Categories: Business

Standard Chartered tie up with IATA for payment platform for airline industry

Global banking group Standard Chartered has partnered with the International Air Transport Association (IATA) to launch a payment platform for the airline industry in India. IATA Pay will be a new payment option that enables participating airlines to offer instant payment options such as UPI Scan and Pay and UPI Collect (Request to Pay). Standard Chartered will be supporting the rollout of IATA Pay in other markets as well.

Buy Prime Test Series for all Banking, SSC, Insurance & other exams

IATA Pay in India is powered by Standard Chartered’s Straight2Bank Pay, a payment platform that helps online merchants digitalise collections via multiple payment options through single global connectivity.

Important takeaways for all competitive exams:

  • Standard Chartered CEO: Bill Winters (10 Jun 2015–);
  • Standard Chartered Founded: 1969, London, United Kingdom.
  • International Air Transport Association Headquarters: Montreal, Canada;
  • International Air Transport Association DG: Willie Walsh;
  • International Air Transport Association Founded: 19 April 1945, Havana, Cuba.

Find More Business News Here

Sumit Arora

As a team lead and current affairs writer at Adda247, I am responsible for researching and producing engaging, informative content designed to assist candidates in preparing for national and state-level competitive government exams. I specialize in crafting insightful articles that keep aspirants updated on the latest trends and developments in current affairs. With a strong emphasis on educational excellence, my goal is to equip readers with the knowledge and confidence needed to excel in their exams. Through well-researched and thoughtfully written content, I strive to guide and support candidates on their journey to success.

Recent Posts

Which Country is the Largest Kidney Beans Producer in the World?

Did you know that kidney beans are one of the most widely eaten beans in…

12 mins ago

What is the Capital of Saudi Arabia? Know Everything About It

Did you know that every country has a special city where important decisions are made…

4 hours ago

Project HANUMAN Launched to Address Growing Human Wildlife Conflict

Astep toward wildlife conservation and public safety. The Deputy CM of Andhra Pradesh Pawan Kalyan…

4 hours ago

Jio Platforms Appoints Dan Bailey as President for International Expansion

Jio Platforms Limited has appointed telecom industry veteran Dan Bailey as its new President to…

4 hours ago

Top 10 Most Popular Websites of 2026: Google & YouTube Ruled

The Top 10 most popular websites of 2026 show how the internet continues to evolve…

4 hours ago

Meet Saba Shawl: The First Kashmiri Woman to Head Central Jail Srinagar

Saba Shawl has been appointed as the first Kashmiri woman to head Central Jail Srinagar,…

5 hours ago