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

Paytm Payments Bank is now official acquiring partner for e-RUPI vouchers_90.1Paytm Payments Bank is now official acquiring partner for e-RUPI vouchers_90.1

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 is the Oldest District of Uttar Pradesh? Know the Name

Uttar Pradesh is a large and important state in northern India. It has many districts,…

7 hours ago

Birsa Munda Punyatithi 2025, 125th Death Anniversary of Birsa Munda

Birsa Munda Punyatithi is observed every year on June 9 to remember and honour Birsa…

8 hours ago

Eminent Scholar Daji Panshikar Passes Away at 92

Renowned scholar, author, and literary commentator Daji Panshikar, also known as Narahari Vishnu Shastri, passed…

9 hours ago

GK Quiz on the Chenab Rail Bridge, Questions and Answers

The Chenab Rail Bridge is a world-famous railway bridge built in Jammu and Kashmir, India.…

10 hours ago

Chenab Rail Bridge: Team Behind the Construction of the Bridge

The Chenab Rail Bridge in Jammu and Kashmir is the world's highest railway arch bridge.…

11 hours ago

Rohini Gram Panchayat Wins Gold in National e-Governance Awards 2025

In a momentous achievement for rural digital transformation, Rohini Gram Panchayat in Shirpur taluka, Dhule…

11 hours ago