Digital River, Inc., a leading global provider of Commerce-as-a-Service solutions, announced that it signed a payments agreement with one-stop travel service provider Ctrip. One of China’s leading travel agents, Ctrip is using the Digital River World Payments solution to process credit cards, including Visa, Mastercard and UnionPay on its Singapore site at http://www.ctrip.sg/. Later this fall, Ctrip intends to extend the Digital River solution to its Korean site to support local credit card transactions and wire transfers.
“By working with Digital River, we intend to advance our international strategy for travelers on the go,” said Mandy Mi, Ctrip’s finance settlement supervisor. “Drawing on Digital River’s global payments capabilities, we can scale our online channel to support growing transaction volumes while delivering even more convenience for our customers.”
Today, Ctrip provides more than 141 million registered members with comprehensive travel services. These services include mobile applications, hotel reservations, flight ticketing, package tours, corporate travel management, train ticketing and a destination guide, each integrated with online and offline resources for a complete travel service chain.
“With one of China’s leading online travel websites, Ctrip has become one of the best-known travel brands in the country,” said Hayden Reed, Digital River’s senior vice president and general manager of Digital River World Payments. “China’s travel sector continues to see accelerated growth. Backed by our leadership position in the payments marketplace, we look forward to helping Ctrip advance their online travel offering and raise their global profile.”
