Will Cryptocurrency Payments in Travel Become Mainstream?
Will Cryptocurrency Payments in Travel Become Mainstream? Over the last few months, I’ve noticed more discussions online about the role of cryptocurrency payments in travel. It makes a lot of sense that cryptocurrency payments are receiving a lot of attention—as of the end of 2022, the global cryptocurrency market cap is almost $800 billion. […]
Segregating Customers Money
Segregating Customers Money The deadline for replies on the ATOLs request for more information has now passed and despite many being sceptical, I do believe it was a request for more information and the CAA have not already made up their mind. One area which seemed to cause a lot of distress and debate […]
4 Ways To Build A Better Payments Strategy
4 Ways To Build A Better Payments Strategy It has never been more critical to offer your customers a frictionless payment experience. Post-pandemic, all players in the travel industry have had to face one undeniable fact: digitisation is the way forward. For some travel firms, digitisation was already happening pre-pandemic. But for others, a […]
Three mistakes to avoid when choosing a payment provider
Three mistakes to avoid when choosing a payment provider It takes time and energy to start a travel business. Developing your business model, your website, and all the other vital components that make up a successful business. The key task of choosing a payment provider is, more often than not, a decision made right […]
The Future of Payments: the diversification of alternative…
The Future of Payments: The diversification of alternative payment methods The travel payments landscape is experiencing a transformation. There is a growing trend towards fragmentation in the global payments market, with payments being spread between a number of different payment companies and methods. Alternative payments are defined payment methods that […]
The rapid rise and rapid decline of Buy Now Pay Later
Travel used to be high risk; not its ultra high risk As we seem, certainly in the UK, to be teetering on the edge of a recession, there have been a lot of talks recently about the rapid rise and potentially rapid decline of Buy Now Pay Later. I will say from the outset […]
Payments. Do you always need an alternative?
Payments. Do you always need an alternative? For years I’ve advocated the need for alternative payments for businesses to enter and benefit from different markets. 50% of German online retail is done through non-card means, and the figure is similar for the Netherlands; South East Asia is used to the super app. I would […]
Create an effective payment strategy to…
Create an effective payment strategy to win customers post-COVID Travel providers must level up their payment strategy to attract new customers post-COVID. The last year and a half have brought significant challenges for the industry. Recently, a UNCTAD report found that the pandemic, which characterised 2020 and 2021, could cause a loss of more […]