An explosion is going on in fintech to cater to travellers and allow them to move money around more easily and pay seamlessly. Technological innovation, alongside cultural preferences, has led to a market where a customer might prefer to pay in cash, credit card, bank transfer, online payment, currency card, e-wallet or mobile app depending on where they hail from. Although this seems like a headache for travel brands, there is value to be mined from adapting to the payments landscape market-by-market according to The Death of Cash in Travel? report, which is free to download now.
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