hospitality

Service Sector Inflation Could Test Consumers’ Appetite to Spend in 2024
Service Sector Inflation Could Test Consumers’ Appetite to Spend in 2024
January 05, 2024  |  Economy

Through the last several months, payment networks, banks and buy now, pay later (BNPL) firms have pointed to the resilience of the U.S. consumer. Consumers...

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Data Plus and Edenred Pay Partner on Embedded Payments Solution
Data Plus and Edenred Pay Partner on Embedded Payments Solution
December 28, 2023  |  B2B Payments

Data Plus and Edenred Pay have expanded their partnership to create a new embedded payments solution for hotels and hospitality businesses. The new DPPay is...

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Spenda and eBev Partner on Integrated Payments Solutions for Marketplace
Spenda and eBev Partner on Integrated Payments Solutions for Marketplace
December 27, 2023  |  B2B Payments

Spenda has partnered with eBev to provide integrated payments solutions across the eBev marketplace, which enables the ordering of alcoholic beverages for Australia’s hospitality supply...

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Nearly 1 in 3 Hospitality SMBs Rely on National Banks for Credit
Nearly 1 in 3 Hospitality SMBs Rely on National Banks for Credit
December 27, 2023  |  SMBs

Main Street small and medium-sized businesses (SMBs), which faced challenges during the pandemic and managed to stay afloat, are aiming to stabilize their finances in...

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Smartpricing Raises $14 Million for AI-Powered Hotel Revenue Management
Smartpricing Raises $14 Million for AI-Powered Hotel Revenue Management
December 14, 2023  |  Investments

Smartpricing has raised $14 million to enhance its apartment and hotel sector revenue management software. The Italian company makes software designed to help hosts boost...

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Airbnb and Klarna Expand Pay Over Time Program to UK
Airbnb and Klarna Expand Pay Over Time Program to UK
December 11, 2023  |  BNPL

Airbnb continues the phased global rollout of its Pay Over Time with Klarna option, launching it in the United Kingdom. The online marketplace for lodging...

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Payment Processors’ Data Analytics Key to Attracting Retail Clients
Payment Processors’ Data Analytics Key to Attracting Retail Clients
December 05, 2023  |  SMBs

Most small- to medium-sized businesses (SMBs) across industries use some kind of payment processor. The most common providers are PayPal, Square and Shopify, which are...

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Main Street Business Formation Hits Headwinds as Service Sector Startups Decline
Main Street Business Formation Hits Headwinds as Service Sector Startups Decline
November 21, 2023  |  SMBs

If startups are the lifeblood of Main Street businesses, and if optimism is what drives sole proprietors and small firms to make a go of...

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Nearly 35% of Hotel Guests Prompted to Tip Amid Shifting Gratuity Norms
Nearly 35% of Hotel Guests Prompted to Tip Amid Shifting Gratuity Norms
November 10, 2023  |  Consumer Payments

Inflation has emerged as a significant force in the economy, impacting consumers’ purchasing power and influencing various aspects of their daily interactions. One area where...

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