Travel payment solution to solve the problem of Zhanya cycle of Enterprise Travel Service Fund

Recently, Alipay announced the introduction of Business-to-government (travel service provider to the Enterprise) travel payment solution, through the establishment of an open credit payment system to solve the Corporate Travel Service fund Zhanya cycle of the problem, enhance its liquidity, and help enterprises save business travel costs. A few days ago, China's aluminum industry (601600, shares bar) and the world one, air, South Airlines, China Eastern Airlines, HNA, respectively signed a cooperation agreement, Alipay for the Chinese aluminum enterprise travel projects to provide payment service system.

Travel is the second largest enterprise controllable cost, however, due to the huge gap between business and travel service providers, many enterprises have difficulty in obtaining travel management support, and many travel service providers give up their travel management service because of their difficult to bear huge advances. Alipay Business-to-government Travel Payment into the open credit payment model, when the enterprise to travel service business purchase tickets, Alipay introduced open funds for enterprises to advance the ticket money, enterprises as long as the deadline to log in payment Alipay, you can complete travel settlement.

In fact, with the increase of economic uncertainty, enterprises need to travel cost management in recent years increasingly urgent, many companies want to optimize travel costs to adapt to changes in the economic situation. According to statistics, Business Travel management optimization, travel costs average savings of 15%-20%. Take the airline ticket as an example, the enterprise uses the standard travel management, the employee's average ticket booking price can from 85 percent to 90 percent, reduces to 75 percent to 80 percent. With only one ticket, an enterprise can save 10% travel costs in one year. Alipay vice President Genming said that for the Business-to-government travel payment applications, Alipay has been with the main air travel system to discuss exchanges, the future will be opened to the public, the use of innovative payment products and credit funds model, to build an open travel management market credit funds and settlement platform, Enable enterprises and travel service providers to achieve more efficient and convenient docking on this platform.