Articles tagged “mobile payments”

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

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

Flywire Payment Solutions + Skift

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.

3 months ago

Japan Adopts New Payments Tech in Response to Chinese Tourism Boom

Japan Adopts New Payments Tech in Response to Chinese Tourism Boom

Sean O'Neill, Skift

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.

6 months ago

$34 Billion Purchase of Worldpay May Shake Up Travel Payments

$34 Billion Purchase of Worldpay May Shake Up Travel Payments

Felice Maranz, Bloomberg

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.

6 months ago

WeChat Pay May Be Missing a Global Expansion Opportunity

WeChat Pay May Be Missing a Global Expansion Opportunity

Tim Culpan, Bloomberg

Maybe WeChat Pay will change its mind about how far it can reach globally, especially if, as the writer posits, "one day, chat plus wallet will be as obvious a combination as mobile phone plus camera."

1 year ago

Alipay Steps Up Push to Cater to Chinese Travelers in the U.S.

Alipay Steps Up Push to Cater to Chinese Travelers in the U.S.

Sean O'Neill, Skift

The phrase "cash is king" is fast becoming outdated as Chinese travelers popularize mobile payment methods like Alipay and Weixin Pay.

2 years ago

Alipay Is Expanding to Cater to Chinese Tourists in Japan

Alipay Is Expanding to Cater to Chinese Tourists in Japan

Gareth Allan and Yuki Hagiwara, Bloomberg

Chinese tourists want to use payment methods they're familiar with no matter which country they're traveling in. Japan would do well to accept that foreign competition would be good for tourism and spending.

2 years ago

China’s Alipay Wants to Be Part of Chinese Travelers’ U.S. Trips With New Deal

China’s Alipay Wants to Be Part of Chinese Travelers’ U.S. Trips With New Deal

Jenny Surane and Selina Wang, Bloomberg

Mobile payments aren't yet as robust in the U.S. as they are in China, but Alipay is getting in front of demand it sees from Chinese travelers interested in American vacations who want familiar technology in their pockets.

2 years ago

Airbnb Buys Payments Company Tilt to Let Travelers Split Trip Costs

Airbnb Buys Payments Company Tilt to Let Travelers Split Trip Costs

Sean O'Neill, Skift

Travelers have long asked Airbnb to make it easier to share the cost of a rental, including when they are using different currencies from a lodging host. By acquiring Tilt, the startup will likely add that service to its app.

3 years ago

New Skift Trends Report: Digital Payments in Travel 2016

New Skift Trends Report: Digital Payments in Travel 2016

Luke Bujarski, Skift

The global digital payments ecosystem is undergoing a rapid and monumental shift; smart travel brands need to stay on top of the shifts in how we pay for goods and services.

3 years ago

4 Charts Showing Growth of Online and Mobile Travel Bookings by 2020

4 Charts Showing Growth of Online and Mobile Travel Bookings by 2020

Dan Peltier, Skift

Here are more reasons to prepare for mobile to imminently overtake desktop for online travel bookings, along with more signs that travel can obviously learn something from retail which far surpasses it with mobile sales.

3 years ago

2015 Trends: Mobile Pay and Wearable Tech Move From Concept to Real-World Disruptor

2015 Trends: Mobile Pay and Wearable Tech Move From Concept to Real-World Disruptor

James O'Brien, Skift

Walking into a travel terminal, beginning a journey and then following it through, is poised to become an increasingly autonomous experience. It may well be marked not as much by lines at a kiosk but instead by the wave of a watch or band at a sensor, followed by an instant interaction in which seamless add-ons and ancillary sales could become a major market factor for travel brands who lean into the convergence of mobile payments and wearable tech.

5 years ago

What Apple’s New Products Mean for Travelers and Travel Brands

What Apple’s New Products Mean for Travelers and Travel Brands

Samantha Shankman, Skift

Apple's products have change the way we travel from how we listen to music on long bus rides to how we navigate new neighborhoods. In time, these products will likely impact our travel habits and behaviors as well.

5 years ago