Transportation

Travel Payments
Expedia Tops Travel App Provider Ranking Ahead of Busy Season
November 27, 2024

It’s fitting to look at PYMNTS’ Provider Ranking of Travel Apps, considering this week is one of the busiest travel periods of the year. Each month, PYMNTS determines the most popular apps in the travel sector based on the number of downloads and average users,...

Travel Payments
Mastercard and Worldpay Launch Virtual Cards for Travel Agents
November 20, 2024

Worldpay has teamed with Mastercard to provide virtual cards for travel agents. The new offering is aimed at alleviating what Worldpay says is a persistent problem, per a Wednesday (Nov. 20) news release. “Travel agents that sell travel bookings directly to end consumers have long been challenged by how to...

Transportation
Solvento Eyes AI-Driven Financial Platform for Mexico’s Trucking Industry
November 19, 2024

If the pandemic taught merchants anything, it’s that supply chains are only as strong as their weakest link — and trucking carriers are among the most vital of those links. And in Mexico, as in other countries, the trucking industry is dominated by small firms...

Travel Payments
Digital Payments Reduce Travel Industry Turbulence
November 19, 2024

There’s nothing simple about travel, especially from a payments POV. But there should be. “Simplicity in travel, the more they can go hand-in-hand, the better that is for everyone,” Kristian Gjerding, CEO at CellPoint Digital, told PYMNTS during a discussion for the What’s Next in Payments series, “Business...

Travel Payments
Citi and Bank of Shanghai Team on International Travel Payments
November 13, 2024

Citi and the Bank of Shanghai have teamed to streamline payments for visitors to China. The payments solution announced by the two banks Wednesday (Nov. 13) is designed for the Bank of Shanghai’s TourCard — a prepaid card created specifically for overseas travelers to make mobile payments in China —...

Travel Payments
Travelex Teams With NCR Atleos to Overhaul ATM Network
November 11, 2024

Foreign exchange brand Travelex is updating its ATM system in partnership with NCR Atleos. The collaboration, announced Monday (Nov. 11), will see Travelex replace the hardware and software of its collection of 600 ATMs in eight countries, allowing for new features such as contactless cash withdrawals. “We are making it...

Travel Payments
Booking.com Parent Eyes Job Cuts Amid Larger Reorg Plan
November 10, 2024

Booking.com is conducting a companywide review that could lead to job cuts. The online travel agency’s parent said in a Friday (Nov. 8) regulatory filing that this review would include “an expected workforce reduction,” as well as cost reductions like looking for real estate savings...

Travel Payments
Payments Orchestration Plays Major Role in Meeting Travel Business Complexity
November 07, 2024

Airlines run on two things: schedules and exceptions to those schedules. For the travel industry, building the plane itself represents a more straightforward, even simpler, exercise than getting it into the air and landing it smoothly. To ensure reliable travel — aligning schedules across global...

Ridesharing
Uber Suggests NYC Driver Pay Cuts in Bid to Woo Riders
November 04, 2024

Ride-hailing giant Uber Technologies is suggesting a pay cut for its drivers in New York City, citing lower gas prices, as it tries to lower the price of rides in one of its biggest markets. According to a Monday (Nov. 4) report from Bloomberg, Uber...