AirPlus International says it has tied up a partnership with Korea Exchange Bank (KEB) that will allow Korean companies to use the AirPlus Corporate Card.
The global business travel payment solutions company adds that the deal is an addition to existing credit and settlement facilities for AirPlus Company Account clients in Korea, while business travellers will have access to MasterCard.
”The decision to partner with AirPlus clearly demonstrates KEB”s commitments to customer needs,” said AirPlus International managing director Yael Klein.
”The partnership with KEB is important to our continued growth in Asia and will critically move us towards our goal of becoming the preferred global provider for integrated payment and analysis solutions by 2012.”
KEB Credit Card Division managing director Kevin Kneebone, added that the move was ”an opportunity to take a step forward through synergy.”
The Korean company is the largest global network bank in the country and specialises in the foreign exchange and international finance sectors. KEB was the first to start credit card business in Korea.