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Payments in Aviation

Digitisation in aviation, whether through co-branded cards, loyalty programs, or FX-linked payment services brings the sector directly under financial regulatory oversight. We have a team of 10+ fintech geeks that advise on structuring fintech offerings in compliance with applicable laws. This includes everything from building reward ecosystems and embedded finance models to managing relationships with payment aggregators, acquirers, and card networks.

Work Highlights

Advised a major Indian airline on structuring its partnership with a global payment network for tokenisation-compliant flows, including the generation of Alt ID and alignment with RBI’s card data storage restrictions.

Represented multiple aviation clients in cross-border payment gateway arrangements, including drafting and negotiating agreements for the processing and settlement of transactions through global acquirers.

Structured India-facing payment flows for international acquirers in light of FEMA restrictions and RBI guidelines, and renegotiated legacy agreements to ensure regulatory alignment.

Advised on data localisation obligations across payment processors and card networks, helping some of India’s largest commercial airlines ensure compliance with Indian and global requirements on card storage and transaction routing.

Drafted and standardised loyalty program agreements for airlines involving reward point conversions, redemption with travel and non-travel partners, and partnerships with credit card issuers.

Supported integration of loyalty systems with co-branded partners, enabling reward redemptions across shopping, dining, and hospitality platforms in international jurisdictions.

Advised on collaborations between airlines and major financial institutions (including global investment banks and payment aggregators) to build payment infrastructure tailored to aviation workflows.

Key Experts

Matthew Chacko
Mathew
Chacko
Ankita Hari Ramani
Ankita
Hariramani
Harshda Bakshi
Harshda
Bakshi
Soumitra Ponkshe
Soumitra
Ponkshe