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.
The stronger dollar by itself won't suddenly compel the people who've never been abroad to take a foreign trip this year, but for the travelers who have been overseas before, this only fuels an oncoming spending spree.
Many vacation rental owners are not going to be happy about HomeAway's online booking push -- but it is in the best interest of travelers and HomeAway's shareholders are going to back the move, as well.
MasterCard and its credit card rivals can maintain their edge over insurgent payment systems only if they keep their focus on the consumer rather than what they can get out of the consumer.
Uber's ability and willingness to customize its product for each market is what's allowed the tech company to acquire users and overcomes legal challenges for global growth.
U.S. credit card companies should have introduced chip-and-pin technology a decade ago. Their tardiness is punctuated by consumers' growing interest in mobile payment technology.
The local and experiential trend in travel -- you know, the kind of trips that millennials are said to be in love with -- has gotten to the point that MasterCard and others are curating and offering these escapes for their customers. It is a natural fit as travelers knock off cities on their bucket lists, using their credit and debit cards.
Braintree's integration of bitcoin would give millions of travelers the ability to pay for popular travel services in a whole new way while also speeding up talks among more traditional travel players still cautious about accepting the new form of payment.
Disney's theme parks led the way for mobile payments with the MagicBand and other attractions are now following suit in answering consumers' demand for faster, easier payments that could ultimately increase sales.
Many travelers are already unknowingly sharing data on the road so taking control of that data and maximizing its benefit is a smart move that will gain popularity as mobile, data-informed planning become easier to access and understand.