Build financial resilience into your travel payment strategy
Market volatility has become a defining feature of travel – currency swings, supplier instability, shifting demand. The businesses that come out ahead aren’t the ones reacting fastest when disruption hits. They’re the ones that built financial resilience into their payments strategy.
New research produced in conjunction with FT Longitude, surveying 300 travel intermediary executives, shows the pressure is real: 84% say the risk of losses from supplier insolvency feels higher than it did a year ago, and 79% say payment limitations during disruption have already cost them customer loyalty.
WEX virtual cards give intermediaries a way to lock in FX rates at the point of booking, manage supplier risk and free up working capital when it matters most. Get the full findings and what they mean for your business in our executive report below.
Resources
Avoiding Payment Jet Lag – WEX and FT Longitude report
New survey data from 300 travel executives on payments, resilience and growth through market volatility.
FT Live x WEX Roundtable Report – Travel in a Volatile Economy-
Senior travel leaders at FT Live discuss structural change, financial risk and trust under pressure.
Phocuswright Europe Blog Managing Travel Payments in an Era of Volatility
Payments experts at Phocuswright Europe unpack liquidity pressures, checkout design and virtual card strategy.
How we helped Salabam Solutions scale B2B travel payments
How Salabam Solutions eliminated payment friction and accelerated B2B growth with WEX.
Use WEX virtual cards to simplify supplier payments across the travel ecosystem.
Find out how WEX can grow your business
Why choose WEX for your corporate travel payment solutions?
*Internal WEX analysis