Skift Take
In this video conversation from Skift’s current Style the Future occasion, we hear from Colin Smyth, vice president and basic supervisor, travel, Flywire, about how the travel business can build trust and brand name commitment by executing better payment systems– permitting them to focus on what they do best.
Flywire
This sponsored material was produced in cooperation with a Skift partner.
In this video: Why the “Uber experience” is coming for travel payments: Customers are requiring easy, seamless payments for travel that they have actually enjoyed in other industrial sectors for a long time. The ability for travel companies to reduce and simplify purchases throughout the consumer journey will be vital in the coming years.Travel businesses should not have to be payment business: No one entered the travel business since of an enthusiasm for determining currency conversion rates. By offering flexibility and benefit when it concerns payment methods and currency options– with transparent, traceable security– travel companies can fulfill guests where they are and focus on what actually matters: individual service.Brands can develop trust and drive loyalty with payment technology: From multi-generational trips to friend-group trips, splitting payments and sharing travel experiences has actually never ever been much easier. These are simply a number of examples why the future of payments is the future of traveler satisfaction. Emerging from the pandemic, tourists are planning longer, more intricate, and ultimately more costly journeys for 2022
as they scratch their itch to make up for lost time. Travel companies are welcoming the increased need, but customer expectations are shifting, driving companies to reassess their method to payments. In this video discussion from Skift’s recent Design the Future occasion, we hear from Colin Smyth, vice president and general manager, travel, Flywire, and Dan Marcec,
Research Editor, SkiftX, about the rising expectations among tourists to take pleasure in the smooth deals that they’re seeing in other commerce sectors, and how the industry will be able to develop trust and brand name loyalty by implementing better payment systems– permitting them to concentrate on what they do best.