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Articles tagged “digital payments”

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Online Travel

Why Enterprise Hotel and Restaurant Companies Must Eliminate Payment Friction from the Guest Experience

The pandemic has accelerated the evolution of contactless payments from being about cost savings to addressing the overall guest experience. Continuing down the path from contactless to contact-free is the best course of action for customer-focused enterprise hotel and restaurant companies.

Shiji Group + Skift | 3 years ago

Why Enterprise Hotel and Restaurant Companies Must Eliminate Payment Friction from the Guest Experience

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.

Sean O'Neill, Skift | 4 years ago

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.

Joshua Franklin, Reuters | 4 years ago

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.

Sean O'Neill, Skift | 4 years ago

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.

Sean O'Neill, Skift | 4 years ago

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.

Sean O'Neill, Skift | 4 years ago

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

Cross-Border Payments: 4 Best Practices That Travel Providers Should Keep in Mind

The travel industry has its own set of unique challenges when it comes to getting cross-border payments right. There are a few key tactics that can turn a good payments strategy into a great one.

Flywire + Skift | 5 years ago

Cross-Border Payments: 4 Best Practices That Travel Providers Should Keep in Mind

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?

Dennis Schaal, Skift | 5 years ago

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.

Sean O'Neill, Skift | 5 years ago

Japan Adopts New Payments Tech in Response to Chinese Tourism Boom
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Online Travel

Travel Providers Need to Embrace Digital Payments or Risk Becoming Irrelevant

Consumers are increasingly using digital and mobile payments both while planning their trips and while in-destination –– which means travel providers looking to have a global reach need to prioritize their digital payment experiences.

Wirecard + Skift | 6 years ago

Travel Providers Need to Embrace Digital Payments or Risk Becoming Irrelevant