The travel industry can call to mind pink sand beaches, loyalty points and upgrades. But behind the scenes, the sector is defined by the way people pay. And there have never been more ways to pay. “As soon as we think we’ve got it covered,...
Uber has rolled out a series of products designed to help customers save money. “We’re hearing it more and more these days — life just feels like a lot. Too complicated. Too uncertain. And above all, too expensive,” the tech giant said in its Wednesday (May...
Pay-by-bank provider Trustly has launched a partnership with travel technology company Sabre Direct Pay. The collaboration, announced Tuesday (May 13), is designed to bolster payment solutions for U.K. and European travel agencies, letting Sabre offer direct bank payments to travel providers. Sabre will also recommend Trustly’s technology to its customers....
Americans are increasingly taking road trips amid an inflation- and tariff-related decline in consumer confidence. That’s according to a Monday (May 12) report from Bloomberg News, citing AAA figures showing that roughly 39 million Americans will drive this Memorial Day weekend. That’s a 3.1% gain from 2024...
Pay later platform Affirm has launched a partnership with airline-owned network UATP. The collaboration, announced Thursday (May 1), allows merchants on the UATP network — which include airlines, rail carriers and travel agencies — to offer customers Affirm’s pay-over-time plans. “Travel is 10% of all...
European airlines are reportedly seeing a decline in bookings for trips to the U.S. due to uncertainty around American border policy, tariffs and the broader economy. Air France-KLM, Lufthansa and Virgin Atlantic have noted in this in recent remarks, though they have maintained their full-year forecasts due to their...
Engine Capital, a special situations fund that invested in Lyft in 2024 and has about a 1% stake in the company, said Tuesday (April 29) that it aims to elect two candidates to the rideshare company’s board of directors and address Lyft’s “governance and capital...
WEX has added a feature that enables fleets with electric vehicles (EVs) to use the WEX Fleet Card at private chargers. With the addition of this feature, WEX EV Depot, WEX now offers an EV charging and payment solution that encompasses depot, public and at-home charging...
Lyft found that surge pricing is “deeply unpopular” with customers, CEO David Risher said in his annual letter to shareholders, released Thursday (April 24). Surge pricing, which the rideshare company calls Prime Time or PT, balances supply and demand by raising prices when demand is high, thereby...