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Articles tagged “payments”

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Tourism

How Customer Data Helps Travel Companies Make Smarter Business Decisions

New insights from Visa demonstrate the value of maintaining access to relevant customer data. Understanding the latest trends in consumer spending and payments can give travel companies a leg up on the competition.

How Customer Data Helps Travel Companies Make Smarter Business Decisions

Startups

Kindred Raises $15 Million for Home Swapping Vacation Platform

A wide variety of potential travel innovations got funding this week, including a credit card for travelers, an online travel agency for recreational vehicles, and management software for tour operators.

Kindred Raises $15 Million for Home Swapping Vacation Platform

Short-Term Rentals

Airbnb Stokes Hosts’ Ire Over Paused Payments

In an era of scams, Airbnb is wise to verify host identities and payout methods. Still, its at-times subpar support for and communication with hosts remain persistent problems.

Airbnb Stokes Hosts’ Ire Over Paused Payments

Online Travel

Booking Holdings Business Model Was Slowing Things Down Pre-Covid

Payments, flights and short-term rentals are paying off so far for Booking as part of its connected trip strategy. That's true even if there are doubts about travelers wanting to book their entire trip on one platform.

Booking Holdings Business Model Was Slowing Things Down Pre-Covid

News Blog

Amadeus Creates New Payment Business Called Outpayce

Travel technology company Amadeus said it was making a "significant investment" by setting up a wholly-owned business called Outpayce, which will focus on “delivering a smooth and connected travel payment experience across the traveler journey and accelerating the pace of fintech innovation in travel.” It has also applied to the Bank of Spain for an…

News Blog

Booking.com to Test Guest ID Verification and Payment Alternatives for Foreign Purchases

Booking Holdings is hiring rapidly at its new engineering office in Bengaluru, India, to work on new projects such as how to verify guest identification with machine learning and new products such as alternative forms of international payment to traditional credit and debit cards. The parent company of Booking.com has about 20 employees at its…

Online Travel

Airbnb, Google and Agoda Hint at Upcoming Search and Fintech Features

Airbnb needs to provide more information to guests about hosts, and making them more searchable would be an improvement. The fear, though, is that such information would make it easier for guests to book directly with hosts and bypass Airbnb.

Airbnb, Google and Agoda Hint at Upcoming Search and Fintech Features
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Business Travel

Skift Global Forum: Capitalizing on a More Seamless Travel Payments Ecosystem

In this video from Skift Global Forum 2022, we hear from Jeni Mundy, global head of merchant sales and acquiring at Visa, about the rise of contactless technology, enhancing traveler touchpoints, and the future of digital payment innovations.

Skift Global Forum: Capitalizing on a More Seamless Travel Payments Ecosystem

News Blog

Sabre Buys Payment Tech Firm Conferma Pay in Bet on Virtual Cards for Business Travel

Sabre acquired payments technology vendor Conferma Pay based in the UK, on August 3, the travel tech company confirmed in a statement to Skift. The travel technology company based in Southlake, Texas, didn't reveal deal terms. "Sabre has had a successful partnership with Conferma Pay for many years, and Conferma Pay is the basis upon which…

Online Travel

Booking Holdings Boosts Discounting to Capture Bigger Share of Travel Budgets

Booking is placing a new emphasis on discounting versus its traditional reliance mostly on marketing. Expect more fintech and loyalty offerings.

Booking Holdings Boosts Discounting to Capture Bigger Share of Travel Budgets