Travel Payments

American Express Global Business Travel Simplifies Structure to Reduce Compliance Costs
American Express Global Business Travel Simplifies Structure to Reduce Compliance Costs
July 11, 2023  |  B2B Payments

American Express Global Business Travel has begun eliminating its umbrella partnership-C corporate (UP-C) structure. With the series of transactions it has undertaken to do so, all...

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Decision Brief: Empowering Direct Suppliers in the Travel Space With Seamless Online Payment Strategies
Decision Brief: Empowering Direct Suppliers in the Travel Space With Seamless Online Payment Strategies
July 06, 2023  |  Travel Payments

Introduction: As the travel industry experiences a post-pandemic resurgence, direct suppliers, such as airlines and hotels, are focusing on capturing consumer attention and spending to...

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Wheels Up Stock Plummets, Hires Restructuring Lawyers
Wheels Up Stock Plummets, Hires Restructuring Lawyers
June 23, 2023  |  Travel Payments

Wheels Up Experience shares have taken a significant hit, dropping by 60.38% in value to close Thursday (June 22) at $1.24 a share due to...

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Alipay and Mastercard Offer Cashless Payments to International Travelers to China
Alipay and Mastercard Offer Cashless Payments to International Travelers to China
June 21, 2023  |  Payment Methods

Alipay and Mastercard have teamed up to offer a new payment option for international visitors to China, allowing them to go cashless while traveling around...

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France to Close Tax Loophole for Airbnb and Short-Term Rentals
France to Close Tax Loophole for Airbnb and Short-Term Rentals
June 09, 2023  |  Travel Payments

France is taking steps to close a tax loophole and end the more favorable tax treatment short-term furnished rentals such as AirBnB receive compared to...

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Worldline Wants Customers to ‘Be Their Own Travel Agent’
Worldline Wants Customers to ‘Be Their Own Travel Agent’
June 05, 2023  |  Travel Payments

Payments services company Worldline has launched a partnership with travel website travelplanbooker.com. “At its core, this new partnership empowers today’s traveler to be their own travel agent, planning and tailoring...

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GetYourGuide Raises $194 Million for AI-Powered Travel
GetYourGuide Raises $194 Million for AI-Powered Travel
June 01, 2023  |  Travel Payments

German travel platform GetYourGuide has raised $194 million to expand into North America. The company announced the equity and credit financing Thursday (June 1), saying it would allow it...

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The High Cost of Housesitting
The High Cost of Housesitting
May 27, 2023  |  The Weekender

Three in five Americans say inflation has affected their summer travel plans. But that doesn’t mean they’ve opted to forego their trips. It just means they...

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Consumers See Summer Travel as Essential but Look for Bargains
Consumers See Summer Travel as Essential but Look for Bargains
May 22, 2023  |  Travel Payments

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...

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