Chinese airlines and travel agents set for Spring ‘Gold rush’

Worldpay eCommerce expects online sales for airlines and travel agents in China to soar in the run-up to the ‘Golden Week’ Spring Festival – a growing phenomenon in global retail, travel and tourism, boosted by the growing wealth of Chinese consumers. Global payment provider Worldpay saw payment volumes surge by 30% in China in the two weeks leading-up to Golden Week 2014 and with transaction values up 12% on average, the period represents a major boom for online travel retailers. Airlines also saw sales take off, experiencing a rise of 13% in online payment volumes over the three weeks leading