Alipay integrates with Airbnb to help travelers save up for dream holiday

Source: TechNode

 

Airbnb and Alipay has announced a new financial feature, Travel Deposit, that helps China’s yong travelers to save up for their dream holiday.

After users set the destination location and duration of stay on Alipay, the system shows users the amount of money they have to save, and will transfer the sum to Alipay’s money market fund, Yu’ebao automatically. Users can then share their travel plans through WeChat or Weibo. This is enables Airbnb to engage users even earlier in the vacation planning process, while tapping into social networks to  improve their marketing and distribution channels.

Source: Alipay integrates Airbnb to help young travelers save up for dream holiday – TechNode

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