SHANGHAI, Aug. 28, 2019 /PRNewswire/ -- Travelzoo® (NASDAQ:
TZOO), a global publisher of exclusive offers and experiences for
members, has announced a partnership with UnionPay International to
create a direct-payment experience for Travelzoo members in
China. UnionPay is the world's
largest card-payment company with more than 7 billion cards issued
globally. Its service network covers 174 countries and regions.
With this partnership, Travelzoo has simplified the payment
process for its members in China
by removing all third-party payment platforms. Travelzoo members
can now pay directly through a dedicated channel with their
UnionPay cards. Secondly, Travelzoo's Local Deals and Getaways
offers will become accessible to UnionPay's users in China under the "UnionPay Exclusive Offer"
category through location-based services (LBS) technology. UnionPay
cardholders will receive a recommended Travelzoo deal close to
where they are every time they use their UnionPay cards to make a
purchase.
During the test period, traffic to Travelzoo's site increased by
more than 20%, and Local Deals and Getaways revenue increased by
approximately 60%.
"We are very excited by the benefits this partnership will bring
to our members," said Scott Wang,
General Manager of Travelzoo in Greater China.
"Travelzoo inspires people to experience the world, and a
direct-payment solution is essential to enable members to enjoy
irresistible offers smoothly. With LBS technology, high-quality
offers will be presented to more UnionPay users in the future,
providing a great opportunity for us to encourage more consumers to
join our Travelzoo family."
"Travelzoo is a trusted partner to UnionPay International
because of its high-quality travel and entertainment offers,
produced by a most rigorous and independent review process,"
commented Sheng Jinchun, General Manager of Product Development at
UnionPay International. "We look forward to making it easy for both
UnionPay users and Travelzoo members to make purchases and
experience the world."
About Travelzoo
Travelzoo® provides our 28 million
members insider deals and one-of-a-kind experiences personally
reviewed by one of our deal experts around the globe. With more
than 25 offices worldwide, we have our finger on the pulse of
outstanding travel, entertainment, and lifestyle experiences. For
over 15 years we have worked in partnership with more than 2,000
top travel suppliers—our long-standing relationships give Travelzoo
members access to irresistible deals.
Certain statements contained in this press release that are not
historical facts may be forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933 and Section
21E of the Securities Exchange Act of 1934. These forward-looking
statements may include, but are not limited to, statements about
our plans, objectives, expectations, prospects and intentions,
markets in which we participate and other statements contained in
this press release that are not historical facts. When used in this
press release, the words "expect", "predict", "project",
"anticipate", "believe", "estimate", "intend", "plan", "seek" and
similar expressions are generally intended to identify
forward-looking statements. Because these forward-looking
statements involve risks and uncertainties, there are important
factors that could cause actual results to differ materially from
those expressed or implied by these forward-looking statements,
including changes in our plans, objectives, expectations, prospects
and intentions and other factors discussed in our filings with the
SEC. We cannot guarantee any future levels of activity, performance
or achievements. Travelzoo undertakes no obligation to update
forward-looking statements to reflect events or circumstances
occurring after the date of this press release.
Travelzoo and Top 20 are registered trademarks of Travelzoo. All
other names are trademarks and/or registered trademarks of their
respective owners.
Travelzoo
Room 102, Building 5, Park Space
169 Mengzi Road
Shanghai 200023
Media contact:
Wilson Wei – Shanghai
+86 21 6056 8675
wwei@travelzoo.com
Christie McConnell – New York
+1 212 484 4967
cmcconnell@travelzoo.com
Cat Jordan – London
+44 20 7420 0416
cjordan@travelzoo.com
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SOURCE Travelzoo