With the continuous release of the visa-free policy, the continuous addition of international flights, the New Year's Day and Spring Festival "double festival" holidays and many other factors, China's cross-border travel has ushered in a prosperous scene of "entry and exit". Entering the first quarter of 2024, tourism companies have taken advantage of holiday hotspots to seize the opportunity to go to sea and strive to get off to a "good start". In this context, cross-border payment institutions represented by LianLian International are also focusing on changes in the cross-border market, and continue to provide efficient, convenient, safe and reliable payment services for cross-border enterprises, helping cross-border enterprises to further explore the global market and release new momentum for future development.
A few days ago, Lianlian International revealed that as of the end of January, the total transaction volume of the ** travel provider (OTA platform) users it serves increased by more than 53% month-on-month. Specifically, from the perspective of payment currency, euro and Hong Kong dollar payments increased by more than % month-on-month respectively; Across Southeast Asia, there was a significant increase in payment volumes, with a 64% QoQ increase in THD and an 88% QoQ increase in MYR.
The relevant person in charge of Lianlian International said that from the above data, it can be seen that the recovery of overseas tourism is strong, which also brings benefits to OTA and other enterprises in the tourism industry. For enterprises in the tourism industry, due to the large number of upstream and downstream partners in the industrial chain, the process of capital distribution involved is very complex, and the funds also need to be received, paid, and exchanged in many countries and regions, and payment often becomes an important part of the cost in their operation process. For a long time, LianLian International has been deeply engaged in the field of cross-border payment, and has created a safe, efficient, worry-free and low-cost payment solution for the tourism industry to help enterprises improve their digital efficiency.
Among them, for the three major scenarios of outbound travel, inbound tourism and overseas travel, LianLian International can provide cross-border payment and account management solutions for air ticket merchants, hotel merchants, outbound agencies, inbound agencies, car rental companies, wholesalers, travel providers (OTA platforms), business travel service providers (TMC) and other tourism industry chain related enterprises to help enterprises operate for a long time.
The reporter learned that in the future, Lianlian International will continue to anchor the development of the tourism industry, innovate business models around the needs of the industry, continue to polish services and products, and help tourism enterprises grow their business.
*: China ** Daily Author: Ye Qing.