Smart Receivables Playbook, Payment Processing, travel payments, tourism payment challenges

Smart Receivables Playbook: Rethinking Payments Processing After The Pandemic

Two-Thirds Of Travel Operators Cite Accounts Receivable As Significant Payment Pain Point

Large travel operators are taking a good hard look at their payment processes, at a time when 62 percent of them view B2B payouts as a significant pain point. PYMNTS’ Smart Receivables Playbook, a collaboration with Flywire, examines how AR execs are using technology to streamline cash flow.

Inside the November Playbook

  • 3.2 percent: Average share of revenues that travel and tourism firms spend on payment processing
  • 62 percent: Portion of U.S. travel and tourism firms that say B2B payouts are at least a “somewhat” significant friction
  • 24 percent: Share of travel and tourism financial executives who say taking too long to receive payments is a top challenge

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