Global virtual travel card program launched by Visa and Trip.com
Visa and Trip.com Group have entered into a new global agreement designed to make booking and paying for travel more seamless.
Trip.com Group will introduce a Visa virtual travel card program via Trip.com Group’s fintech arm, TripLink.
The program, already launched in Singapore and expanding to the Netherlands and Hong Kong, is designed to help travel suppliers, hotels, and agencies process payments more efficiently and securely.
Under this collaboration, Visa and Trip.com Group will introduce Visa virtual card credentials across Trip.com Group’s global operations to streamline B2B payment flows.
The companies will also collaborate on joint marketing efforts.
The partnership will improve card acceptance and payment reliability across Trip.com Group platforms, allowing travellers to pay easily no matter where they are.
According to Visa’s research, 55% of Asia Pacific consumers plan to travel in the next six months, with Japan, China, and Australia among the most popular destinations.
Credit cards remain the preferred payment method for overseas spending.
“Travel should be exciting, not complicated. By working with Trip.com Group, we’re making payments simpler and more secure for travellers and travel partners,” said Arturo Planell, Group Country Manager, Regional Southeast Asia, Visa.
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Editor for TravelMole North America and Asia pacific regions. Ray is a highly experienced (15+ years) skilled journalist and editor predominantly in travel, hospitality and lifestyle working with a huge number of major market-leading brands. He has also cover in-depth news, interviews and features in general business, finance, tech and geopolitical issues for a select few major news outlets and publishers.
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