Payments Innovation Readiness
NEW REPORT: Hotels, Airlines Tap Payments Orchestration To Meet Consumers’ New Digital Expectations
The travel industry is poised for a comeback as economies slowly reopen, but the hotel chains and airlines of the world are still determining how best to satisfy consumers’ new digital expectations. In the Payments Innovation Readiness Playbook, PYMNTS provides a top-level overview of how travel and hospitality firms are tapping payments orchestration to boost conversion — and what other industry players can learn from their example.
Inside the April Playbook
- 58 percent: Share of consumers who would purchase less often from merchants – if at all – after having their card payments declined
- 70 percent: Portion of digital merchants that want to implement payments orchestration
- 57 percent: Share of consumers who consider digital payment options when deciding where to shop