Lufthansa Group partners with FinMont for payments on Chain4Travel's Camino Network

It will streamline B2B payments based on the network in Non-BSP markets

Global payment orchestration platform FinMont has announced its partnership with The Lufthansa Group, one of the world’s leading airlines. 

The Group already works with FinMont on its payment platform, enhancing B2B payment processes and the new partnership will also incorporate Camino Network’s blockchain solution built specifically for the travel industry to document all transactions.

This offering is facilitated by Chain4Travel and will be an "integral" part of the payment processes through the FinMont payment ecosystem.

With this new partnership, The Lufthansa Group plans to integrate FinMont’s payment orchestration platform into its global payment system, to streamline its B2B payment processes in Non-BSP markets. 

Suby Valluri, CEO of FinMont, said: "We are excited to welcome The Lufthansa Group as a valued client and partner. This collaboration underscores our commitment to revolutionising payment orchestration within the travel industry. 

"Our advanced payment ecosystem is designed to offer a truly unique solution for global providers like The Lufthansa Group, delivering seamless, efficient payment processes that meet their complex needs."

a spokesperson for Lufthansa added: "Our goal at The Lufthansa Group is always to improve operational efficiency while maintaining the highest level of service for our customers.

"FinMont’s payment platform allows us to simplify complex payment processes, saving time and reducing the risk of errors. 

"We look forward to a successful collaboration that enhances our B2B payment processes in Non-BSP markets."