How are OTAs (online travel agencies) flying with fintech? Payment systems in air travel are inefficient, slow, and expensive, creating friction between OTAs and their airline partners.
With price changes and global events driving increased volatility, cancellations, refunds, and lost revenue, OTAs bear the brunt of the risk. Their revenue is grounded by fees and refunds as a result of being the single point of contact for booking, payment, and management for all the other stakeholders in air travel (including airlines, hotels, rental companies, etc.).
This definitive ebook takes a deep and timely examination of global OTA payments and virtual card strategies agencies can employ to minimize their risk exposure.
Download the eBook to rise above it all.
