Travel Payments/page/4 news and trends

CellPoint Raises $30 Million for Travel Sector Payment Orchestration
Investments // November 21, 2024

Travel-industry-focused payment orchestration firm CellPoint Digital has raised $30 million in new funding. The financing, from Toscafund and Penta Capital, will help speed the launch of CellPoint’s Offer Order Service Delivery (OOSD) payment orchestration platform, created to power the travel industry’s transformation toward modern airline retailing, the company said in a...

Mastercard and Worldpay Launch Virtual Cards for Travel Agents
Travel Payments // November 20, 2024

Worldpay has teamed with Mastercard to provide virtual cards for travel agents. The new offering is aimed at alleviating what Worldpay says is a persistent problem, per a Wednesday (Nov. 20) news release. “Travel agents that sell travel bookings directly to end consumers have long been challenged by how to...

Paysafe and CellPoint Partner on Payment Orchestration for Travel Merchants
Partnerships // November 19, 2024

Paysafe partnered with CellPoint Digital to allow travel merchants to offer seamless payments to their customers. The integration enabled by this collaboration will allow these merchants to connect to numerous acquirers through CellPoint Digital’s payment orchestration platform, the companies said in a Friday (Nov. 15)...

Digital Payments Reduce Travel Industry Turbulence
Travel Payments // November 19, 2024

There’s nothing simple about travel, especially from a payments POV. But there should be. “Simplicity in travel, the more they can go hand-in-hand, the better that is for everyone,” Kristian Gjerding, CEO at CellPoint Digital, told PYMNTS during a discussion for the What’s Next in Payments series, “Business...

Interviews & Exclusives
Expedia Tops Travel App Provider Ranking Ahead of Busy Season

November 27, 2024
It’s fitting to look at PYMNTS’ Provider Ranking of Travel Apps, considering this week is one of the busiest travel periods of the year. Each month, PYMNTS determines the most popular apps in the travel sector based on the number of downloads and average users, as well as other metrics. The best travel apps provide […]

Digital Payments Reduce Travel Industry Turbulence

November 19, 2024
There’s nothing simple about travel, especially from a payments POV. But there should be. “Simplicity in travel, the more they can go hand-in-hand, the better that is for everyone,” Kristian...

Payment Choice Will Drive Travel Business in 2025

November 15, 2024
Enhancing the customer experience is crucial to success in the travel sector, CellPoint Digital Global Head of Product Tom Randklev writes in a new PYMNTS eBook, “The New Value Equation: 11...

Payments Orchestration Plays Major Role in Meeting Travel Business Complexity

November 07, 2024
Airlines run on two things: schedules and exceptions to those schedules. For the travel industry, building the plane itself represents a more straightforward, even simpler, exercise than getting it into...

Quick Reads
CellPoint Raises $30 Million for Travel Sector Payment Orchestration

November 21, 2024
Travel-industry-focused payment orchestration firm CellPoint Digital has raised $30 million in new funding. The financing, from Toscafund and Penta Capital, will help speed the launch of CellPoint’s Offer Order Service Delivery (OOSD) payment orchestration platform, created to power the travel industry’s transformation toward modern airline retailing, the company said in a Thursday (Nov. 21) news release. “This latest funding round highlights […]

Mastercard and Worldpay Launch Virtual Cards for Travel Agents

November 20, 2024
Worldpay has teamed with Mastercard to provide virtual cards for travel agents. The new offering is aimed at alleviating what Worldpay says is a persistent problem, per a Wednesday (Nov. 20) news release. “Travel agents...

Paysafe and CellPoint Partner on Payment Orchestration for Travel Merchants

November 19, 2024
Paysafe partnered with CellPoint Digital to allow travel merchants to offer seamless payments to their customers. The integration enabled by this collaboration will allow these merchants to connect to numerous...

Affirm Expands BNPL Travel Partnership With Priceline

November 18, 2024
Buy now, pay later provider Affirm has expanded its partnership with online travel firm Priceline. The new collaboration makes Affirm the buy now, pay later (BNPL) provider for Priceline Partner Solutions, the company’s...