Alibaba, Marriott Team to Improve Travel for Chinese Consumers

Payments
Alibaba, Marriott Team to Improve Travel for Chinese Consumers
Payment Facilitator Mobile Business Compliance Security Payments Industry
Alibaba, Marriott Team to Improve Travel for Chinese Consumers
Chinese e-commerce powerhouse Alibaba has agreed to form a joint venture with Marriott International. The venture combines Marriott’s expertise in hospitality with Alibaba’s in digital retail. Alibaba will manage Marriott’s storefront on its travel services platform.

Consumers will be able to use Alipay at Marriott locations. And in true payment facilitator fashion, the agreement promises to use technology platforms to provide Chinese tourists with an integrated travel experience.

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