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Articles tagged “digital payments”

Business Travel

Visa’s New Deal With TripActions Signals Renewed Interest in Travel

Payment technology has never been the most exciting part of the travel industry, but agencies that don't offer expense solutions could lose out as companies restart their travel programs.

Visa’s New Deal With TripActions Signals Renewed Interest in Travel

Online Travel

Travelport Agrees to Sell Enett to Wex at a Bargain Price

Wex Chair and CEO Melissa Smith has proven her mettle by being a shrewd negotiator, going up against the famously ferocious activist investor Elliott Management, part-owner of Travelport.

Travelport Agrees to Sell Enett to Wex at a Bargain Price

Online Travel

Amadeus Taps Citibank as Partner for New Currency Exchange Tool for Travel Companies

Much of the travel industry uses currency pricing tools that haven't advanced much in a decade. The sector will welcome any new tools that can genuinely cut complexity, time, and costs during the ongoing revenue crisis. Enter Amadeus.

Amadeus Taps Citibank as Partner for New Currency Exchange Tool for Travel Companies

Online Travel

Who Has Your Money? How to Rebuild Travel Payments With Trust and Transparency

Travel brands looking to rebuild their payments ecosystem in the wake of Covid-19 need to embrace change, partner for success, and ring-fence their finance, marketing, and customer experience teams.

Who Has Your Money? How to Rebuild Travel Payments With Trust and Transparency

Online Travel

Expect Hotels to Mimic the Airline Payments Playbook as They Fight to Get Paid by Agencies

Many guests pay travel agencies in advance for hotel bookings. But some agencies hold the money until weeks after a guest has checked out. Many hoteliers want to get the payments sooner. They could learn a few tricks about that from airlines, which have tamed the payments monster.

Expect Hotels to Mimic the Airline Payments Playbook as They Fight to Get Paid by Agencies

Online Travel

Payments Firm for Airport Luxury Goods Shops Could Sell for $2.6 Billion

Global Blue helps luxury goods shops at airports process purchases by international travelers. Private equity firm Silver Lake's attempted sale of it looks likely soon.

Payments Firm for Airport Luxury Goods Shops Could Sell for $2.6 Billion

Online Travel

The Travel Sector Is Retooling Back-Office Payments in Response to the Crisis

The travel sector's slo-mo refund process has infuriated everyone. So the crisis is upending the dull business of how money is sent among travel companies, resellers, tech vendors, and financial institutions.

The Travel Sector Is Retooling Back-Office Payments in Response to the Crisis

Online Travel

Travel Megatrends 2020: Travel Payments Find Path to Painless

Global payments technology and rules are changing swiftly, led by seamless innovations in Asia that are making life easier for consumers. Travel companies of all sizes are finally taking action in order to stay competitive.

Travel Megatrends 2020: Travel Payments Find Path to Painless

Online Travel

Wex Buys Enett From Travelport for $1.7 Billion in a Travel Payments Mashup

With this deal, Wex now becomes a powerhouse in assisting business-to-business travel payments worldwide. The deal also gives cash to seller Travelport, which might use the money to expand its airline tech offerings.

Wex Buys Enett From Travelport for $1.7 Billion in a Travel Payments Mashup

Online Travel

Alipay, WeChat Apps Open to Foreign Visitors to China

This sure looks like the first step to global ambitions of Chinese payments giants WeChat Pay and Alipay. Those who think Tencent and Alibaba see the world outside as small, relative to home market where chat-and-wallet is the norm, must think again.

Alipay, WeChat Apps Open to Foreign Visitors to China