Will Cryptocurrency Payments in Travel Become Mainstream?
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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
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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
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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
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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…
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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
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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?
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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…
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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 […]