Worldline has entered into a strategic partnership with YeePay to enhance cross-border payment capabilities across China’s fast-growing aviation and travel sector.
Worldline and YeePay Forge Cross-Border Payments Partnership for China’s Aviation and Travel Sector
The company said the alliance combines Worldline’s global acquiring network and expertise in European aviation payments with YeePay’s strong presence in China’s travel payment ecosystem.
Together, they expect to deliver a one-stop solution for international airlines operating in China and Chinese carriers expanding globally.
With YeePay now connected to Worldline’s acquiring network, airlines and travel operators will benefit from faster settlements, improved compliance with Chinese and European regulations, and reduced operational costs.
Travellers will also gain from seamless transactions using local card schemes, international credit cards, and digital wallets.
“By combining our global network with YeePay’s unrivalled local expertise, we are creating a new benchmark for cross-border payments that benefits airlines, merchants, and travellers alike,” said Biljana Bosnjak, Vice President of Travel & Hospitality at Worldline.
Yu Chen, Co-founder of YeePay, said: “Joining forces with Worldline allows us to extend our capabilities and support both Chinese and international carriers with faster, safer, and more efficient transactions.”
The companies said the deal positions them to capitalise on China’s aviation rebound, with cross-border tourism already back to 80% of pre-pandemic levels. The partnership may also extend into other areas of the travel industry, including hotels and online agencies.