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Search results for “settlement”
Overcoming the many challenges to make blockchain work for airline distribution
10/18/2018
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6:13:11 PM
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According to Sabre, it is more logical to introduce blockchain in “less demanding” areas first such as in back-end processes including settlement and contract negotiations before moving it “up the chain” to booking transactions.
A bite of China’s mobile payments pie – now Apple Pay wants it too
02/23/2016
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9:56:19 AM
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Can Apple Pay take on Alipay and Tenpay in China? It’s going to be a herculean task, but Apple is optimistic going by its current level of growth in this market.
Asiana Airlines to pay $55 mln in U.S. price-fixing class action
10/15/2014
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11:52:54 AM
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South Korea-based Asiana Airlines Inc has agreed to pay $55 million to settle allegations in a U.S. class action that it conspired with other airlines to fix rates for shipping air cargo
Travel companies eye digital wallets to streamline mobile checkout
10/15/2015
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3:24:16 PM
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More and more travel companies are looking at alternative form of payments (AFPs) such as Alipay, offering Chinese consumers a diverse set of payment options.
China state GDS TravelSky bolsters its corporate travel with Beijing HangJu
10/19/2015
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11:53:43 AM
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TravelSky created the IT subsidiary Beijing HangJu to help TMC clients find the best airfares with an easy payments-and-settlements system.
China launches China International Payment System to boost RMB globalization
10/09/2015
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10:28:21 PM
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The first phase of China International Payment System (CIPS) was officially launched, a milestone in the internationalization of the renminbi or yuan.
How Shanghai is driving surge in Chinese tourism to Japan
08/03/2015
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8:53:09 PM
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4 million Chinese are expected to head to Japan this year, a 2/3 increase from last year. More than 40 percent were from the greater Shanghai area in 2014.
Payment acceptance in China is all about dealing with fragmentation
07/08/2015
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10:20:12 PM
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Payment technology maturity and adoption is diverse in China. Airlines need to follow different rule sets and service levels for alternative payment types than that of credit cards.
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