Payments

Stay informed on travel payment innovations, including fintech solutions, fraud prevention, and digital transactions driving seamless customer experiences.

Travel execs plan payment tech investment amid challenges
News / Technology
Travel execs plan payment tech investment amid challenges
By Linda Fox | May 14, 2024
A study from Outpayce, the payments company set up by Amadeus, revealed that travel companies are planning to increase investment in payment capabilities by 12% on average this year. Read More
Katanox secures license to offer regulated payment services
News / Startups
Katanox secures license to offer regulated payment services
By D.J. Catron | May 9, 2024
The company can now offer hotels and accommodation buyers bookings via direct bank payouts as an alternative to virtual credit cards.   Read More
Amadeus reports "solid start" to 2024
News / Distribution
Amadeus reports "solid start" to 2024
By Linda Fox | May 8, 2024
Group revenue for the Madrid-based business rose to €1.5 billion, a 14% increase versus the same quarter in 2023. Read More
Amadeus’ Outpayce secures license to offer regulated payments services
News / Online
Amadeus’ Outpayce secures license to offer regulated payments services
By D.J. Catron | May 1, 2024
The license allows Outpayce to provide regulated payment services in Spain initially and eventually across the European Union under Europe’s passporting system.   Read More
Who should own the travel customer?
News / Online
Who should own the travel customer?
By Norm Rose - Phocuswright Research | April 8, 2024
A full, inter-operational digital ID ecosystem will be required to truly reap the benefits of frictionless travel. Read More
Trip.com Group and AirAsia to collaborate across multiple lines of business
News / Online
Trip.com Group and AirAsia to collaborate across multiple lines of business
By Mitra Sorrells | April 2, 2024
Capital A CEO Tony Fernandes said AirAsia's growth plans are focused on China and on getting Trip.com Group's customers into Southeast Asia. Read More
The 3 AI fintech trends shaping travel in 2024
Opinion / Technology
The 3 AI fintech trends shaping travel in 2024
By David Doctor - Outpayce from Amadeus | March 29, 2024
Outpayce CEO David Doctor looks at how machine learning and AI are impacting travel payments. Read More
How Stripe is powering a hospitality subscription service in Japan
News / Online
How Stripe is powering a hospitality subscription service in Japan
By Arvindh Yuvaraj - WebinTravel | March 20, 2024
Tokyu Corporation has partnered with Stripe to introduce TsugiTsugi, a flat-rate accommodation subscription service.   Read More
Exploring the travel payments landscape in Asia
News / Online
Exploring the travel payments landscape in Asia
By Linda Fox | March 20, 2024
PhocusWire discusses the complexities of travel payments in Asia with Agoda chief commercial officer Damien Pfirsch. Read More
Concur aims to drive automation, improve user experience with updates
News / Technology
Concur aims to drive automation, improve user experience with updates
By Linda Fox | March 19, 2024
Key elements of the updates, launched at its Fusion event in the U.S. this week, include enhancing Concur Travel, a partnership with Mastercard and further automating Concur Expense. Read More
Point.me announces American Express partnership
News / Online
Point.me announces American Express partnership
By Morgan Hines | March 11, 2024
American Express card members will be able to use Point.me, a PhocusWire Hot 25 Travel Startup for 2024, to search for reward flights. Read More
Amadeus acquires B2B payments specialist Voxel
News / Technology
Amadeus acquires B2B payments specialist Voxel
By Linda Fox | March 11, 2024
Amadeus said the acquisition supports its vision for a "smooth travel payment experience" and will complement its payments business, Outpayce. Read More
Digital tipping solution Grazzy adds IHG to portfolio of brand partners
News / Startups
Digital tipping solution Grazzy adds IHG to portfolio of brand partners
By Mitra Sorrells | March 5, 2024
Grazzy, a PhocusWire Hot 25 Travel Startup for 2024, enables hotel guests to tip without cash and without requiring an app download or account setup. Read More
Despegar debuts GenAI travel assistant for trip inspiration and booking
News / Technology
Despegar debuts GenAI travel assistant for trip inspiration and booking
By Mitra Sorrells | March 4, 2024
Customers can use the "Sofia" tool through text or voice or by clicking on visual options and can return to chats even days later with the interaction saved in the system. Read More
Mews raises $110M at $1.2B valuation
News / Online
Mews raises $110M at $1.2B valuation
By Mitra Sorrells | March 4, 2024
Mews said it crossed $100 million in annualized net revenue in the last year. It will use the funding to accelerate its global expansion, product growth and acquisition strategy. Read More
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