High interest rates hitting travel even harder due to needless payment collection delays

High interest rates hitting travel even harder due to needless payment collection delays

With global interest rates hitting historical highs – currently at 5.25% in the UK following an increase recently and 5.25% in the US – and economists anticipating further increases, many businesses across the whole of the travel spectrum are finding it harder to meet their debt commitments or raise further cash. However, it is often…

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Payment methods for post-pandemic travel and tourism success

Payment methods for post-pandemic travel and tourism success

Payment methods for post-pandemic travel and tourism success The relationship between the travel sector and the payments industry has always been complex, never more so than during the pandemic. As a sector with an acute delayed delivery, it is unsurprising we encounter the challenge of managing that partnership. The pandemic has only worsened this standoff…

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