Articles tagged “global payments”

As intra-Asia travel picks up, destinations are waking up to the fact that payments are now core travel infrastructure. Sri Lanka’s bet is simple, if Asian travelers live inside super apps and e-wallets, that’s where tourism growth needs to happen too.

Maldives' decision to introduce RuPay cards in the country in partnership with India may or may not lead to an uptick in Indian tourists. But it could boost its tourism earnings.

EaseMyTrip's new travel debit card with Bank of Baroda checks all the boxes, but just on paper.

Younger generations form the biggest traveler base in India, and are key to the country's growth as a source market. Millennials' willingness to spend more on travel is a positive sign for their tourism economies of their destinations.

GMR group's decision to increase its stake in the Delhi International Airport comes at a time when airport operators' revenue growth could top 15% this year.

India's aviation sector is expanding and people from smaller cities are increasingly looking to fly. Keeping airfares in check is key to ensuring that air travel remains accessible to the Indian middle class, particularly as it makes up for about a third of the country's population.

International visitor spending in India in 2023 was 14% below pre-pandemic levels. UPI One World wallet eliminates the need for international travelers to carry currency, and could boost tourism spending in India.

By 2024, Asia’s travel and tourism revenue is projected to hit a whopping $326 billion. To cash in on this boom, travel providers need to tackle Asia’s patchwork of payment options.

Goa is working to position itself as more than just a tourism destination known for its beaches and nightlife. As it seeks to welcome more visitors, the state is taking measures to ensure that the negative impacts of tourism are mitigated - both on the environment and its people.

The pandemic accelerated the shift to digital and alternative payments. To capitalize on this, hoteliers should modernize their payment tech stack to offer seamless integration and diverse payment options for increased bookings, higher-value reservations, and improved guest satisfaction.