Mastercard Discusses Corporate Travel Payment Innovation and Ecosystem Cooperation
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On October 17, 2026, at the Business Travel Digitalization Summit, Cai Shangting, Vice President of Mastercard Greater China, proposed relying on a global acceptance network to connect domestic and cross-border payments with a single card, reshaping the corporate travel experience through three aspects: payment innovation, benefits upgrades, and ecosystem cooperation. Addressing difficulties in acceptance, compliance, and cumbersome reimbursement, Mastercard enables domestic and cross-border use through its RMB bank card clearing business, and uses the integrated platform Smart Data to connect transaction information to corporate ERP and reimbursement systems. The report mentioned that China's business travel market size has approached 400 billion USD, and cross-border business travel order volume grew by 46%.
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- TravelDaily ChinaMastercard's Cai Shangting: One Card Accepted Globally, How to Reshape Corporate Business Travel?
Cai Shangting, Vice President of Mastercard Greater China, proposed at the Business Travel Digitalization Summit that, relying on a global acceptance network, a single card connects domestic and cross-border payments, reshaping the corporate business travel experience through payment innovation, upgraded benefits and ecosystem cooperation. In response to acceptance difficulties, compliance difficulties and cumbersome reimbursement, Mastercard achieves domestic and cross-border universal use through its RMB bank card clearing business, and uses the integrated platform Smart Data to connect transaction information to corporate ERP and reimbursement systems. China's business travel market size has approached USD 400 billion, and cross-border business travel order volume grew by 46%.
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