technologySkift··1 min·For: Owner, GM, Revenue, Marketing, IT, Investor
Why Payments Are Vital to Every Aspect of Travel
A new report highlights how elevating payment strategies from a back-end function to an organizational priority drives profitability and enhances the guest experience.
Key Takeaways
- 1Integrate localized and flexible payment methods to match regional guest preferences and increase conversion rates.
- 2Adopt 'buy now, pay later' (BNPL) and installment options to remain competitive against operators already offering flexible budgeting.
- 3Reduce checkout friction to prevent abandoned bookings and improve the overall digital guest experience.
Source: Skift
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