Fintech in Travel: What’s New?
Fintech is changing the way travel is purchased and settled. While in and of itself, fintech touches nearly every industry, there are unique pain points surrounding travel, including accepting multiple forms of payment and providing flexibility to travelers. As fintech’s role in the entire travel process continues expanding, new methods of simplifying payments will continue to emerge, easing consumers’ frustrations and enabling greater flexibility and efficiencies.
This article is a follow up to The Fintech and Payment Revolution in Travel, published in July 2022, and highlights recent developments, key players and new partnerships. Also included are an overview of available tools and a fresh look at the B2B fintech landscape in travel.
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