Do you understand the true costs of travel payments, how to reduce your exposure to credit card fraud and surcharges or how virtual cards work?
Muhammad Ali famously once said: “Often, it isnâ€™t the mountains ahead that wear you out, itâ€™s the little pebble in your shoe.”
Todayâ€™s travel payments landscape is complex. With rapidly changing points of sale, complicated distribution chains and legacy payment systems competing with new payment innovations, itâ€™s about time someone clarified the options and the costs.
A veritable cottage industry has formed in recent years around travel hacking, mostly focusing on how to accumulate as many miles as possible for airline reward redemption.
One-third of all business travelers are “unmanaged”, meaning they do not have to operate under stated company travel guidelines or use company-approved travel providers.
Swiss company TrekkSoft has lofty ambitions, wanting to muscle in the growing tour and activity marketplace with its own payment gateway system for operators.
Cyber attacks and data breaches are on the rise, with some reports showing that restaurants, retail, and hospitality were top targets for criminals for the fourth year in a row.
There is an ugly truth that very few travel tech companies seem to talk about when they rush out of the gates to satisfy the curiosity of hungry travellers starved for experiences.