Amazon Pay, MakeMyTrip enter into a long-term strategic partnership

Amazon Pay, the online payments processing service owned by Amazon, and online travel company MakeMyTrip India have entered into a long-term strategic collaboration to offer travel services on Amazon.in.

Through this partnership, Amazon Pay will offer users an unified experience and provide more excellent value for its clients with MakeMyTrip's best-in-class travel offerings.

Mahendra Nerurkar, CEO and Vice-President, Amazon Pay India, commented on the partnership by stating that this move would benefit millions of its customers. It would allow customers to select from the best-in-class offerings and services around the country, followed by ease of using Amazon Pay.

MakeMyTrip will be able to expand its distribution further through Amazon Pay's enormous customer base, particularly in smaller cities and towns, and speed online booking of travel services across the country with this cooperation.

Amazon Pay intends to improve consumers' booking and travel experiences by expanding the simplicity of completing online transactions to anybody, anywhere, at any time.

ICICI Co-branded credit card customers using Amazon Pay can earn unlimited cash back rewards on flights, bus bookings, and hotels. Later, customers can book tickets and pay after a month with no interest. Customers can also use Amazon Pay Balance and Amazon Pay UPI as different payment modes on Amazon Pay.

The announcement of Amazon Pay's collaboration with MakeMyTrip comes after Adani Group, which recently invested in Cleartrip, strengthens its strategic links with Flipkart. For the uninitiated, Adani Group has recently announced that it will capitalize Cleartrip Private Limited, an OTA (online travel aggregator) and a subsidiary of the Flipkart Group, an e-commerce company.

As part of this deal, Adani Group will get a significant minority share in Cleartrip. In addition, the company along with Flipkart will be benefitted from the collaboration that will enable them to provide improved travel experiences to customers when the Indian travel market recovers.

Source Credit - https://www.business-standard.com/article/companies/makemytrip-and-amazon-pay-form-strategic-tie-up-to-offer-travel-services-121110101028_1.html