Travel Payments

Travel Payments
Booking.com Joins Affirm’s Network to Offer Installment Payments
September 07, 2023

Online travel platform Booking.com has partnered with payment network Affirm to provide travelers with flexible payment options when making travel bookings. Through this partnership, Affirm will be available at checkout across several Booking Holdings travel brands, expanding on existing partnerships with KAYAK, Agoda and Priceline, Affirm said in a Thursday (Sept. 7) press release. Booking.com customers...

Travel Payments
Airlines on Payments Autopilot: How Automation Streamlines the Travel Refund Process
September 06, 2023

Air travel is complex. And that complexity trickles down to nearly every customer and airline touchpoint — particularly airline refunds, a process that has become a pressing issue for travelers and airlines. “Not only do you have a whole range of fare rules and ticket types,...

Travel Payments
HDFC Bank and Marriott Bonvoy Introduce Travel Card
August 25, 2023

India’s HDFC Bank has teamed up with Marriott Bonvoy, the travel program by Marriott International, to introduce a co-branded hotel credit card. The Marriott Bonvoy HDFC Bank Credit Card is aiming to become “one of the most rewarding travel cards in India,” the companies said in a Thursday (Aug. 24) press release....

Travel Payments
Working Capital Innovations Give Travel Sector Flexible Financing Tailwinds
August 22, 2023

Demand for travel has taken flight this summer, with record-breaking numbers of people planning trips. This seasonal surge in sunny escapism is not just limited to leisure travel; business travel is also making a comeback. But as nearly 1 in 4 U.S. consumers make their travel plans,...

Travel Payments
SAP Concur Debuts Booking Experience as Travel Costs Climb
August 17, 2023

Travel/expense management platform SAP Concur is set to unveil a new booking experience. According to an announcement on Thursday (Aug. 17),  the company will create an “end-to-end booking experience across air, hotel, and car rental bookings” for the online travel company Sabre, with plans to...

Travel Payments
GBTA, Visa Say Business Travel Rebounded Faster Than Expected
August 14, 2023

Business travel is bouncing back following a pent-up demand for in-person meetings and events as the world moves beyond the pandemic. This rebound is occurring faster than expected, the Global Business Travel Association (GBTA) and Visa said in a Monday (Aug. 14) press release. Global...

Travel Payments
Mesh Payments Launches Travel Management System With Integrated Corporate Cards
August 14, 2023

Mesh Payments has launched a travel management solution that provides travel, payment and expense management for global enterprises. The new Mesh Travel Management system includes artificial intelligence (AI)-enabled spend management, global visibility and reporting capabilities, global compliance, and multi-currency corporate cards, the company said in...

Travel Payments
Sabre Adds AI-Powered Tool to Customize Lodging Options
August 14, 2023

Sabre has added artificial intelligence (AI)-powered lodging capabilities for travel agencies. Lodging AI, the newest addition to the Sabre Travel AI suite of solutions, helps travel agencies improve hotel attachment rates and offer more personalized lodging options, the company said in a Monday (Aug. 14) press release....

Travel Payments
Business Travel Costs Expected to Keep Climbing
August 10, 2023

Global business travel and events costs are expected to keep climbing through the remainder of 2023 and into 2024. However, lingering economic uncertainty and a gradual easing of supply-side constraints are likely to result in more subdued price increases than the record hikes during 2022,...