Articles tagged “payments”

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.

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.

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

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.

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.

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.

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.