Once upon a time, the world of travel in general – and exotic or adventure travel, specifically – was a very different place. As the second decade of the 21st century is drawing to a close, it is almost unimaginable that booking a flight or finding the...
The hostel industry has rapidly grown since the first one opened in Altena, Germany in 1912. The market now serves millions of international travelers and is worth $5.5 billion. Dozens of sites and services enable customers to book stays online in their local currencies, making...
Citigroup’s Global Head of Payments and Receivables Manish Kohli is relying on technology to increase its payment business. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...
In the homesharing market, “caveat emptor” takes on heightened relevance for both sides, particularly when making sure both parties are the real deal. In the latest Payments and the Platform Economy Playbook, Spotahome’s Co-founder Hugo Monteiro explains how establishing that trust is much more challenging...
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“When do you want to get paid?” It’s a basic question that — when posed to anyone, particularly, a small business (SMB) — most always has the same answer, no matter who one asks or within what industry: now. Until recently, “now” was almost never...
Corporations today receive payments through a variety of methods: They might take in funds through checks, traditional automated clearing house (ACH) or wire transfers. Some corporates may accept cash, credit cards or web payments. In other words, corporates have a mix of payments coming in...
Uber filed its S-1 last Thursday (April 11), two weeks after Lyft went public. By close of business on Friday, Lyft’s stock was trading at $59.90 a share, 20 percent off its $75 high at the end of its first day of trading. Get the...
Carsharing digital marketplaces also enable owners to rent out their vehicles to customers. But how can owners trust their automobiles to strangers? The following case study, featured in the most recent Payments and the Platform Economy Playbook, provides an in-depth look at how car rental...
