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Articles tagged “digital payments”

Online Travel

Go-Jek Gets Investment From Visa to Expand Digital Payments in Southeast Asia

It's no secret that Go-Jek is keen to be Southeast Asia's answer to China's WeChat. Its move to expand digital payments will be a key step to gain dominance in the region.

Go-Jek Gets Investment From Visa to Expand Digital Payments in Southeast Asia

Online Travel

Facebook’s New Libra Cryptocurrency Could Solve Travel Payments Dilemma

Cryptocurrency is only in its early days, but already it's easy to see how its mission to democratize the financial system might be co-opted. And do currency reformers really need Facebook, with all of its baggage, leading this Libra effort?

Facebook’s New Libra Cryptocurrency Could Solve Travel Payments Dilemma

Online Travel

Japan Adopts New Payments Tech in Response to Chinese Tourism Boom

Americans and Europeans who used to scoff at QR-style bar codes are going to need to learn how to use them to pay for meals, attractions, and tickets whenever they visit Japan. The reason? Swelling Chinese tourism is prompting the country to adopt China’s preferred mobile payment method.

Japan Adopts New Payments Tech in Response to Chinese Tourism Boom

Online Travel

$34 Billion Purchase of Worldpay May Shake Up Travel Payments

Worldpay is of the biggest players in processing cross-border payments, especially for travel companies. Fidelity National Information Services (FIS) will buy Worldpay in a $34 billion deal that will be one of the largest transactions yet in the fast-consolidating payments sector. But if the merger distracts Worldpay from expanding in emerging markets, rivals might steal share.

$34 Billion Purchase of Worldpay May Shake Up Travel Payments

Online Travel

Max Levchin’s Affirm Brings Installment Payments to Travel

PayPal co-founder Max Levchin said his new startup Affirm is piloting a new product where consumers can pre-qualify for a 20-day period with a specific merchant to add on items as they build out their trip, such as flights, hotels, rental cars, seat upgrades. The new effort will bring stiff competition to other startups like Uplift, Airfordable, and AirWallex.

Max Levchin’s Affirm Brings Installment Payments to Travel

Online Travel

Skift Tech Forum Preview: Affirm’s CEO on Travel Industry’s Oncoming Payments Revolution

High upfront costs remain a barrier to many travelers who can't make a large purchase all at once. Affirm is trying to remove that obstacle and other travel brands are warming up to the monthly payments model in the process.

Skift Tech Forum Preview: Affirm’s CEO on Travel Industry’s Oncoming Payments Revolution

Airlines

Airlines to Test Consumer Payments That Bypass Credit Cards for Direct Sales

Care to buy a plane ticket without needing a credit card? Soon a few airlines will test enabling air travelers to pay for their tickets by taking payments directly from consumer accounts. Three cheers for testing innovations.

Airlines to Test Consumer Payments That Bypass Credit Cards for Direct Sales

Rail

Transport for London’s Adoption of Contactless Payments Really Worked

Identifying payment trends among consumers not only improves the customer experience but also allows businesses to create new operating models built around the improved speed and ease of transacting.

Transport for London’s Adoption of Contactless Payments Really Worked

Online Travel

New Skift Research Report: The State of Consumer Payments in Travel 2017

Consumer adoption of new payment methods and devices for settling purchases is the main driver of adoption by companies. Yet travel companies can gain a valuable competitive advantage by predicting trends in payments and making payments as easy as possible for everyone.

New Skift Research Report: The State of Consumer Payments in Travel 2017