Alipay Partners Amadeus To Take On Travel

Users of travel technology provider Amadeus will soon have a new payment option open for completing bookings.  The two companies have announced a strategic collaboration to integrate Alipay into the Amadeus Payment Platform (APP).
 
As a result of the team-up, Amadeus’ travel providers will be able to directly cater to the Chinese travellers by allowing them to use Alipay’s online payment system to make bookings. 
 
“With this collaboration we add a key payment provider to our platform to satisfy our customers’ payment needs. Our travel-payment expertise, combined with Alipay’s market penetration and the ease of using Alipay’s products, will provide our customers with the right solution to meet Chinese payment demands,” commented Celia Pereiro, Head of Amadeus Travel Payments, reports Travel Daily News.
 
China’s tourism spending market exceeded $100 billion in 2012, and Chinese tourists are estimated to have made 100 million outbound trips during that time period.  That figure is expected to double by 2020. China’s spending is forecasted to reach $300 billion by then and represent the world’s largest domestic travel market.
 
“Alipay is delighted to be able to support Chinese consumers as they travel more widely and in greater numbers than ever before. This new collaboration combines the advanced technology and wide reach of two trusted leaders, Amadeus and Alipay, to give Alipay users more choice and convenience overseas,” said Jingming Li, group vice president and Head of Alipay U.S and Europe.

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