Future of Travel

An October 2022 trends report from the US Travel Association shares that travel spending continues to rise and in September was up 6% above 2019 levels. This kind of reporting contributes to a buoyancy and optimism that we have not...

In recent years, there has been a lot of focus on travel suppliers and their direct distribution strategies. The fallout from COVID-19, however, has been a sharp reminder for travel suppliers of the growing importance of indirect distribution. At the...

COVID-19 has undoubtedly forced the travel industry to face its biggest challenge in modern times. Most businesses in the industry, particularly those based in Europe and America, are still heading into the eye of the storm, beginning to see the...

After over a decade in the travel market, virtual card numbers have become a best practice. So what’s next for travel payment processing in the coming decade? Data insights, mobile wallets, and expanded virtual card technology are on their way. ...

Travel companies need the best payments technology to create a seamless traveler experience, protect the traveler’s payment information, ensure good supplier relationships, and increase efficiencies. Payment technology is changing all the time, getting more efficient, and more secure. Technologies such...

Travel Management Companies get more than payments from their payment services partners.  Global business travel is expected to top $1.66 trillion by 2023 (up from $1.3 trillion in 2017). It’s no wonder businesses partner with travel management companies (TMCs) to...

For online travel agencies, the payment provider you choose can impact everything from cash flow to reliability to acceptance and even profitability. Online travel agencies (OTAs) have many choices when it comes to payment solutions. Working with the right provider...

WEX predicts a year of pushing boundaries to gain greater traveler choice and convenience.   It’s that time of year again - time to predict travel trends that will continue or emerge in the coming year. WEX Travel Payments Insights has...

Around the world, the use of cash is shrinking. Consumers and businesses are choosing to make virtual payments because it’s faster, easier and safer. And some governments have decided that moving their citizens away from cash benefits all.  Cash was...

The business travel experience can be improved through mobile apps, enhancements to corporate travel cards, and by placing the experience in the hands of the traveler.  Today’s business travelers are some of the world’s most savvy travelers. They know what...