South Korea-based credit card issuer Lotto Card is the latest financial institution to create a travel booking portal for its cardholders.
The solution on the “Digi-LOCA” app provides flight tickets, accommodation and car rental and is provided by Hopper Technology Solutions (HTS).
“The partnership between HTS and Lotte Card is a perfect fit to deliver curated, highly personalized travel products to our millions of cardholders,” said Dakota Smith, CEO of HTS. said. “HTS's cutting-edge travel technology allows Lotte Card to create synergies with existing verticals and services.”
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HTS is the B2B division of Hopper, a global travel platform. HTS now accounts for two-thirds of Hopper's business, serving millions of travelers around the world. In February, it partnered with AirAsia MOVE to offer travelers ancillary “cancel for any reason.” His other HTS partners include Air Canada, Trip.com, Amadeus, NuBank and Uber.
Established in 2002, Lotte Card is South Korea's largest credit card company with 9.35 million members and approximately 3.13 million affiliated merchants.
“We are very excited to partner with HTS, which has experience in providing global travel services and various fintech-based ancillary services,” said James Cho, CEO of Lotte Card. We will build a digital platform through strong cooperation.” Our goal is to provide our customers with the best travel experience and maximize their enjoyment of their trip. ”
In recent years, financial institutions such as banks and credit card companies have been increasingly adding travel reservation services to their customers.
