Articles tagged “payments”

Business Travelers Rarely Use Virtual Payments In Another Sign of Companies’ Slow Adoption

Business Travelers Rarely Use Virtual Payments In Another Sign of Companies’ Slow Adoption

Andrew Sheivachman, Skift

Most companies still give their business travelers corporate cards or ask them to pay upfront for later reimbursement. Given the rapid development of mobile and virtual payment methods for consumers, corporate travel is lagging behind yet again.

3 weeks ago

KLM Becomes Among the First Non-Chinese Airlines to Accept WeChat Pay

KLM Becomes Among the First Non-Chinese Airlines to Accept WeChat Pay

Brian Sumers, Skift

KLM is a little less reliant on Chinese customers than other major airlines, but it's good to see the Dutch carrier taking the chance on a new way of accepting payments. We're betting it'll work out well for KLM. And we suspect other airlines will follow.

3 months ago

Travel Payments Sees $10.4 Billion Merger That Makes Worldpay a Stronger Competitor

Travel Payments Sees $10.4 Billion Merger That Makes Worldpay a Stronger Competitor

Sean O'Neill, Skift

Vantiv's $10.4 billion acquisition of Worldpay creates a payments-processing powerhouse with a huge hand in helping travel businesses boost online and mobile purchases. Due to competition from new rivals, fees are unlikely to spike yet.

3 months ago

Transport for London’s Adoption of Contactless Payments Really Worked

Transport for London’s Adoption of Contactless Payments Really Worked

Dave Montali, Skift

Identifying payment trends among consumers not only improves the customer experience but also allows businesses to create new operating models built around the improved speed and ease of transacting.

4 months ago

Kayak and Amazon Echo Now Offer Voice-Powered Hotel Booking

Kayak and Amazon Echo Now Offer Voice-Powered Hotel Booking

Sean O'Neill, Skift

Kayak is the first online travel player to let shoppers book hotels via Amazon's smart speakers. While the concept has promise, its price comparison process still has to improve before it becomes useful to the average traveler.

4 months ago

New Research Report: The State of Consumer Payments in Travel 2017

New Research Report: The State of Consumer Payments in Travel 2017

Dave Montali, Skift

Consumer adoption of new payment methods and devices for settling purchases is the main driver of adoption by companies. Yet travel companies can gain a valuable competitive advantage by predicting trends in payments and making payments as easy as possible for everyone.

5 months ago

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Why a Seamless Payment Strategy Is Key to Selling More Ancillary Services

Why a Seamless Payment Strategy Is Key to Selling More Ancillary Services

worldpay + Skift

Travel providers who want to provide customers with a seamless travel experience should no longer think of the payment process as an afterthought.

6 months ago

Travelport’s Bet on a Commercial Payments Business Begins to Pay Off

Travelport’s Bet on a Commercial Payments Business Begins to Pay Off

Sean O'Neill, Skift

While Travelport is best known as a middleman for selling airplane tickets, its fastest-growing segment is in commercial payments. While payments competitors like Wex and Worldpay don't have to worry yet, they may have to soon.

7 months ago

Mastercard Customers Can Soon Make Phone Payments at Bars and Restaurants

Mastercard Customers Can Soon Make Phone Payments at Bars and Restaurants

Ken Sweet, Associated Press

There are probably bigger annoyances than mistakenly leaving your credit card at a bar after closing time. But it's not pleasant, and it's nice to see Mastercard doing something to alleviate the issue.

8 months ago

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2017 Prediction: More Travelers Will Embrace Alternative Payment Methods

2017 Prediction: More Travelers Will Embrace Alternative Payment Methods

worldpay + Skift

The demand for alternative payments will continue to flourish in 2017. The question remains as to whether the industry will be ready to meet the demand.

10 months ago

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Global Travelers Are Embracing Alternative Payment Methods

Global Travelers Are Embracing Alternative Payment Methods

worldpay + Skift

Global travelers are embracing alternative payment methods more than ever before. Now it’s time for travel industry providers to do the same.

1 year ago

Three Digital Commerce Strategy Reports You May Have Missed

Three Digital Commerce Strategy Reports You May Have Missed

Dave Montali, Skift

How and where travel brands connect with the new experiential consumer will continue to evolve and shift along these three critical axes: Digital payments, mobile booking, and travel ad tech. Those that push beyond the best practices will take the most risk, but stand to gain the biggest reward.

1 year ago