Articles tagged “payments”

Free Read

Travel Technology

Q&A: What Travel Professionals Need to Know About Virtual Payments for 2024

Virtual payments have become a critical revenue driver for the travel industry by optimizing the payment flow between travel agencies and providers. This roundtable discussion between SkiftX and two Sabre executives explores the challenges and opportunities around business-to-business payments to help travel companies unlock new revenue streams.

Sabre + Skift | 2 weeks ago

Q&A: What Travel Professionals Need to Know About Virtual Payments for 2024

News Blog

Booking Holdings Is Compensating Hosts and Partners for Payments Failure

The problem surfaced in late Summer — Booking.com's short-term rental hosts in Europe, Asia-Pacific and Latin America cited financial hardships because the company wasn't paying them for guest stays. A condo hotel that was listed on Booking.com. Source: Booking.com CEO Glenn Fogel told financial analysts last week during Booking Holdings' third quarter earnings call that…

Dennis Schaal | 3 weeks ago

Business Travel

Citi and Navan Enter Into Travel and Expense Partnership

This is a big win for Navan, giving it an inside track to a lot of Citi's corporate accounts.

Dennis Schaal | 1 month ago

Citi and Navan Enter Into Travel and Expense Partnership
Free Read

Online Travel

Skift Global Forum Video: Enabling the Connected Trip of the Future

In this video from Skift Global Forum 2023, we hear from Edward Chandler, global head of B2B travel at Visa, about what defines the connected trip, what brands can do to create fast and seamless payment journeys, and what new technologies will enable the connected trip of the future.

Visa + Skift | 2 months ago

Skift Global Forum Video: Enabling the Connected Trip of the Future
Free Read

Tourism

How Customer Data Helps Travel Companies Make Smarter Business Decisions

New insights from Visa demonstrate the value of maintaining access to relevant customer data. Understanding the latest trends in consumer spending and payments can give travel companies a leg up on the competition.

Visa + Skift | 3 months ago

How Customer Data Helps Travel Companies Make Smarter Business Decisions

Startups

Kindred Raises $15 Million for Home Swapping Vacation Platform

A wide variety of potential travel innovations got funding this week, including a credit card for travelers, an online travel agency for recreational vehicles, and management software for tour operators.

Justin Dawes | 7 months ago

Kindred Raises $15 Million for Home Swapping Vacation Platform

Short-Term Rentals

Airbnb Stokes Hosts’ Ire Over Paused Payments

In an era of scams, Airbnb is wise to verify host identities and payout methods. Still, its at-times subpar support for and communication with hosts remain persistent problems.

Dennis Schaal | 9 months ago

Airbnb Stokes Hosts’ Ire Over Paused Payments

Online Travel

Booking Holdings Business Model Was Slowing Things Down Pre-Covid

Payments, flights and short-term rentals are paying off so far for Booking as part of its connected trip strategy. That's true even if there are doubts about travelers wanting to book their entire trip on one platform.

Dennis Schaal | 11 months ago

Booking Holdings Business Model Was Slowing Things Down Pre-Covid

News Blog

Amadeus Creates New Payment Business Called Outpayce

Travel technology company Amadeus said it was making a "significant investment" by setting up a wholly-owned business called Outpayce, which will focus on “delivering a smooth and connected travel payment experience across the traveler journey and accelerating the pace of fintech innovation in travel.” It has also applied to the Bank of Spain for an…

Matthew Parsons | 1 year ago

News Blog

Booking.com to Test Guest ID Verification and Payment Alternatives for Foreign Purchases

Booking Holdings is hiring rapidly at its new engineering office in Bengaluru, India, to work on new projects such as how to verify guest identification with machine learning and new products such as alternative forms of international payment to traditional credit and debit cards. The parent company of Booking.com has about 20 employees at its…

Sean O'Neill | 1 year ago