Worldline SA (EPA: WLN), a payment service provider, has signed a partnership agreement with Yeepay, a Chinese third -party payment provider specializing in the airline and travel.
This alliance combines the widespread worldwide Worldline acquisition network and the leadership in European air payments with Yeepay’s deep know -how in China’s payment ecosystem. Together, companies will offer a comprehensive one-stop payment solution, allowing smooth cross-border transactions for international carriers operating in China and Chinese airlines that expand their global presence.
Now that Yepay is related to the acquisition network, airlines and operations of Worldline Airlines will be able to benefit from simplified payment processes, accelerated settlement and complete compliance with both Chinese and European regulations. Airlines and travel companies on Worldline’s global collection platform will also gain improved business efficiency, reduced costs and higher payment experience for their customers.
Travelers, in turn, will be able to pay using their preferred methods, either local card systems, international credit cards or digital wallets, reducing friction and supporting the development of cross -border air travel.
Biljana Bosnjak, VP Travel & Hospitality on Worldline, commented:
“This collaboration with Yeepay marks an important step in enhancing our fingerprint in one of the fastest growing air and travel markets in the world.
Yu Chen, co -founder of Yeepay, commented:
“The participation of forces with Worldline allows us to expand our potential and support both the Chinese and international carriers with faster, safer and more effective transactions.