Flying With Fintech: How Virtual Cards Create an Air Travel Payments Revolution
Nium Dev Team
How are OTAs (online travel agencies) flying with fintech? Payment systems in air travel are inefficient, slow, and expensive, creating friction between OTAs and their airline partners.
With price changes and global events driving increased volatility, cancellations, refunds, and lost revenue, OTAs bear the brunt of the risk. Their revenue is grounded by fees and refunds as a result of being the single point of contact for booking, payment, and management for all the other stakeholders in air travel (including airlines, hotels, rental companies, etc.).
This definitive ebook takes a deep and timely examination of global OTA payments and virtual card strategies agencies can employ to minimize their risk exposure.
Download the eBook to rise above it all.
Download for a comprehensive look at the OTA payments ecosystem
What regional trends are driving change and performance for OTAs
How new payment systems provide a competitive advantage
The criteria for selecting a global payment and virtual card partner
Modern On-demand money movement and the global network that makes it possible.