Why B2B Virtual Card Interchange Rates Fuel Travel Tech Innovation
Every time a travel agent or OTA pays a supplier using a virtual card, they earn a small percentage back…
Every time a travel agent or OTA pays a supplier using a virtual card, they earn a small percentage back…
In many emerging economies, credit card penetration is low. Instead, mobile wallets and instant banking rule. In Brazil, Pix has…
For decades, corporate travel managers have struggled with corporate credit cards and complex reimbursement policies. Employees often had to pay…
Online Travel Agencies (OTAs) process billions of dollars in bookings daily. Unfortunately, the high value of travel tickets and the…
Low-cost carriers run on thin margins. Every percentage point spent on credit card processing fees eats directly into their profit.…
Corporate travel expenses have historically involved a tedious process: compiling receipts, filing claims, and waiting weeks for reimbursement. Modern travel…
B2B travel payments are notoriously slow. OTAs often take weeks to pay the actual hotel operators or local tour providers.…
Securing passenger credit card data is a major security responsibility. Under PCI-DSS guidelines, storing raw card data is highly restricted…
Tour operators face unique payment challenges due to external factors like bad weather or transport delays. If a tour is…