Amid the great travel rebound, the scramble to book flights and pay for them leads to something else entirely. Let’s call it booking envy. Log on, submit payment, and then (we’ve all been there) feel crestfallen upon finding out that the price falls days or...
As talk in payments circles turns more and more to localization and alternative payment methods (APMs), smart routing and payments orchestration is stepping up as a solution to the soft declines and complex billing issues that attend air travel, especially international. To that end, London-based...
Airline executives are optimistic about demand for travel this year, even as ticket prices climb. A Wednesday (March 15) report by The Wall Street Journal quotes the CEOs of United Airlines and Delta, both of whom anticipate consumers will get the travel bug this year....
Foreign exchange company Travelex has launched a wholesale banknote business in the Middle East. The new operation, announced Tuesday (Feb. 28), comes amid continued consumer demand for travel, which is in turn driving continued use of cash. According to a news release provided to PYMNTS,...
Some call it “revenge travel” but it’s really more of a “great escape.” This, at a time when inflation-flattened consumers are cutting back on everything — even the food they eat — yet somehow find the means to throw down for a week in … you...
Online travel agency Booking Holdings delivered a strong fourth quarter, driven in no small part by changes in its payments strategy and digital booking capabilities, notably its mobile app. On its Q4 2022 earnings call Thursday (Feb. 23), Booking Holdings CEO Glenn Fogel noted that...
Voxel has partnered with Booking.com to deploy an invoice collection tool for the travel industry. TravelDailyNews reported Friday (Feb. 10) that the Spanish B2B payments firm and the travel website developed a tool to automate invoice collection to streamline reconciliation processes and ensure that invoices meet the legal requirements of...
Making a powerful case for loyalty, Expedia Group is focusing on growing its mix of loyalty members and app users who book at higher levels than any other consumer group. Reporting earnings for the fourth quarter of 2022 ended Dec. 31, Expedia Group Vice Chairman...
American Express and Microsoft are working to simplify business travel expense reporting. The companies have developed an artificial intelligence (AI)- and machine learning (ML)-powered solution that simplifies and automates expense reporting and approvals, according to a Thursday (Feb. 9) press release. Microsoft will pilot it...
