Travel Payments

  • Onyx CenterSource Partners With Sovos On eInvoicing Expansion

    July 8, 2019 Onyx CenterSource, a global provider of B2B payments and business intelligence solutions to the hospitality industry, announced it has partnered with tax software provider Sovos to expand its Onyx’s InvoicePro ...
  • Can A Sunblock Spraydown Stimulate Poolside Spend?

    July 4, 2019 No one in the history of mankind has ever enjoyed a sunburn — they’re hot and uncomfortable, they make one’s skin feel two or three sizes too small and, over ...
  • ConnexPay Expands Visa Collab With New Funding

    July 1, 2019 Connexpay-visa-travel-fundingPayments technology startup ConnexPay announced $7 million in Series A funding Thursday (June 27), as well as an expanded collaboration with Visa to reduce friction in accepting virtual cards. In a ...
  • Funding Pushes TripActions Travel Booking Service To $4B Valuation

    June 28, 2019 Business travel platform TripActions has announced it has raised $250 million in Series D funding, bringing the company’s valuation to $4 billion. The round was led by Andreessen Horowitz, with participation ...
  • OTAs Tap Into Resort Fees To Create New Revenue Streams

    June 27, 2019 Booking.comA little over a month ago, Booking.com sent ripples of surprise throughout the travel vertical with the announcement that it would begin collection commissions on the fees resorts charge to ...
  • Hotels, And India’s Middle Class, Show Path For Online Travel

    June 25, 2019 India Market Shows Path For Online TravelIt’s a fool’s errand to predict what will interest historians decades or centuries from now, but the scribes here at PYMNTS don’t pull back from such challenges. When it comes ...
  • More Retailers Are Checking Into Hotels In Search Of Innovation

    June 21, 2019 hotel roomPart of the future of retail is playing out inside hotels — and that’s happening as the wider part of the travel-and-tourism industry is undergoing its own significant disruption. One of ...
  • Why Hospitality May Be The Gig Economy’s Next Frontier

    June 21, 2019 help wanted signDigital platforms have the potential to reshape the way work is done, how workers find work, and even who gets the work. Writ large, matching workers and employers can be done across a ...
  • Retail Pulse: Luxury Brands Eye Airport Retail; Panera Bread Tests Dinner Menu

    June 21, 2019 Airport RetailAirports are providing luxury brands with access to consumers with extra time on their hands who want to buy unique and unusual items they can’t find near their residences. These ...
  • Hopper Now Offering Direct Hotel Booking

    June 21, 2019 Hopper has announced that more than 270,000 hotels in over 200 countries and territories across 1,600 major cities are now available to book directly through the app. The launch comes one ...
  • Duffel Funding Round Adds Fuel To Travel Industry Innovation

    June 19, 2019 airplaneDisruption keeps hitting the travel industry, whether via digital payment or commerce, and the latest example of that comes from a U.K.-based startup called Duffel. According to a new report, the ...
  • GuestReady Gets $6M To Boost Sharing Economy Host Efforts

    June 18, 2019 GuestReady Group, a startup that helps hosts on Airbnb and other similar sites, revealed that it has raised $6 million in Series A funding. The round was co-led by Abramovich-backed Impulse VC and ...
  • eCommerce Box Companies Aim To Enhance Hotel Stays

    June 18, 2019 GuestBoxSome entrepreneurs are inspired to start companies to solve a problem they have experienced in their own lives: GuestBox Founder and CEO Shuchi Vyas, for instance, was an Airbnb host ...
  • Guided Tour Startup Stride Notches $2.5M In Funding By JetBlue, NFX

    June 12, 2019 travel groupStride, a startup that provides group travel packages and describes itself as offering “experiential multi-day and multi-destination packaged trips planned by experts,” has raised $2.5 million in a seed funding ...
  • Expedia Sued By Nustay Over Antitrust Claims

    June 12, 2019 Online travel booking startup Nustay has filed a complaint with the European Union’s antitrust regulator, the European Commission, accusing Expedia Group and Booking Holdings of breaching the region’s competition rules. The ...
  • Facial Recognition Critics Roil Over Border Control’s Database Hack

    June 11, 2019 United States Customs and Border Protection (CBP) has revealed that photos of travelers coming into and out of the country were stolen in a cyberattack in May. “In violation of CBP ...
  • Serving Up Local Life, On Demand, Around The World

    June 6, 2019 Serving Up Local Life Around The WorldThe world has become so flat that it is impossible to have a truly local experience, because “local” no longer exists. At least not in major world destinations, if a ...
  • Data Leak Discovered In Marriott’s Management Company

    May 31, 2019 Data Leak Discovered In Hotel Management NetworkA cybersecurity research team at vpnMentor has discovered that The Pyramid Hotel Group, which manages Marriott and other hotel brands, underwent a data leak exposing vulnerabilities that could potentially be ...
  • Stepping Into 21st-Century Hospitality With Short-Term Tech

    May 31, 2019 apartment shareSome entrepreneurs are inspired to start companies because they spot unmet needs in the market: Frontdesk Co-Founder and Chief Growth Officer Jesse DePinto, for instance, saw the amateur nature of ...
  • Chinese Travelers Stop Coming To US

    May 28, 2019 Chinese Tourism To US Down After Years Of GrowthChinese tourism in the U.S. declined at a fast clip last year, ending what had been years of growth. According to a report in the AP, citing the National Travel and ...
  • Customer Service Can Be A Competitive Advantage For Digital Platforms

