other group bookings.

demonstrates

Reputation Enhancement

Offering CFAR coverage demonstrates a commitment to guest satisfaction and flexibility, ultimately enhancing the reputation of hotels.

Boosted

Boosted Booking Conversion

Customers are more likely to complete bookings on OTA platforms if they know they can cancel if circumstances change, leading to higher conversion rates.

Protection

Revenue Protection

CFAR minimizes revenue loss due to cancellations and last-minute changes, providing OTAs with a financial safety net.

Process

Streamlined Refund Process

Your product simplifies the cancellation and refund process, reducing administrative workload for OTAs and enhancing the customer experience.

Bookings

Support for Group Bookings

Extend CFAR coverage to group bookings, making it an attractive option for corporate travel and group events.

Enhancement

Reputation Enhancement

Offering CFAR coverage demonstrates a commitment to customer satisfaction and flexibility, ultimately enhancing the reputation of OTAs.

Packages

Support for Travel Packages

Collaborate with tour operators and other travel businesses to include CFAR coverage in their packages, creating a more comprehensive and attractive offering for customers.

Expanded

Expanded Product Portfolio

Adding CFAR coverage to their offerings allows Travel Insurance Companies to diversify and enhance their product portfolio, attracting a broader customer base.

Retention

Customer Retention

CFAR coverage can help increase customer retention by offering additional protection and flexibility to policy holders.

Revenue1

Ancillary Revenue

Selling CFAR coverage as an add-on or premium feature can create an additional source of income for travel insurance providers.

Options

Customization Options

Travel Insurance Companies can tailor CFAR coverage to meet the specific needs of different customer segments, offering various plans and pricing options.

Collaborative

Collaborative Partnerships

Partner with airlines, hotels, and other travel-related businesses to create joint promotions and packages that include CFAR coverage, expanding the reach of the product.

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Cancel for Any Reason (CFAR) AMA Affinity Refund Protection Plan
(End-to-End Solutions)

CFAR Products

CFAR is an add-on to travel insurance that covers prepaid, nonrefundable flight & trip costs, even for reasons not covered in the travel insurance plan.

Technology Platform

Digital infrastructure and tools for tech functions or services within an organization.

Assistance Services/ Customer Care

24/7 Customer support for needs, inquiries, and overall experience.

Quick TAT

Setup your business and go live within 10 working days*

DHA helpful

Technology / Platform

API

API for data sync

Mobile

Mobile web app/portal for end users

real-time

Client login to check real-time claim data

DHA helpful

Assistance/TPA Capabilities

Human errors

24/7 Support

Human errors

8 Office Locations

Human errors

Depth knowledge of Travel Industry

Human errors

Multilingual alarm centre support

How AMA CFAR Works?

1.

Vendor activates AMA CFAR at no expense to them

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2.

Customer makes a booking and opts for refund protection

3.

If an issue arises, they are unable to attend.

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4.

Customer requests a refund through AMA CFAR

5.

Our dedicated team swiftly processes the refund request

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6.

Approved refunds are disbursed within 48 hours

7.

Customer is delighted with the exceptional overall experience

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