Travel Payments

Travel Payments
Budget Airlines Face Challenges as Post-Pandemic Travel Boom Slows
October 11, 2023

A two-year, post-pandemic boom in travel is reportedly showing signs of slowing down. This new trend is having a mixed impact on airlines, with budget airlines bearing the brunt of the slowdown, The Wall Street Journal (WSJ) reported Wednesday (Oct. 11). The indicators of a return to...

Travel Payments
Boomers Reach for Credit Cards, Millennials Lean More on BNPL to Pay for Leisure Travel
October 11, 2023

Credit cards continue to be the preferred choice among consumers for financing their leisure travel expenses, with approximately two-thirds of those who traveled or intended to travel this summer opting to use credit cards for their payments. This is one of the key findings in...

Travel Payments
Airbnb and Booking.com Take Control of Provider Ranking of Travel Apps
September 29, 2023

As the travel industry continues to evolve, the PYMNTS Provider Ranking of Travel Apps offers insights into the top movers and shakers. There are ties, apps that have fallen, and some that didn’t make the cut this round. The Top 5 Airbnb and Booking.com take...

Travel Payments
KAYAK for Business Launches Enterprise Platform for Corporate Travel
September 12, 2023

KAYAK for Business has launched its Enterprise platform designed to simplify corporate travel. Building upon the success of its free corporate travel platform for small to medium-sized businesses (SMBs), KAYAK for Business now also offers a comprehensive solution that caters to the needs of larger corporations,...

Travel Payments
Capital One Tries to Woo Travelers With Airport Lounges
September 10, 2023

Capital One is expanding its airport lounge chain in a bid to win cardholding travelers. As Bloomberg News reported Friday (Sept. 8), the lender just opened its newest lounge at Dulles International Airport in Washington D.C., with plans for more lounges in Denver, Las Vegas and New...

Travel Payments
Booking.com Joins Affirm’s Network to Offer Installment Payments
September 07, 2023

Online travel platform Booking.com has partnered with payment network Affirm to provide travelers with flexible payment options when making travel bookings. Through this partnership, Affirm will be available at checkout across several Booking Holdings travel brands, expanding on existing partnerships with KAYAK, Agoda and Priceline, Affirm said in a Thursday (Sept. 7) press release. Booking.com customers...

Travel Payments
Airlines on Payments Autopilot: How Automation Streamlines the Travel Refund Process
September 06, 2023

Air travel is complex. And that complexity trickles down to nearly every customer and airline touchpoint — particularly airline refunds, a process that has become a pressing issue for travelers and airlines. “Not only do you have a whole range of fare rules and ticket types,...

Travel Payments
HDFC Bank and Marriott Bonvoy Introduce Travel Card
August 25, 2023

India’s HDFC Bank has teamed up with Marriott Bonvoy, the travel program by Marriott International, to introduce a co-branded hotel credit card. The Marriott Bonvoy HDFC Bank Credit Card is aiming to become “one of the most rewarding travel cards in India,” the companies said in a Thursday (Aug. 24) press release....

Travel Payments
Working Capital Innovations Give Travel Sector Flexible Financing Tailwinds
August 22, 2023

Demand for travel has taken flight this summer, with record-breaking numbers of people planning trips. This seasonal surge in sunny escapism is not just limited to leisure travel; business travel is also making a comeback. But as nearly 1 in 4 U.S. consumers make their travel plans,...