Travel Payments

Travel Payments
Travel Recovery in South Korea Makes Strong Case for Localized Payments
June 22, 2022

Neither pandemic flareups nor inflation will deter adventurous South Korean travelers from booking travel in a recovery year, but it’s an advanced market that demands more from travel experiences, how travelers are able to pay, and in the case of suppliers, be paid. Whatever the...

Travel Payments
Travel App Provider Ranking Contenders Take a Staycation
June 14, 2022

There isn’t much movement in this month’s edition of PYMNTS’ Provider Ranking of Travel apps. The 11 apps that have earned a place in the top 10 were here last month too. What’s more, each was in the same position in the rankings. There are...

Travel Payments
Affirm, Agoda to Provide BNPL Travel Booking
June 13, 2022

Approved travelers booking hotels through the Agoda platform will get a buy now, pay later (BNPL) option provided by BNPL provider Affirm under a new arrangement, the companies announced Monday (June 13). For hotel stays costing $50 or more, guests will be allowed to make...

Travel Payments
Subscription Travel Brings Recurring Summer Fun to the Road and Skies
June 11, 2022

If we can subscribe to something like Apocabox — should the world end on a predictable monthly recurring billing schedule — why can’t we subscribe to more travel services? That gap in the market is yawning, but it won’t be for much longer as subscriptions are going...

Travel Payments
With Vacation Demand Rising, Travel App Hopper Unveils Cost Saving Tools
June 07, 2022

With desire for summer vacations competing with consumer anxiety, travel app Hopper has rolled out a suite of FinTech flexibility products designed to help people save on their trips. Hopper CEO Frederic Lalonde announced the new products on the company’s website Tuesday (June 7), saying...

Travel Payments
The Digital Merchant 2022: Crypto Payments Take Travel in New Directions
June 07, 2022

Disrupting traditional travel payments — a legacy ecosystem rife with opacity and inefficiency — is potentially a killer app for cryptocurrency, availing new ways to book, pay and admit entry to a rapidly forming metaverse where pre-travel experiences promise to be truly immersive. As Travala...

Travel Payments
Gas High — But Spirits Higher — as Summer Travel Kicks Off
May 30, 2022

If you’re among the nearly 40 million Americans expected to have traveled over this holiday weekend, you paid more than you have in many years for everything — and it was worth it. As the holiday approached, AAA released its annual forecast on Memorial Day travel,...

Travel Payments
Airbnb to End Domestic Listings in China, Citing Cost, Competition
May 23, 2022

Airbnb won’t be going forward with its domestic listings in China, CNBC wrote Monday (May 23), citing costs and competition. The Chinese version of the popular vacation rental site was rolled out in 2016. Since then it has had competition from domestic players as well...

Travel Payments
Rural US Airbnb Hosts Made Over $3.5B in 2021
May 17, 2022

As peoples’ travel habits shift, Airbnb said in a company blog post Tuesday (May 17) that it has seen more bookings in rural areas. One area that has also been growing is farm stays, which doubled in the first quarter of 2022 as opposed to...