Deutsche Bank and major airlines in the groundbreaking Paytech pilot

Testing a “disruptive new payment model” with airlines

Deutsche Bank has teamed up with the International Air Transport Association (IATA), the trade association of the world’s airlines, to test a “disruptive new payment model,” according to the bank.

The pilot aims to reduce the cost of handling payments between airline and airline customers, with the payment solution being described as “breakthrough” by participants.

Deutsche Bank will collect …

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