Mastercard and TripLink have joined forces to introduce a seamless and reliable cross-border payment experience for businesses to enhance travel recovery, extending their partnership from Hong Kong to across the entire Asia-Pacific region.
By providing highly customised services that offer both portal and API integration options for a seamless card management experience, the TripLink Mastercard solution addresses challenges such as lengthy and slow processing as well as high administrative fees. With the payment option provided by TripLink, merchants and suppliers are assured of having a smooth and user-friendly process from registration to application.
Both companies prioritise data security and compliance, so merchants and suppliers can enjoy dependable and secure payments through Mastercard’s global payments network with its multi-layered security protection.
Wang Zhe, CEO, TripLink International, said: “With an increasing number of consumers shifting to digital-first lifestyle and payment means, it is crucial for our corporate customers to cater to these emerging trends, and to improve their cross-border payment capability.
“To catch up with the evolving needs for a more seamless and secure payment experience, we will speed up the relevant development and try to gain mutual growth with our customers.”
Dennis Chang, executive vice president and division president of Greater China, Mastercard, said: “Amid continued growth in the business-to-business payment market, Mastercard is collaborating with more enterprises to capture opportunities via its multi-rail strategy. This expanded partnership with TripLink reinforces this approach, and will further support the development of a more digital, sustainable and connected economy.”
TripLink’s virtual card has been used in more than 100 countries and regions around the world, and fully supports the overseas payment needs of its parent company – Trip.com Group’s partners, as well as China’s overseas suppliers.