The international travel bounce-back continues, flying in the face of sky-high airfares and hotel costs, and making a strong case for travel merchants to up their performance when it comes to streamlining local requirements, managing foreign exchange (FX), and providing consumers with payment methods of...
Despite earnings losses, carriers predict soaring demand as the United States enters the summer travel season. Airlines’ summer flight forecasts range from rosy to hesitant after a disappointing holiday travel season, The Wall Street Journal (WSJ) reported in April. Southwest, for example, saw a quarterly loss of $159...
Airwallex and Expedia Group have teamed up to offer a discount to global business travelers. Existing and new users of the Airwallex payments and financial platform can receive a 10% discount off hotel stays that they book on the Expedia travel technology platform, the companies...
OmniPay and Discover® Global Network have partnered to launch the OmniPay Travel Card. This collaboration brings together the capabilities of OmniPay, a non-bank financial institution (NBFI) and electronic money issuer (EMI) supervised by the Central Bank of the Philippines, and Discover Global Network, the payment brand of Discover Financial...
While people still want to travel, they may not want to pay to rent an entire house. That’s the thinking behind Airbnb’s new “Rooms” program, announced Wednesday (May 3) as a more affordable new take on the company’s original offering. “Airbnb began as a way...
Travel is a vertical ripe to be examined, ready to embrace a technological shift — and a mindset shift, too — when it comes to payments. Spreedly Vice President of Product Management Joe Meuse, EBANX Vice President, Global Market Development & Channels Gregory Cornwell, and Hopper Head of Product, Payments & Fraud Anirudh...
As peak summer travel season closes in fast and with flights, hotels and restaurant prices all inflated, more people are opting to ditch that model and rent a recreational vehicle (RV). The economics of RV rentals are favorable in several ways, Co-founder and Chief Marketing...
Payments FinTech Nuvei has integrated its platform with travel software firm Sabre. The integration, announced Tuesday (April 25), will let Sabre offer its partners a “superior customer payments experience,” helping them maximize card payment approval rates, boost revenue growth, and “reduce customers lost due to...
Even as pent-up travel demand was unleashed throughout 2022 with airlines and lodgings firms reporting strong performance and outlook, the word “uncertainty” was used a lot and could be taking a more definable form as doubt has entered the picture for the travel sector in...
