Travel Payments news and trends

New Airline Refund Requirements Put Spotlight on Instant Digital Disbursements
Travel Payments // 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...

Nium and Thredd Launch APAC Virtual Card Partnership
B2B Payments // April 24, 2024

Cross-border payments platform Nium and payments processor Thredd have expanded their partnership. As Thredd said in a Wednesday (April 24) news release, this expansion will allow Nium issue virtual cards in the Asia-Pacific (APAC) region. “APAC presents a substantial opportunity for global travel intermediaries that will in turn spur robust...

DOT: Airlines Must Automatically Refund Canceled Flights
Travel Payments // 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...

Klarna and Expedia Team to Bring BNPL to US Travelers
Travel Payments // 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...

Interviews & Exclusives
Fleet Sector Travels From Closed-Loop to Future-Ready

April 16, 2024
Where an industry goes tomorrow is a step-function from where it is today. And this is particularly true within the fleet management ecosystem, where traditional payment methods like fuel cards remain, by far, the most common payment scenario. Increasingly, addressing the challenges of traditional fleet payments, including cumbersome manual processes and security loopholes, are playing […]

New US Passport App Removes Friction Amid Business-Leisure Travel Shifts

April 07, 2024
The cost of skipping long airport queues is set to increase due a hike in fees for expedited security programs, according to a recent press release by the U.S. Customs and...

Business Travel Reporting Starts With Central Expense Management

April 02, 2024
It’s a new era for business, and that means it’s a new era for business travel. And against today’s backdrop, where every dollar of working capital matters, travel spend management...

J.P. Morgan Payments and Expedia: Platform Ecosystems Demand Treasurers Become Risk Management Professionals

March 25, 2024
Jim Scurlock, senior director and assistant treasurer at Expedia, and Larson McNeil, co-head of marketplaces and digital ecosystems at J.P. Morgan Payments, told Karen Webster that the role of the...

Quick Reads
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 on years of working together, we remain committed to delivering […]

Nium and Thredd Launch APAC Virtual Card Partnership

April 24, 2024
Cross-border payments platform Nium and payments processor Thredd have expanded their partnership. As Thredd said in a Wednesday (April 24) news release, this expansion will allow Nium issue virtual cards in the Asia-Pacific (APAC) region....

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...

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...