Travel Payments

Travel Payments
Citi Upgrades Premier Card As Travel Spending Takes Off
May 13, 2024

Citi is enhancing its Premier credit card to offer new benefits and protections for travelers. The banking giant’s Strata Premier card, announced Monday (May 13), offers increased benefits and more opportunities to earn rewards, and comes amid a surge in spending on travel across age and income...

Travel Payments
AAA: Memorial Day Road Trips Will Hit Record Numbers 
May 13, 2024

Americans are projected to take a record number of road trips this Memorial Day weekend. It’s part of an overall uptick in early summer travel forecast by the American Automobile Association (AAA) in new data released Monday (May 13). “We haven’t seen Memorial Day weekend travel numbers like these...

Travel Payments
New Q1 Data Finds Older Demographics Driving Surge in Travel Spend
May 10, 2024

They’re probably not going to Paris to see Taylor Swift. But spending among older, high-income consumers has led a Q1 travel surge that cuts across income and age boundaries, even if “Swiftonomics” isn’t part of the trend. A deep dive into PYMNTS Intelligence’s most recent “Last Transactions“...

Travel Payments
Booking.com Forms Virtual Card Partnership With WEX
April 25, 2024

Global commerce platform WEX has launched a virtual card partnership with Booking.com. The new arrangement, announced in a news release Thursday (April 25), expands on the two companies’ 11-year-old partnership, with WEX becoming Booking.com’s virtual card provider and WEX’s payment solutions supporting Booking.com’s travel-related products and services sales. “Building...

Travel Payments
Wyndham Expects Consumer Confidence to Fuel Summer Travel
April 25, 2024

Wyndham Hotels & Resorts is developing a record-high number of rooms amid its anticipation of a healthy summer season. The hotel chain released earnings Thursday (April 25) showing it has 243,000 rooms in its development pipeline, an 8% increase year-over-year, primarily at the company’s “midscale...

Travel Payments
New Airline Refund Requirements Put Spotlight on Instant Digital Disbursements
April 24, 2024

Air travel is a complicated business — and those complications can get passed down to travelers. From extended delays when waiting for refunds after abrupt flight cancellations, to spending hours and even days haggling with airline customer service staff, U.S. consumer frustrations with the airline...

Travel Payments
DOT: Airlines Must Automatically Refund Canceled Flights
April 24, 2024

Airlines must automatically refund travelers for canceled flights under a new Department of Transportation rule. This rule, announced Wednesday (April 24) is designed to make it easier for passengers to get refunds if a flight is canceled or “significantly” changed. It also requires refunds for travelers whose checked bags...

Travel Payments
Klarna and Expedia Team to Bring BNPL to US Travelers
April 22, 2024

Travel company Expedia has expanded its partnership with payments network Klarna. The new collaboration, announced Monday (April 22), brings Klarna’s flexible payments offering to travelers in the U.S., following the launch of the company’s installment payments to Expedia customers in the UK, Germany, Finland and Klarna’s home country of...

Travel Payments
Airports Accelerate Digital Transformation to Enhance Passenger Experiences
April 18, 2024

In an era marked by rapid technological advancements, the aviation industry continues to adapt, seeking ways to streamline processes and enhance passenger experiences. Recent developments at various international airports underscore this trend, showcasing the evolution of airport technologies toward a more digital and connected future. Dayton...