Regions Bank has debuted a virtual card designed to streamline business travel payments. The bank’s Visa Commercial Pay solution, announced in a news release Monday (Dec. 5), is designed for Regions’ treasury management clients. Regions Bank says the solution lets businesses that use a travel...
Increasing optionality in travel payments is helping to keep the sector’s rebound rolling. Al Enes, vice president of gig economy and travel at payments platform Nuvei, told PYMNTS it’s no mystery that two-plus years of pent-up demand was unleashed early in the year and led...
Travel bans slowed the world down, but recovery points to the attraction of real-time payments. That’s according to Spencer Hanlon, global head of travel payments at Nium, who said in an interview with PYMNTS that while the period of travel bans and canceled flights was...
Hong Kong-based payment platform Sunrate said it will integrate its online travel solution with Agoda’s digital travel booking platform. “At Sunrate, we are committed to constantly innovate our offerings, so that ultimately, we can be the one-stop B2B partner for the travel industry, by solving...
While the cost of processing credit cards has dropped dramatically over the years, some of the interchange levels have remained relatively high. This has led to an economic model evolving within the travel industry where some of the benefits are being passed to the buyer....
With revenues at record levels and more people renting their homes to earn extra income, Airbnb is working to attract new hosts. That’s the thinking behind “Airbnb Setup,” a program the company launched Wednesday (Nov. 16) to make it easier for people to turn their homes into Airbnb properties. “Airbnb...
Uber has expanded its Uber Travel service to 10,000 cities, part of a suite of new services, as the company and its competitors look to diversify their offerings. The service — now available in all major cities in the United States and Canada — organizes...
Travel app Hopper has secured a $96 million follow-on investment from Capital One, which led its Series F round in March 2021, and Hopper said it will use the funds to accelerate its growth across several fronts. For one thing, Hopper will continue to add...
The world’s largest homesharing platform says economic concerns and conditions are fueling growth in both travelers and hosts, albeit for different reasons. Speaking to investors in the wake of reporting record Q3 revenues, bookings, and profits, Airbnb Co-founder and CEO Brian Chesky explained the drivers...
