Sean O'Neill, Skift
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.
4 weeks ago
Sean O'Neill, Skift
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.
1 month ago
Sean O'Neill, Skift
A few months ago, activist investor Elliott Management took Amadeus rival Travelport private. Elliott also happens to be the largest shareholder of Whitbread, the parent company of Premier Inn. That hotel chain has now dropped its contract with Amadeus for software services. Coincidence?
4 months ago
Dennis Schaal, Skift
MakeMyTrip definitely faces some near-term challenges, but it doesn't consider a recently announced regulatory probe in India to be one of them.
4 months ago
Sabre Virtual Payments + Skift
Hotels and airlines now distribute their inventory through countless partners. As a result, there’s a growing need to provide payment flexibility while simplifying how business-to-business payments work in the travel industry.
4 months ago
Jesse Westbrook, Bloomberg
If the Facebook-inspired Libra cryptocurrency were ever to be one of the solutions travel and other companies might deploy to resolve global payment issues, they might want to fire up alternative currency solutions. Libra is all but dead, gone, and buried.
4 months ago
SkiftX
A smart payments strategy sits at the heart of any successful travel business. But too many companies take this hidden infrastructure for granted in their decision-making. In this conversation with executives from Visa, we get a better sense of the evolving role that payments technology plays in today’s frictionless travel experience.
7 months ago
Anuchit Nguyen and Yoolim Lee, Bloomberg
Southeast Asian banks are investing in the region's biggest ridehailing rivals, Go-Jek and Grab, to hitch a ride on their expansion into financial services. These unicorns have moved beyond ridehailing, with payments being a hotly-contested battleground.
8 months ago
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.
8 months ago
SkiftX
Mobile payments are already commonplace in parts of Asia — China particularly — but as travelers adopt these tools, travel companies will need both local expertise and deep technological capabilities to make sure their guests can pay when and how they like.
8 months ago
Dennis Schaal, Skift
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?
8 months ago
Dennis Schaal, Skift
Amazon's deal with Cleartrip using Amazon Pay for India domestic flights could be a forerunner of similar moves in other emerging markets where payment systems are being disrupted. This time around in travel, Amazon has decided to partner rather than build its own offering — a very reasonable way to get back into the game.
9 months ago