    May 24, 2019 Customer Service As An Advantage For PlatformsThe crux of the Payments and The Platform Economy Playbook is that with 162 million workers in the U.S. and Europe currently involved with the gig economy, projected to be ...
  • Travel Managers Battle Growing Fraud Threats

    May 24, 2019 Travel managers are battling against card skimming and other types of fraud — and the instances of fraud are on the rise, according to a recent study. Elsewhere, the U.S. ...
  • Why AI Could Be Fashion Rental Platforms’ Next Big Thing

    May 23, 2019 Technology may be changing, but the level of service consumers want from businesses is not. With a growing number of consumers around the globe now participating in the sharing economy, customer ...
  • Data Dive: New Ideas, Expected And Not, Edition

    May 20, 2019 Data Dive: New Ideas, Expected And Not, EditionSome changes, advances and adjustments are expected – they are clearly part of a long-term strategy playing out, or an obviously useful pivot that expands what a brand can do. And ...
  • Amazon India Now Sells Airline Tickets

    May 17, 2019 Amazon Pay In India Now Offers Airline TicketsAmazon Pay in India, which already allows customers to do things like pay bills and borrow money, has added the ability to book airline tickets, according to reports. The eCommerce giant ...
  • GetYourGuide Closes $484M Round Led By SoftBank

    May 17, 2019 Travel booking platform GetYourGuide announced that it has raised $484 million in Series E funding, led by the SoftBank Vision Fund. The round also saw participation from co-investors Temasek, Lakestar, Korelya ...
  • Taco Bell To Open ‘The Bell’ Hotel

    May 16, 2019 QSR Taco Bell To Open 'The Bell' HotelTo provide consumers with an immersive way to experience its brand, Taco Bell is launching The Bell: A Taco Bell Hotel and Resort in Palm Springs, California for a limited ...
  • Startups Merge To Take On Airbnb

    May 15, 2019 Four Short-Term Stay Startups Form New CompanyA group of four short-term stay startups in Europe have teamed up to create a new company and take on leader Airbnb. Earlier on Wednesday (May 15), BNBbuddy, The London Residents ...
  • Google Makes It Easier To Plan Trips

    May 15, 2019 Google is launching a product that will make it easier for users to plan and organize their travel plans. The new product will integrate flight and hotel search functions, as ...
  • Tapping Into Apps To Make Business Travel Easier

    May 14, 2019 Tapping Into Apps To Make Business Travel EasierBusiness trips can inspire entrepreneurs to create new lodging options. William Lucas was inspired to start Mint House based on his choices in finding a place to stay for work. ...
  • What Does Innovation Mean For Small Hospitality And Food Service Businesses?

    May 9, 2019 Small businesses might be optimistic about the future. In the accommodation and food services industries, they are also ready to innovate. According to the PYMNTS Retail Innovation Readiness Index, powered by ...
  • Can Air Travel Ticketing Subscriptions Take Off?

    May 7, 2019 airplaneTravelers have purchased individual airline tickets for years, but digital innovators are allowing them to buy a set number of one-way trips ahead of time. Take Wanderift, which provides this ...
  • NCR Acquires Restaurant POS Firm

    May 6, 2019 Payment Technology Company NCR Acquires Texas P.O.S In Bid To ExpandNCR, an Atlanta-based payments technology company, has acquired Texas P.O.S., a Houston-based provider of point-of-sale (POS) solutions for restaurants and merchants, according to a press release. The move is a bid ...
  • Taking The Pain Out Of Vacation Planning

    May 6, 2019 lake-front vacation houseThe weather is warming, school years nationwide are winding down and the summer vacation season is creeping up. Somewhere between 50 and 70 percent of Americans will take some kind of ...
  • EU Regs Hear More Calls For Commercial Card Swipe Fee Caps

    May 6, 2019 As European Union (EU) authorities continue to combat interchange fees charged by credit card companies Visa and Mastercard, some are now calling on such regulatory action to apply to corporate ...
  • How Online Platforms Bring Creative Combinations To Hotel Reservations

    May 3, 2019 hotel roomTo provide consumers with less expensive and more flexible booking options, eCommerce innovators are taking new approaches to hotel reservations. Splitty Travel, for instance, allows consumers to combine two rate ...
  • OYO Acquires Leisure Group For Europe Expansion

    May 1, 2019 OYO Acquires Leisure Group For Europe ExpansionIndian budget hotel startup OYO, which is backed by companies like Airbnb, SoftBank and Didi, has acquired @Leisure Group from Axel Springer for around $415 million (€369.5 million), according to ...
  • ‘Apart-Hotels’ And Turning Apartments Into Boutique Lodging

    May 1, 2019 Apart-Hotels Turn Apartments Into Boutique LodgingSome entrepreneurs are inspired to start companies that stem from their passions: Nitesh Gandhi, founder and CEO of “apart-hotel” company Locale, was drawn to design, architecture and spaces while growing ...
  • Visa Powers Virtual Payments For Sabre

    April 30, 2019 airportGlobal travel industry technology provider Sabre announced a partnership with Visa, the payments company, to support business-to-business virtual payments in the travel industry. In a press release, Sabre and Visa said ...
  • Marriott Takes On Airbnb

    April 29, 2019 Marriott Plans Homesharing BusinessTo compete with Airbnb along with other homesharing companies, Marriott International is reportedly starting a business for home shares. Unnamed sources claim the firm could soon debut details for the ...
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