For many consumers, planning a trip now includes deciding how to divide the bill as carefully as deciding where to go. The PYMNTS Intelligence report “Credit Card Installments Outrun BNPL in Summer Travel Surge,” the November edition of The Pay Later Ecosystem Report, examined how...
Uber’s co-founder is reportedly considering returning to the ride-hailing space with his new venture Atoms. That’s according to a report Sunday (Sept. 6) by the Financial Times (FT), which said Travis Kalanick is looking to develop robotaxi technology by reuniting with veterans of Uber’s autonomous...
This weekend’s gas prices are set to be the highest ever for a Labor Day weekend, AAA said in a Thursday (Sept. 3) press release. The national average gas price is $4.14, which is above the current Labor Day record of $3.82, which was set on Sept. 3,...
Watch more: Monday Conversation With Booking Holdings’ Daniel Marovitz Travel has always had a front door and an operating layer. The front door was the search box, the app or the website. The operating layer was everything the consumer rarely saw: payments, currencies, supplier relationships,...
Travelers could soon face more trouble finding low-cost seats as airlines adopt AI-powered pricing practices. That’s according to a report Thursday (July 30) by Bloomberg News, which charts the air travel industry’s evolution away from using analysts to come up with pricing rules, like rising fares once...
The cost of getting to work is starting to determine who gets to work. Transportation problems are causing lower-paid workers to miss shifts, lose income and turn down jobs they can’t reliably reach, according to new PYMNTS Intelligence research. The effects extend beyond a more...
Apple Maps will be integrated into some upcoming Ford electric vehicles, the companies said Thursday (July 23). The integration of Apple Maps into Ford’s upcoming Universal Electric Vehicle Platform (UEV Platform) will be done through Apple’s new MapKit for Automotive SDK, which enables automakers to embed and customize Apple Maps,...
Travel subscription company eDreams ODIGEO (eDO) is working with Visa to enable AI agents to initiate transactions on its platforms. The integration enabled by this collaboration will enable general AI interfaces to complete purchases directly on eDO’s eDreams, Opodo, GO Voyages and Travellink travel brands,...
Rental car company Hertz announced a proposed offering of $100 million of common stock and $300 million of exchangeable senior first-lien secured payment-in-kind (PIK) notes Wednesday (June 24), while also disclosing that it realized losses on the sale of vehicles in May due to “unexpected softness in...