Travel Payments

Travel Payments
Amadeus, Mastercard Extend Collaboration For Virtual Card Travel Payments
March 11, 2021

Amadeus and Mastercard have unveiled a five-year extended international collaboration to help widen access to virtual card payments throughout the travel ecosystem. The two companies will keep providing effective, safe and flexible methods to send and receive payments via the relationship, according to a press...

Travel Payments
Airlines Tout Tech Development And Cleaner Planes As Pandemic Positives
March 10, 2021

While travel has faced setbacks due to the pandemic, some silver linings include faster technology rollouts, better airline policies and more focus on fliers, The Wall Street Journal (WSJ) reported. A lack of airport and airline cleanliness has been exposed, and standards could be changed...

Travel Payments
The Kessler Collection Teams With BitPay To Allow Crypto Payments At Hotels
March 10, 2021

Luxury hotel group The Kessler Collection is teaming with BitPay to accept digital currency as a payment method, according to an announcement on Tuesday (March 9). “I believe cryptocurrency is only going to gain acceptance, and partnering with BitPay allows us to offer more choices...

Travel Payments
Kayak Aims To Give Travelers Digital Path To Small Hotels
March 09, 2021

The travel search service Kayak has unveiled a new feature that allows guests at independent hotels to choose their room, check in or order a meal just by using the company’s app. According to The Wall Street Journal, Kayak will launch this system next month...

Travel Payments
Pent-Up Demand Leads Booking Holdings CEO To Warn Consumers Of Price Increases
March 08, 2021

Booking Holdings CEO Glenn Fogel said people should look into making travel plans now before prices go back up, according to CNBC. He said there’s a lot of anxiety right now as people attempt to get their lives “back the way it used to be,”...

Travel Payments
European Hosts Drop Airbnb Listings, Move Toward Longer-Term Rentals
March 08, 2021

The number of Airbnb listings across Europe has dropped off significantly since the pandemic’s start in 2020, with hosts favoring longer-term rentals over shorter holiday stays, according to a report from Reuters. The drop in short-term rentals led to as much as a 15 percent...

Travel Payments
Tapping Payment Orchestration To Get Travel Industry Back On Track
March 05, 2021

The ultimate goal in the payments world is invisibility — a transaction that happens so seamlessly that it fades into the background of a purchase path, barely registering in the customer’s conscious mind. But invisible payments are a tough goal in a world where commerce...

Travel Payments
Spring Break Travel Dips To 12 Percent Of Americans
March 04, 2021

The spring break season, usually a major U.S. travel period for college students, now looks desolate as the pandemic continues, with only around one in eight Americans planning a trip this year, a report from the U.S. Travel Association says. That comes even as vaccines...

Travel Payments
The Changing Face Of The Travel Payments Supply Chain
March 03, 2021

It was too much to hope that the world would be transformed on Jan. 1, 2020. After a year of weathering the pandemic with travel industry players, as Flywire’s Travel Segment head Colin Smyth told PYMNTS’ Karen Webster in a recent conversation, he knew it...